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Listed by Steve Ross • Scout Realty
$ 350,000
Est. payment | /mo
1,826 SqFt
$ 350,000
Est. payment | /mo
1,826 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,826 sqft
Price per Sqft $191
Subdivision Lincoln Addn
MLS Listing ID 2801979
HOA Y/N No
Year Built 2024
Annual Tax Amount $446
Lot Dimensions 65 X 150 IRR
Property Description
Don't miss out on this brand new duplex, which offers modern living with an open floor concept, seamlessly blending the living, dining, and kitchen areas for a spacious feel. Each unit features two bedrooms, with adjoining full baths and a half bath downstairs. Each unit offers a fully equipped kitchen with appliances, modern cabinetry and hard surface counter tops. Designed for comfort and convenience, this home boasts stylish finishes, ample natural light, and efficient use of space. This is an excellent investment opportunity, which allows you to live in one unit while renting out the other (potentially rent the other unit for $1,250/month)—helping offset mortgage costs by more than half, and build equity faster. Enjoy the benefits of homeownership with additional rental income, making this property ideal for first-time buyers, downsizers, or investors looking for a smart financial move. Investors - this has the chance to be a packaged deal with 1200 McDonald St. (MLS - 2801968) boasting an even better CAP Rate around 9%, and brand new, long term rental use investment.
Location
State TN
County Lincoln County
Zoning Res
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Laminate
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Asphalt
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction true
Schools
Elementary Schools Ralph Askins School
Middle Schools Fayetteville Middle School
High Schools Fayetteville High School
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