TN > Fayetteville > Lincoln Addn
Fayetteville, TN 37334,1202 McDonald St
Fayetteville, TN 37334,1202 McDonald St
Fayetteville, TN 37334,1202 McDonald St
35
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Listed by Steve Ross • Scout Realty
$225,000
Est. payment /mo
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1,826 SqFt
Active

1202 McDonald St Fayetteville, TN 37334

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Jessie Tigges

Jessie Tigges

+1(303) 319-3617

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,826 sqft

Price per Sqft $123

Subdivision Lincoln Addn

MLS Listing ID 2925895

HOA Y/N No

Year Built 2024

Annual Tax Amount $446

Lot Dimensions 65 X 150 IRR

Property Description

Seller says lets make a deal! Don't miss out on this brand new duplex, which offers modern living with an open floor concept, seamlessly blending the living, dining, and kitchen areas for a spacious feel. Each unit features two bedrooms, with adjoining full baths and a half bath downstairs. Each unit offers a fully equipped kitchen with appliances, modern cabinetry and hard surface counter tops. Designed for comfort and convenience, this home boasts stylish finishes, ample natural light, and efficient use of space. This is an excellent investment opportunity, which allows you to live in one unit while renting out the other (potentially rent the other unit for $1,250/month)—helping offset mortgage costs by more than half, and build equity faster. Enjoy the benefits of homeownership with additional rental income, making this property ideal for first-time buyers, downsizers, or investors looking for a smart financial move.

Investors - this has the chance to be a packaged deal with the SFH located just behind duplex at 1200 McDonald St. (MLS - 2925885) boasting a gross CAP Rate around 11%, and brand new, long term rental use investment. This also fits within the 1% investment rule strategy too ($2,5000/month at $225K PP).

Location

State TN

County Lincoln County

Zoning Res

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Laminate

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Asphalt

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction true

Schools

Elementary Schools Ralph Askins School

Middle Schools Fayetteville Middle School

High Schools Fayetteville High School

Others

Senior Community false

Special Listing Condition Standard

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Jessie Tigges

Agent | License ID: 380349

+1(303) 319-3617

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1202 McDonald St