316 Hobbs Ave
Lebanon, TN 37087
832 sqft | 2 beds | 1 bath | 0.41 acres | #2778174
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
Legal
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Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Keandric Verge (#RTC337358)
Listing Office: Castle Heights Realty (#RTC33652)
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.