502 Adams St Fayetteville, TN $ 247,700
502 Adams St
$ 247,700
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502 Adams St

Fayetteville, TN, 37334
$ 247,700
Bedrooms4 Baths3.0 Sq 2,230

Monthly Estimate*

$ 1,483

502 Adams St, Fayetteville, TN 37334 - Image 1

Multi-Family Home for sale in Fayetteville, TN

for $247,700 with 4 bedrooms and 3 full baths. This 2,230 square foot home was built in 1940.

INVESTMENT PROPERTY IN A GREAT LOCATION! BRICK HOME CURRENTLY USED AS A DUPLEX* UNIT A- 2 BED/2BATH * UNIT B 2 BED 1 BATH * BOTH UNITS HAVE BEEN UPDATED & COME EQUIPPED WITH A FULL KITCHEN & WASHER/DRYER HOOKUPS* LOTS OF OPTIONS WITH THIS HOME - LIVE IN ONE UNIT WHILE RENTING OUT THE OTHER TO OFFSET MORTGAGE COSTS, CONSIDER CONVERTING THE PROPERTY BACK TO A SINGLE-FAMILY DWELLING FOR INCREASED LIVING SPACE, OR CONTINUE TO RENT BOTH TENANT OCCUPED UNITS GENERATING IMMEDIATE RENTAL INCOME!

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Multi-Family Active

Price

$ 247,700

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,485

Style

Duplex

Year Built

1940

Town/City

Fayetteville

County/Region

Lincoln

MLS | Web ID

2754139

Features
General
Sewer Public Sewer
Heating Electric
Cooling Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Asphalt
Zoning REN
Garage Spaces 0
Construction Materials Brick
Year Built 1940
Stories 1
Levels One
Gross Income 0
County Lincoln County TN
Net Operating Income 0
Operating Expense 0
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Status Active
Directions FROM FAYETTEVILLE SQUARE GO EAST ON MULBERRY AVE TURN RIGHT ON ADAMS STREET
High School Fayetteville High School
City Fayetteville
NumberOfUnitsTotal 2
Lot Size Units Acres
Waterfront Y/N N
Carport Spaces 1
Carport Y/N Y
Elementary School Ralph Askins School
Property Attached Y/N Y
Year Built Details EXIST
Tax Annual Amount 1485
Middle/Junior High School Fayetteville Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 1775
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2230
Laundry Features Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Attached
Water Source Public
Total Parking 1
Inclusions NOFUR
Building Area Total 2230
Lot Dimensions 109 X 150 M IRR
Covered Spaces 1
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Cumberland Real Estate Llc

Broker

ctarsh@realtracs.com

Email

Affordability Calculator

$1,607
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,483
Monthly Property Taxes
$124
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
1790143 Elementary School
4313853 Middle School
Fayetteville High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2024$247,700 Listed Price

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502 Adams St, Fayetteville, TN, 37334 is a Multi-Family Home for sale at $247,700 with 2,230 sqft. 502 Adams St has 4 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 37334 which is in Fayetteville, TN