3 Appletree Ln Fayetteville, TN $ 499,900
3 Appletree Ln
$ 499,900
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3 Appletree Ln

Fayetteville, TN, 37334
$ 499,900
Bedrooms5 Baths3.0 Sq 1

Monthly Estimate*

$ 2,994

3 Appletree Ln, Fayetteville, TN 37334 - Image 1
3 Appletree Ln, Fayetteville, TN 37334 - Image 2
3 Appletree Ln, Fayetteville, TN 37334 - Image 3

Multi-Family Home for sale in Fayetteville, TN

for $499,900 with 5 bedrooms and 3 full baths. This 1 square foot home was built in 1987.

Property consist of a A-frame, 2 Doublewides, 4 singlewides and one singlewide that needs repair (seller will not repair), 3 lots with water/septic that buyer may can add trailers on these lots. Seller is willing to owner finance $499,900 with 20% down, remaining amortized over 20 years at 6% with 5 year balloon. Trailer addresses are as follows. 5 Appletree Doublewide, 3 Appletree Doublewide, 9 Appletree Singlewide, 11 Appletree A-Frame, 5 Pedda Singlewide, 3 Pedda Singlewide, 2 Pedda Singlewide, 3 Pevvy Singlewide without windows can be repaired, 5 Pevvy SW not inhabitable. Buyer and buyers agent to confirm taxes and school district. This property is tax card Parcel ID 138 048.01 This is a trailer Park with over 4 acres and addresses included in sale is 3, 5, 9, 11 Appletree Lane, 2, 3, & 5 Pedda, 3 & 5 Pevvy. There is an A-frame, 2 Doublewides, 4 singlewides (3 are ready to go and one needs repairs), there is one singlewide not livable, 3 lots with water/septic that could have trailers place or rent the lot out. There maybe more lots, seller knows there are 3. Most of the trailers have been fixed and ready to rent. Owner bought the property and has been getting it ready to go. Great Opportunity for income and growth with this property. Close to Huntsville! Buyers may walk there property and if trailers are rented please to not disturb the renters. All trailers are park owned, city water, and updates

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Multi-Family Active

Price

$ 499,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 850

Style

Multi Family

Year Built

1987

Town/City

Fayetteville

County/Region

Lincoln

MLS | Web ID

2740098

Features
General
Sewer Septic Tank
Heating Central
Cooling Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Zoning R
Garage Spaces 0
Construction Materials Aluminum Siding
Year Built 1987
Stories 1
Levels One
Gross Income 1
County Lincoln County TN
Net Operating Income 0
Operating Expense 1
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name none
Garage Y/N N
Status Active
Directions From Fayetterville take Huntsville HWY towards Huntsville. Turn left onto Lincoln Road then left on to Patrick Road turn left onto Appletree lane
High School Lincoln County High School
City Fayetteville
NumberOfUnitsTotal 8
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Elementary School South Lincoln Elementary
Property Attached Y/N Y
Year Built Details EXIST
Tax Annual Amount 850
Middle/Junior High School South Lincoln Elementary
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 2
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Interior
Flooring Carpet Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Other
Above Grade Finished Area Source Other
Above Grade Finished Area Unit Type Square Feet
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Exterior
Water Source Public
Total Parking 0
Inclusions OTHER
Building Area Total 1
Lot Dimensions 4.2
Covered Spaces 0
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Internal Only
Street Number 1 3
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* Excluded Features
List By
Exp Realty

Broker

CAMPBELS@realtracs.com

Email

Affordability Calculator

$3,065
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,994
Monthly Property Taxes
$71
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
2814850 Elementary School
2814850 Middle School
Lincoln County High School High School
Pricing History
DatePricePrice ChangeDescription
10/18/2024$499,900 -16.67% Price Down
10/1/2024$599,900 Listed Price

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3 Appletree Ln, Fayetteville, TN, 37334 is a Multi-Family Home for sale at $499,900 with 1 sqft. 3 Appletree Ln has 5 bedrooms, 3.0 baths, and was built in 1987. The property's zip code is 37334 which is in Fayetteville, TN