TN > Lyles > Milton Brooks
Lyles, TN 37098,6966 Park Dr
Lyles, TN 37098,6966 Park Dr
Lyles, TN 37098,6966 Park Dr
Lyles, TN 37098,6966 Park Dr
Lyles, TN 37098,6966 Park Dr
Lyles, TN 37098,6966 Park Dr
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John York

John York

+1(615) 972-3130
Listed by Kaysie Banville • Keller Williams Realty Nashville/Franklin
$ 559,900
Est. payment | /mo

4,640 SqFt

Save
$ 559,900
Est. payment | /mo
Save

4,640 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,640 sqft

Price per Sqft $120

Subdivision Milton Brooks

MLS Listing ID 2780457

HOA Y/N No

Year Built 1994

Annual Tax Amount $644

Lot Dimensions 114X200

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.

Location

State TN

County Hickman County

Zoning NA

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Story 1

Sewer Septic Tank

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools East Hickman Elementary

Middle Schools East Hickman Middle School

High Schools East Hickman High School

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6966 Park Dr