806 N Cumberland St, Lebanon, TN 37087

$2,799,000
26,172
SqFt

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List Price
$2,799,000
MLS#
2885133
Days on Market
423
Property Type
Multifamily
Sqft. of Residence
26,172
County
Wilson County
Status
UNDER CONTRACT - NOT SHOWING

Property Description

Tremendous opportunity in this value add property. All units have been recently renovated, rented well below market rates. Opportunity to convert onside office into an additional 1 bedroom unit. Laundry facility could be utilized for additional income. Lebanon, TN is one of the fastest growing cities in the United States. Assumable 3.37% loan. 17 One Bedroom Units(office conversion would make 18); 10 Two Bedroom Units

Additional Information

Construction Type
Brick
Cooling System
Electric, Wall/Window Unit(s)
Elementary School
Coles Ferry Elementary
Floor Types
Laminate
Heating System
Electric
High School
Lebanon High School
Junior High School
Walter J. Baird Middle School
Laundry
Share
Living Area
26,172
Lot Dimensions
1.28
Number Of Stories
2
Roofing Material
Membrane
Sewer System
Public Sewer
Subdivision
Cumberland Hills Apartments
Tax Amount
$7,699
Water Source
Public
Year Built
1966
Zoning
CG
Type
Multifamily

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Parrish & Associates.

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