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Listed by Brett Mansfield • Reliant Realty ERA Powered
$ 449,000
Est. payment /mo
Active
206 Edison St #W Fayetteville, TN 37334
6,478 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,478 sqft
Price per Sqft $69
Subdivision Downtown Fayetteville
MLS Listing ID 3184088
Year Built 1930
Annual Tax Amount $1,932
Lot Dimensions 92 X 89
Property Description
Prime investment opportunity in the heart of downtown Fayetteville, this fully occupied seven-unit apartment complex features all one-bedroom units that have been recently updated for strong tenant appeal. The property offers stable cash flow today with clear upside potential, as the lower level includes a former laundromat space that presents a value-add opportunity for additional income or conversion to alternative uses. With its central location, modern updates, and built-in growth potential, this property is well positioned for both steady returns and long-term appreciation.
Location
State TN
County Lincoln County
Zoning C1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N true
View City
Roof Type Metal
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction false
Schools
Elementary Schools Ralph Askins School
Middle Schools Fayetteville Middle School
High Schools Fayetteville High School
