4252 Woods St, Old Hickory, TN 37138

$350,000
3
BD
1
BA
1,008
SqFt

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List Price
$350,000
Status
ACTIVE
Days on Market
1
MLS#
3547125
Subtype
Residential
Year Built
1965
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,008
Lot Size
67,518
Acres
1.55
Subdivision
Berryville

Property Description

Investment opportunity for a rental income property with redevelopment potential. Two adjacent parcels at 4252 & 4254 Woods St, zoned R8, with 185 ft of combined frontage and approximately 1.55 acres total. Available for $675,000 for both parcels together, or $350,000 each if sold separately. 4254 Woods St is 1,234 sq ft. Long-term tenants currently occupy both homes. The purchaser has the option to terminate each lease by giving 60 days' prior written notice. R8 zoning requires a minimum of 8,000 sq ft per dwelling and permits single and two-family homes. Similar R8 lots nearby have been redeveloped into HPR condos with roughly 50 ft of frontage per lot. Developing the two parcels together, rather than separately, may unlock additional density: by acreage and zoning, the combined site could support as many as 8 duplex units.

Additional Information

Exterior Construction
Vinyl Siding
Stories
1
Parking Features
Attached
Elementary School
Andrew Jackson Elementary
Middle School
DuPont Hadley Middle
High School
McGavock Comp High School

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Calculator source: Real Geeks

Listing courtesy of WEICHERT, REALTORS - The Andrews Group.

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