$209,000 - 316 Hobbs Ave, Lebanon
- 2
- Bedrooms
- 1
- Baths
- 832
- SQ. Feet
- 0.42
- Acres
This property inside the infill overlay presents an excellent investment opportunity!!! With the potential for high density multifamily or up to 5 units + 1 ADU on a 0.42-acre lot, it’s located in a highly desirable area close to Cumberland University, the Historic Town Square, shopping, dining, and more. (All measurements are approx recommend survey.) The existing single-family home has been generating rental income ($850/month) until November. It's already connected to all city utilities. Great opportunity for a college rental or more! More details for infill overlay will be attached.
Essential Information
-
- MLS® #:
- 2778174
-
- Price:
- $209,000
-
- Bedrooms:
- 2
-
- Bathrooms:
- 1.00
-
- Full Baths:
- 1
-
- Square Footage:
- 832
-
- Acres:
- 0.42
-
- Year Built:
- 1943
-
- Type:
- Residential
-
- Sub-Type:
- Single Family Residence
-
- Status:
- Under Contract - Showing
Community Information
-
- Address:
- 316 Hobbs Ave
-
- Subdivision:
- Cartmell & Styles
-
- City:
- Lebanon
-
- County:
- Wilson County, TN
-
- State:
- TN
-
- Zip Code:
- 37087
Amenities
-
- Utilities:
- Water Available
Interior
-
- Appliances:
- Electric Range
-
- Heating:
- Central
-
- Cooling:
- Central Air
-
- # of Stories:
- 1
Exterior
-
- Construction:
- Asbestos
School Information
-
- Elementary:
- Byars Dowdy Elementary
-
- Middle:
- Winfree Bryant Middle School
-
- High:
- Lebanon High School
Additional Information
-
- Date Listed:
- January 20th, 2025
-
- Days on Market:
- 113
Listing Details
- Listing Office:
- Castle Heights Realty
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