Courtesy of Castle Heights Realty.
Property Description
This property presents an excellent investment opportunity! With the potential for up to 6 units on a 0.41-acre lot, it’s located in a highly desirable area close to Cumberland University, the Historic Town Square, shopping, dining, and more. The existing single-family home has been generating rental income ($850/month) until November. It’s already connected to all city utilities. Great opportunity for a college rental or more!
Property Details and Features
- Basement
- Description: “Crawl Space”
- Bathrooms
- Full Bathrooms: 1
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 2
- Main Level Bedrooms: 2
- Building
- Finished Area Above Grade: 832
- Area: 832
- Building Area: 832
- Construction Materials: “Asbestos”
- Levels: “One”
- Stories: 1
- Year Built: 1943
- Year Built Details: EXIST
- Cooling
- Details: “Central Air”
- Floors
- Flooring: “Laminate”
- Garage
- Garage Spaces: 0
- Heating
- Heating: “Central”
- Listing
- Days on Market: 0
- Listing Price: 210000
- Status: Coming Soon / Hold
- Location
- Address: 316 Hobbs Ave
- City: Lebanon
- State: TN
- Zip: 37087
- County: Wilson County, TN
- Subdivision: Cartmell & Styles
- Directions: I-40 to Lebanon, Exit Hwy 231 and Go North, Turn Left on Leeville Pike, Turn Left on South Maple, Turn Right on Hobbs Blue house on Left
- Lot
- Acres: 0.41
- Size: 0.41
- Dimensions: 153.4 X 256.1 IRR
- Size Source: Calculated from Plat
- Size Units: Acres
- Parking
- Covered Spaces: 0
- Parking Total: 0
- Schools
- Elementary: Byars Dowdy Elementary
- Middle/Junior High: Winfree Bryant Middle School
- High School: Lebanon High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”