Bought with Tiffany S. Cope, Vice Pres., CRS
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901 Winchester Hwy Fayetteville, TN 37334
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Key Details
Sold Price $526,250
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,873 sqft
Price per Sqft $135
MLS Listing ID 2866787
Sold Date 11/13/25
HOA Y/N No
Year Built 1940
Annual Tax Amount $3,285
Property Description
Take a look at this 7-unit multifamily property situated in the heart of Fayetteville, TN! This property is positioned just minutes from the Fayetteville square and is in close proximity to various banks, shopping centers, restaurants, and medical facilities. This complex consists of 6 buildings, featuring 5 one-bedroom/one-bath units and 2 two-bedroom/one-bath units. While the units were vacated for renovations, the owner has temporarily halted the process for personal reasons. This presents a remarkable opportunity for an investor to step in and complete the renovations, preparing the units to rent or sale. This purchase price allows any prospective buyer to gain instant equity, bring your offers! This is a full remodel. There is an additional 5 downstairs units plus a basement, they are currently in a flood plain but are in the process of being zoned out.
Location
State TN
County Lincoln County
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Natural Gas Available, Water Available
View Y/N false
Roof Type Metal
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
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
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