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6966 Park Dr

Lyles, TN 37098
  • $600,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: RTC2780457
$600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,640
    SQFT
  • $129
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1994
County:

School Information

Elementary School:

Description

This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Real Broker, (615) 760-5393). IDX information © 2025 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Real Broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-14T00:05:54.157.

Based on information submitted to the MLS GRID as of 2025-02-14T00:05:54.157. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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www.nashvilleonthemove.com/homes/159606788
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6966 Park Dr Lyles, TN 37098

  • Price: $600,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: RTC2780457
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,640
SQFT
$129
$/SQFT
1994
Built
Neighborhood:
Milton Brooks
County:
Hickman
Elementary School:
East Hickman Elementary
Middle School:
East Hickman Middle School
High School:
East Hickman High School
Property Description
This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Levels One Lot Size Dimensions 114X200 Parking Total 0 View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 4640 Cooling Central Air Cooling YN Yes Fireplace YN No Flooring Vinyl Heating Central Heating YN Yes

Property Features

Association YN No Building Area Total 4640 Gross Income 33600 Inclusions NEGOT Laundry Features IndividualElectric Dryer Hookup Net Operating Income 12300 New Construction YN No Operating Expense 21300 Owner Pays ElectricityGasWater Pool Private YN No Property Attached YN Yes Sewer Septic Tank Special Listing Conditions Standard Stories 1 Tax Annual Amount 644 Total Actual Rent 6400 Water Source Public Year Built Details EXIST Zoning NA

Realtracs Solutions logo Offered by Keller Williams Realty Nashville/Franklin: 6153930018. Copyright 2025 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Real Broker, (615) 760-5393). IDX information © 2025 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Real Broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-14T00:05:54.157.

Based on information submitted to the MLS GRID as of 2025-02-14T00:05:54.157. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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