$750,000
For Sale

901 Winchester Hwy

Fayetteville, TN 37334
Listing OfficeResidential Investment Advisors
Browse 13 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Take a look at this 17-unit multifamily property situated in the heart of Fayetteville, TN! This property is positioned just minutes from the Fayetteville square and is in close proximity to various banks, shopping centers, restaurants, and medical facilities. This complex consists of 6 buildings, featuring 10 studio apartments, 5 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units. While the units were vacated for renovations, the owner has temporarily halted the process for personal reasons. This presents a remarkable opportunity for an investor to step in and complete the renovations, preparing the units to rent or sale. This purchase price allows any prospective buyer to gain instant equity, bring your offers!

  • Property Details
      • Middle SchoolFayetteville Middle School
      • High SchoolFayetteville High School
      • Elementary SchoolRalph Askins School
      • CountyLincoln County, TN
      • Property SubtypeResidential Income
      • Utility FeaturesWater Available
      • Sewer InformationPublic Sewer
      • Structure TypeMulti Family
      • Property TypePurchase
      • Original List Price$750,000
      • MLS #2767637
      • MLS #2767637
      • Utility SourcePublic
      • Taxes Annual$3,285
      • Cost750000
      • Square Feet3873
      • Year Built1940
      • SubdivisionN/A

Location

Shane Lame | Forward RealtyThe Legacy Team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
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
$0.00
Loan Amount
$0.00