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Listed by Heather Skender-Newton • Skender-Newton Realty
$ 369,929
Est. payment /mo
Active
507 Stevens St #E Cookeville, TN 38501
2,728 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,728 sqft
Price per Sqft $135
MLS Listing ID 3135681
HOA Y/N No
Year Built 1940
Annual Tax Amount $1,730
Property Description
Multiple units in one! 507 & 509 E Stevens Street present a rare opportunity to acquire a fully renovated multi-unit investment property in one of the city's most desirable locations. Situated in the Capshaw school zone, the property consists of a 3-bedroom, 1-bath single-family home (1,192 SF) and a separate two-unit structure featuring a 1 bed, 1 bath unit and a 2 bed, 1 bath unit (768 SF each). The property is grandfathered as multi-unit under RS-15 zoning and benefits from strong rental demand due to its location. All units underwent comprehensive renovations in 2022, including new HVACs, plumbing & sewer replacement, new water heaters, updated electrical components, new windows & doors, new flooring, fully remodeled bathrooms, new cabinets & countertops, new appliances, fresh trim and paint, and much more. This property offers predictable cash flow and long-term stability, making it ideal for investors and homeowners alike. 13 month home warranty for peace of mind.
Location
State TN
County Putnam County
Zoning RES
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding,Vinyl Siding
New Construction false
Schools
Elementary Schools Capshaw Elementary
Middle Schools Avery Trace Middle School
High Schools Cookeville High School
Others
Senior Community false
Special Listing Condition Standard
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