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505 W Spring St, Lebanon, TN, 37087

3beds
4baths
3,178sqft
$555,900
$175price/sqft
$3,476/moest. monthly cost
$139,040/yrincome needed

About This Home

Attention Investors!!! Value-add 5-unit multifamily investment in Lebanon, TN offering strong income potential.. Wonderful opportunity to own a 5 unit rental in historic Lebanon TN. Great location right down the street from Cumberland University.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

6/10
Byars Dowdy Elementary SchoolGrades PK-50.9 mi
6/10
Winfree Bryant Middle SchoolGrades 6-81.1 mi

Construction

Condition

  • Year built: 1949

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4

Features

  • Flooring: Laminate,Vinyl
  • Finished area above ground: 3,178

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Electric,Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,178
  • Total interior livable area: 3,178 sqft

Property

Details

  • Parcel number: 068F C 02200 000
  • Attached to another structure: Yes
  • Zoning: Commercial
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 2

Lot

  • Lot size: 9,951 sqft
  • Lot size dimensions: 93 x 107 M IRR

Parking

  • Total spaces: 8
  • Parking features: Attached,Gravel
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7
  • Carport: Yes
  • Carport spaces: 1