$210,000
For Sale

316 Hobbs Ave

Lebanon, TN 37087
832 sqft | 2 beds | 1 bath | 0.41 acres | #2778174
Listing OfficeCastle Heights Realty
Browse 3 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This property presents an excellent investment opportunity! With the potential for high density multifamily or up to 8 units MAX 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. (All measurements are approx recommend survey.) The existing single-family home has been generating rental income ($850/month) until November. It's already connected to all city utilities, and is apart of the infill overlay. Great opportunity for a college rental or more!

  • Property Details
      • Middle SchoolWinfree Bryant Middle School
      • Property SubtypeSingle Family Residence
      • Elementary SchoolByars Dowdy Elementary
      • High SchoolLebanon High School
      • SubdivisionCartmell & Styles
      • CountyWilson County, TN
      • Utility FeaturesWater Available
      • Sewer InformationPublic Sewer
      • BasementCrawl Space
      • Property TypePurchase
      • Original List Price$210,000
      • MLS #2778174
      • MLS #2778174
      • Utility SourcePublic
      • Taxes Annual$1,124
      • Cost210000
      • Acres0.41
      • Year Built1943
      • Square Feet832
      • Bedrooms2
      • Bathrooms1
      • Full Baths1

Location

Shane Lame | Forward RealtyThe Legacy Team
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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