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$800,000 - 470 Highway 70, Pegram

-
Bedrooms
-
Baths
4,408
SQ. Feet
1971
Year Built

Investor opportunity in the heart of Downtown Pegram, less than 30 minutes driving to downtown Nashville. Across from Pegram Park, this unique property includes two residential buildings, each with four units, situated on a spacious 1-acre lot. The unit mix includes five 2-bedroom units (554 sqft) and three 1-bedroom units (546 sqft), with two units featuring washer/dryer hookups. Each building operates on its own septic tank, while a shared water meter services both. All units have window AC units and baseboard heating (some of which need replacing). Electrical inspections were passed and stairs were lifted in 2024. With ample income potential and the possibility to build an additional structure on the lot, this property is ideal for investors looking to expand their portfolio. Don't miss this rare chance to own a multi-unit asset with growth opportunity just a few miles from Nashville. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender. Property to be sold as-is.

Essential Information

  • MLS® #:
    2929772
  • Price:
    $800,000
  • Bathrooms:
    0.00
  • Square Footage:
    4,408
  • Acres:
    0.00
  • Year Built:
    1971
  • Type:
    Residential Income
  • Status:
    Coming Soon / Hold

Community Information

  • Address:
    470 Highway 70
  • Subdivision:
    Leaves Apartments
  • City:
    Pegram
  • County:
    Cheatham County, TN
  • State:
    TN
  • Zip Code:
    37143

Amenities

  • Utilities:
    Water Available
  • Garages:
    Gravel

Interior

  • Heating:
    Baseboard
  • Cooling:
    Wall/Window Unit(s)
  • # of Stories:
    2

Exterior

  • Construction:
    Brick, Vinyl Siding

School Information

  • Elementary:
    Pegram Elementary Fine Arts Magnet School
  • Middle:
    Harpeth Middle School
  • High:
    Harpeth High School

Additional Information

  • Zoning:
    MUL

Listing Details

  • Listing Office:
    The Ashton Real Estate Group Of Re/max Advantage

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on July 7th, 2025 at 12:09pm CDT.