304 Washington St E Fayetteville, TN $ 295,000
304 Washington St E
$ 295,000
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304 Washington St E

Fayetteville, TN, 37334
$ 295,000
Bedrooms2 Baths2.0 Sq 2,874

Monthly Estimate*

$ 1,961

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Multi-Family Home for sale in Fayetteville, TN

for $295,000 with 2 bedrooms and 2 full baths. This 2,874 square foot home was built in 1900.

Welcome to your next savvy investment! This meticulously maintained multi-family quadplex offers a rare chance to own a lucrative piece of real estate in the heart of Fayetteville. With its excellent location, well-designed units, and strong rental history, this property is a dream come true for investors seeking both stability and growth potential. With all units currently leased, this quadplex presents an attractive income opportunity for investors. The strong rental history and high demand for housing in the area ensure consistent cash flow and a solid return on investment. For investors looking to maximize returns, there's potential to enhance the property's value through strategic renovations or updates to increase rental income. Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor or just starting out, this quadplex offers the perfect combination of stability, income potential, and growth.

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Multi-Family Active

Price

$ 295,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,759

Style

Quadruplex

Year Built

1900

Town/City

Fayetteville

County/Region

Lincoln

MLS | Web ID

2624465

Features
General
Sewer Public Sewer
Heating Electric Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Available Water Available
Possession Close Of Escrow
Zoning RES
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1900
Stories 2
Levels One
Gross Income 31800
County Lincoln County TN
Net Operating Income 29300
Operating Expense 2500
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name metes/bounds
Garage Y/N N
Status Active
Directions From Fayetteville square turn right onto Washington St E 900 ft destination is on your left.
High School Fayetteville High School
City Fayetteville
View Y/N N
Total Units 4
Waterfront Y/N N
Carport Spaces 1
Carport Y/N Y
Street Name Washington St
Elementary School Ralph Askins School
Property Attached Y/N Y
Year Built Details HIST
Tax Annual Amount 1759
Middle/Junior High School Fayetteville Middle School
Days on Market 14
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 2650
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Interior
Flooring Laminate Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2874
Full Baths 0
Half Baths 0
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Unassigned
Water Source Public
Total Parking 1
Inclusions OTHER
Building Area Total 2874
Lot Dimensions 75X106 IRR
Lot Size Units Acres
Covered Spaces 1
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Internal Only
Street Number 1 304
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* Excluded Features
List By
Burt & Co. Southern Real Estate

Broker

Melissa@burtandco.com

Email

Affordability Calculator

$2,107
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,961
Monthly Property Taxes
$147
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1790143 Elementary School
4313853 Middle School
Fayetteville High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$295,000 Listed Price

Map


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304 Washington St E, Fayetteville, TN, 37334 is a Multi-Family Home for sale at $295,000 with 2,874 sqft. 304 Washington St E has 2 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 37334 which is in Fayetteville, TN