1. Tennessee
  2. Fayetteville
  3. 901 Winchester Hwy
$725,000

901 Winchester Hwy, Fayetteville, TN 37334

  • 3,873 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $187/sqft
  • Property List Date Icon Listed 2 months ago

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! This is a full remodel with the bottom units needing the majority of work. The bottom units are currently in a flood plain but are in the process of being zoned out.

Listing Status:
Active
Listing Office:
Residential Investment Advisors : 6159658800
Listing Agent:
Hunter Smith : 9312427382
MLS ID:
2866787
  • Flooring: CarpetLaminateVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace

This listing courtesy of Hunter Smith, Residential Investment Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ralph Askins School

901 Shady Ln, Fayetteville, TN, 37334

Grades PK-4

1.27 miles away

F

Fayetteville Middle School

1800 Wilson Pkwy Ste A, Fayetteville, TN, 37334

Grades 5-8

1.73 miles away

F

Fayetteville High School

1800 Wilson Pkwy, Fayetteville, TN, 37334

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.