406 Hedgemont Ave, Fayetteville, TN 37334
406 Hedgemont Ave, Fayetteville, TN 37334,Video Tour
406 Hedgemont Ave, Fayetteville, TN 37334
50
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Listed by Kevin Rose • Elam Real Estate
$549,900
Est. payment /mo
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9 Beds
6 Baths
3,300 SqFt
Active

406 Hedgemont Ave Fayetteville, TN 37334

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MK Hughes

MK Hughes

+1(615) 788-1932

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $166

MLS Listing ID 3243401

Bedrooms 9

Full Baths 6

HOA Y/N No

Year Built 2023

Annual Tax Amount $3,250

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 75 X 140.5 M IRR

Property Sub-Type Single Family Residence

Property Description

Investment opportunity meets modern living in the heart of Fayetteville! Built in 2023, this exceptional triplex offers the perfect blend of immediate cash flow and owner-occupant flexibility. Whether you're looking to expand your real estate portfolio or take advantage of a house-hacking opportunity, this property delivers. One unit is vacant and move-in ready, allowing you to live on-site while generating rental income from the two occupied units - or lease the third unit and maximize your returns from day one. Each of the three units features approximately 1,100 square feet of thoughtfully designed living space with 3 bedrooms and 2 bathrooms. All appliances remain, including the stove, microwave, refrigerator, and washer/dryer combo, making this a truly turnkey investment. Situated on a 0.24-acre lot, each unit enjoys access to green space in the backyard, providing tenants and owners alike with room to relax and enjoy the outdoors. Convenience is key, with two dedicated driveway parking spaces per unit and a prime location within walking distance of downtown Fayetteville, schools, parks, shopping, dining, and everyday amenities. Only 45 minutes to Huntsville, Tullahoma, NASA Marshall Space Flight Center and Arnold AFB. Opportunities to own a newer construction multi-family property with established rental income and owner-occupant potential are incredibly rare. Don't miss your chance to own this modern, income-producing triplex in one of Fayetteville's most desirable locations! **Special Financing** 3.5% FHA or 5% Conventional Down payment minimum requirements are available while having tenant occupied units contribute toward your DTI as Qualifying Income. Have tenants pay your mortgage while building equity, and still have a private 3 bed 2 bath home. DSCR and Other Investment Loans are also available. See listing agent for details!

Location

State TN

County Lincoln County

Rooms

Main Level Bedrooms 9

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Vinyl

Fireplace N

Appliance Electric Oven, Electric Range, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Shingle

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Ralph Askins School

Middle Schools Fayetteville Middle School

High Schools Fayetteville High School

Others

Senior Community false

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/51c88f1a-b8c8-438a-945a-7d0a8e0edaf4?wl=true&setAttribution=mls&initialViewType=pano

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To say MK went above and beyond is a understatement. We drove over 300 miles in the only 2 days we had to look for homes. When a seller failed to disclose extremely important information until 2days prior to closing she fought for me. To say that she was relentless in searching, again is a understatement. Words cannot express how grateful I am to her and the team that backs her behind the scenes. There isn’t a high enough star rating to give MK and her team, we were beyond blessed to have her work/fight for us.

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MK Hughes

MK Hughes

Agent License ID: 341737

+1(615) 788-1932

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406 Hedgemont Ave