4640 sqft | #2963910
Description
This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates!
The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units.
All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.
Property Details
- Middle SchoolEast Hickman Middle School
- High SchoolEast Hickman High School
- Elementary SchoolEast Hickman Elementary
- CountyHickman County, TN
- Property SubtypeResidential Income
- Utility FeaturesWater Available
- SubdivisionMilton Brooks
- Structure TypeMulti Family
- Sewer InformationSeptic Tank
- Property TypePurchase
- Original List Price$425,000
- MLS #2963910
- MLS #2963910
- Utility SourcePublic
- Cost425000
- Square Feet4640
- Year Built1994
- Taxes Annual$644
- Horse Stable1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Kaysie Banville (#RTC59070)
Listing Office: Keller Williams Realty Nashville/Franklin (#RTC852)
Interested in Purchasing 6966 Park Dr?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.