Type: Private
Price: $385,000
Location: Lebanon, Tennessee, TN
Address: 302 HOBBS AVE, TN
Zip: 37087
Size: 1981 square feet
Property size: 8708 square feet
Condition: Used
Excellent Investment Opportunity!
Conveniently located within walking distance to Cumberland University and I-40. Well maintained duplex with one lease month to month. Appliances remain. 300 Hobbs Ave is available as well. (MLS 2555354) Seller is open to a package deal. Offers to be contingent upon viewing. Please do not disturb the tenants. Seller will provide $5000 towards Buyer's closing cost with an acceptable offer.
SELLER WILL CONSIDER OWNER FINANCING TO ASSIST THE BUYER (CALL AGENT FOR DETAILS)!
AWESOME INVESTMENT OPPORTUNITY! BRAND NEW! NEVER LIVED IN 2-STORY ALL BRICK QUADPLEX IN LAFAYETTE! THIS QUAD IS READY FOR YOU TO PURCHASE AND MOVE YOUR TENANTS IN! SET YOUR OWN RENTAL RATE! EACH UNIT IS 2-BDRS, 1-1/2 BATHS, EAT-IN KITCHEN WITH REFRIGERATOR, STOVE, MICROWAVE AND DISHWASHER, DEN, SEPARATE UTILITY AREA, SPACIOUS FULL BATH WITH DOUBLE VANITY, AND MORE!
INVESTMENT.
LOCATION. OPPORTUNITY. This quad-plex located in downtown Mc Kenzie checks all these boxes! This investment property includes 4(x) two-bedroom, one-and-a-half bathroom floorplans that are currently fully occupied. With prime location in downtown Mc Kenzie and within walking distance to Bethel, this is a rare opportunity that you don’t want to miss. Call us today.
Charming Duplex Investment Opportunity in the City Limits.
Introducing this exceptional duplex located in the city limits, offering a lucrative investment opportunity. Currently rented on both sides, this property provides immediate income for savvy investors. Situated on a corner lot, enjoy the convenience of parking on two sides. With its
prime location close to town, this duplex is a valuable addition to any investment portfolio. Don't miss out on this fantastic opportunity! Units are both 2 bedroom and 2 bathroom. Currently rented on both sides. Current rent rates are Unit 1117 is $1,000 which is month to month and Unit 1119 is $900 which ends.
Heads Up Investors!
This building was originally built as a duplex, then added 2 units to made it a quad. In the 80's it was converted into a childcare center that ran until 2020. It already has a new roof, HVAC, and all new windows. It is currently zoned R1 so you would need to rezone it(Sellers are amendable to a contingency) and due to the
high demand for affordable housing the city would likely cooperate. The upside is massive on this investment property. Please do not solicit for owner/creative financing.