Courtesy of Haven Real Estate.
Property Description
Development – Investor Opportunity 1.54 LOT In the heart of Madison w/ 108ft of road frontage just off of Old Hickory Blvd. MASSIVE PRICE REDUCTION – PRICED FOR QUICK SALE. Approximate 15 – 21 units possible on this 1.54 acre tract. Part of the Nashville Next Policy of T4 Urban Neighborhood Maintenance program with a recommended plan for a medium – high density residential zoning RM15-A. Property currently has 1100 s/f home (rented out), along w/ numerous buildings/pavilions. Potential high density residential project, expand on lot as is, rezone, continue commercial zoning, many investment possibilities. For Builder / Developers / Investors. (Currently Zoned RS5 / Variance / Commercial / Mixed Use.) . Similar property layout next door, zoned RM15, valued at $5,000,000+ with 32 unit
Property Details and Features
- Lot
- Size: 1.54
- Features: “Level”
- Acres: 1.54
- Dimensions: 90 X 340
- Size Source: Assessor
- Size Units: Acres
- Basement
- Description: “Crawl Space”
- Bathrooms
- Full Bathrooms: 1
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 3
- Building
- Finished Area Above Grade: 1100
- Area: 1100
- Building Area: 1100
- Construction Materials: “Brick”
- Levels: “One”
- Stories: 1
- Year Built: 1955
- Year Built Details: EXIST
- Effective Year built: 1955
- Cooling
- Details: “Central Air”, “Wall/Window Unit(s)”
- Exterior Features
- Features: “Storage”
- Fence
- Description: “Back Yard”
- Floors
- Flooring: “Carpet”, “Concrete”, “Finished Wood”, “Vinyl”
- Garage
- Garage Spaces: 6
- Heating
- Heating: “Central”, “Wall Furnace”
- Listing
- Days on Market: 145
- Listing Price: 875000
- Status: Active
- Location
- Address: 549 E Maple St
- City: Madison
- State: TN
- Zip: 37115
- County: Davidson County, TN
- Subdivision: None
- Directions: From downtown Nashville, proceed North on I-65. Take Old Hickory Blvd eastbound. Turn right on Delaware Ave; Left on E Old Hickory Blvd. Right on Forrest Park Blvd, Left on E Maple st. Property is at the end of the road on the left.
- Parking
- Carport Spaces: 2
- Covered Spaces: 8
- Parking Total: 8
- Roof
- Description: “Shingle”
- Schools
- Elementary: Stratton Elementary
- Middle/Junior High: Madison Middle
- High School: Hunters Lane Comp High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
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