901 Winchester Hwy, Fayetteville, Tennessee 37334

TN, Fayetteville
$750,000
  • Active Status
  • 44 Dayz On Cribz Total Days
  • Residential Income Property Type
  • 3873 Total Sqft $194/sqft
  • 1940 Year Built
Property 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
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 2767637
  • Price: $750,000
  • Square Footage: 3,873 Sqft
  • Year Built: 1940
  • Office Name: Residential Investment Advisors
  • Agent Name: Hunter Smith
  • Property Attached: Yes
  • Roof: Metal
  • Listing Status: Active
Location Info
  • Street Number: 901
  • Street: Winchester Hwy
  • City Fayetteville
  • State TN
  • Zipcode 37334
  • County Lincoln County, TN
  • Subdivision N/A
  • Longitude: W87° 26' 23.8''
  • Latitude: N35° 9' 27.3''
  • Zoning: N/A
  • Directions: From Fayetteville, head west. It will be on your right.
Features
  • Heating System Natural Gas, Wall Furnace
  • Cooling System Wall/Window Unit(s)
  • Parking Parking Lot
  • Utilities Water Available
  • Flooring Laminate, Carpet, Vinyl
  • Sewer Public Sewer
Schools
  • Elementary School: Ralph Askins School
  • Middle School: Fayetteville Middle School
  • High School: Fayetteville High School
Additional Info
  • Water Source: Public
  • Building Size: 3,873
  • Construction Materials: Brick
  • Levels: One
  • Number Of Units Total: 17
  • On Market Date: December 9th, 2024
  • Previous Price: $750,000
  • Stories: 2
Financial
  • Annual Tax Amount: $3,285
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Jan 10th, 2025 @ 9:39pm
  • Status Change Timestamp: Jan 10th, 2025 @ 9:36pm
mls grid

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