9
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Listed by Brett Mansfield • Reliant Realty ERA Powered
$569,000
Est. payment /mo
8,216 SqFt
Active
206 Edison St #W Fayetteville, TN 37334
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,216 sqft
Price per Sqft $69
Subdivision Downtown Fayetteville
MLS Listing ID 3002432
HOA Y/N No
Year Built 1930
Annual Tax Amount $1,932
Lot Dimensions 92 X 89
Property Description
Prime investment opportunity in the heart of downtown Fayetteville, this fully occupied seven-unit apartment complex features all one-bedroom units that have been recently updated for strong tenant appeal. The property offers stable cash flow today with clear upside potential, as the lower level includes a former laundromat space that presents a value-add opportunity for additional income or conversion to alternative uses. With its central location, modern updates, and built-in growth potential, this property is well positioned for both steady returns and long-term appreciation.
Location
State TN
County Lincoln County
Zoning C1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N true
View City
Roof Type Metal
Private Pool false
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
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 Owner Agent
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