Courtesy of Exit Real Estate Solutions.
Property Description
Charming Remodeled Cottage with Income Potential, Barn Garage & Entertainer’s Dream Deck Welcome to this beautifully remodeled 3-bedroom, 2-bath cottage, where comfort meets opportunity. Updated in 2019, this home features an expansive open-concept kitchen and living area—perfect for gatherings, hosting, or simply relaxing in style. A spacious Master suite with private bath separate from the other bedrooms make it a relaxing area. The large living space opens to a generous deck, ideal for entertaining under the stars or enjoying peaceful outdoor mornings. . Located in the heart of Madison, this home is minutes from Downtown & 15 min. to Opry Mills mall & Opryland Hotel. You can also enjoy grabbing some coffee at Madtown Coffee a minute away and walking convenience to many other restaurants and shopping near by! Sitting on a spacious lot with lots of potential, this property includes a two-story barn-style garage—a fantastic opportunity to convert into additional living space, a guest suite, studio, or rental unit. This home also holds an active Airbnb certificate and enjoys a strong booking history, currently paying for itself—making it an incredible income-generating investment from day one. Whether you’re an investor, a host, or a homeowner seeking charm and future growth, this property is brimming with potential. Agents/Buyers to confirm all information. . Preferred Lender offering $3000 credit + free appraisal. Call Cecilia Verissimo with NEXA mortgage 615-782-1688
Property Details and Features
- Appliances & Equipment
- Description: “Electric Oven”, “Electric Range”, “Dishwasher”, “Disposal”, “Dryer”, “Ice Maker”, “Microwave”, “Refrigerator”, “Stainless Steel Appliance(s)”, “Washer”
- Basement
- Description: “Crawl Space”
- Bathrooms
- Full Bathrooms: 2
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 3
- Building
- Finished Area Above Grade: 1216
- Area: 1216
- Architecture: “Cottage”
- Building Area: 1216
- Construction Materials: “Frame”
- Levels: “One”
- Stories: 1
- Year Built: 1946
- Year Built Details: EXIST
- Cooling
- Details: “Central Air”
- Exterior Features
- Features: “Storage Building”
- Patio Features: “Deck”
- Fence
- Description: “Chain Link”
- Fireplaces
- Total Fireplaces: 0
- Floors
- Flooring: “Carpet”, “Laminate”
- Garage
- Garage Spaces: 1
- Heating
- Heating: “Central”
- Laundry
- Description: “Electric Dryer Hookup”, “Washer Hookup”
- Listing
- Days on Market: 4
- Listing Price: 385000
- Status: Active
- Location
- Address: 404 Elm St
- City: Madison
- State: TN
- Zip: 37115
- County: Davidson County, TN
- Subdivision: Forest Park
- Directions: 31E North to Madison, Rt. On Newley’s Bend Rd. Left. On Forest Park Rd. Left on Elm. Home is on your Left.
- Lot
- Features: “Level”
- Acres: 0.22
- Size: 0.22
- Dimensions: 50 X 200
- Size Source: Assessor
- Size Units: Acres
- Parking
- Covered Spaces: 1
- Parking Total: 3
- Property
- Description: “Satellite Dish”
- Roof
- Description: “Asphalt”
- Schools
- Elementary: Stratton Elementary
- Middle/Junior High: Madison Middle
- High School: Hunters Lane Comp High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”, “Cable Connected”
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