1202 McDonald St new Save Request In-Person Tour Request Virtual Tour
Fayetteville,TN 37334
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,826 sqft
Price per Sqft $150
Subdivision Lincoln Addn
MLS Listing ID 2925895
HOA Y/N No
Year Built 2024
Annual Tax Amount $446
Lot Dimensions 65 X 150 IRR
Property Description
The Seller is motivated and open to considering all viable offers at any time prior to the deadline. If no acceptable offer is received by that time, a call for highest and best offers may be made. Offer Deadline: July 21st at 3:00 PM A home inspection report has been completed, and is available upon request. The stated List Price is for marketing purposes only Come visit during the Open Houses (Public Showings) and experience the best in a new build! Open House Schedule: July 10th | 2:30PM - 4:00 PM July 11th | TBD. In consideration of the Seller's schedule, Private Showings will begin on July 12th. 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 - 2925885) boasting an even better gross 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
Others
Special Listing Condition Standard