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406 Hedgemont Ave, Fayetteville, TN 37334

$584,900
  • 406 Hedgemont Ave, Fayetteville, TN 37334 Main Photo

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New to the Market Active
BEDS9 BATHS6 full SQUARE FEET3,300 MLS#3243401
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Investment opportunity meets modern living in the heart of Fayetteville! Built in 2023, this exceptional triplex offers the perfect blend of immediate cash flow and owner-occupant flexibility. Whether you're looking to expand your real estate portfolio or take advantage of a house-hacking opportunity, this property delivers. One unit is vacant and move-in ready, allowing you to live on-site while generating rental income from the two occupied units - or lease the third unit and maximize your returns from day one. Each of the three units features approximately 1,100 square feet of thoughtfully designed living space with 3 bedrooms and 2 bathrooms. All appliances remain, including the stove, microwave, refrigerator, and washer/dryer combo, making this a truly turnkey investment. Situated on a 0.24-acre lot, each unit enjoys access to green space in the backyard, providing tenants and owners alike with room to relax and enjoy the outdoors. Convenience is key, with two dedicated driveway parking spaces per unit and a prime location within walking distance of downtown Fayetteville, schools, parks, shopping, dining, and everyday amenities. Only 45 minutes to Huntsville, Tullahoma, NASA Marshall Space Flight Center and Arnold AFB. Opportunities to own a newer construction multi-family property with established rental income and owner-occupant potential are incredibly rare. Don't miss your chance to own this modern, income-producing triplex in one of Fayetteville's most desirable locations! **Special Financing** 3.5% FHA or 5% Conventional Down payment minimum requirements are available while having tenant occupied units contribute toward your DTI as Qualifying Income. Have tenants pay your mortgage while building equity, and still have a private 3 bed 2 bath home. DSCR and Other Investment Loans are also available. See listing agent for details!

406 Hedgemont Ave | MLS# 3243401

This single family home located at 406 Hedgemont Ave, Fayetteville, TN 37334 is currently listed for sale with an asking price of $584,900. This property was built in 2023 and has 9 bedrooms and 6 full baths with 3300 sq. ft. Search Fayetteville real estate on rubyross.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Home Style: Traditional
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,250
Year Built: 2023

Amenities

Ceiling Fan(s)

Feature Descriptions

Appliances: Electric Oven, Electric Range, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Days on Site: 1
Exterior: Vinyl Siding
Flooring: Vinyl
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 75 X 140.5 M IRR
Parcel#: 079L A 01400 000
Parking: Concrete, Driveway
Parking Notes: Concrete, Driveway
Patio/Porch: Patio
Security: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Water: Public

Room Sizes

Bedroom 1: 8x9
Bedroom 2: 12x12
Bedroom 3: 15x11
Dining Room: 6x10
Kitchen: 9x10
Living Room: 15x12

Local Schools

High School: Fayetteville High School
Middle School: Fayetteville Middle School
Elementary School: Ralph Askins School

Listed By / Shown By

Listed By

Agency Name: Elam Real Estate
Agency Phone: 6158901222

Shown By

Agent Name: Ruby Ross
Agent Phone: (615) 479-4719
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

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Estimated Payment

$ 1,743.16 per month $1,301.73 Principal & Interest $270.83 Property Tax $170.60 Homeowner's Insurance

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