6966 Park Dr, Lyles, TN 37098 (MLS # 2812065)

Price $499,900
Status Active
Beds 0
Baths 0 Bath
Home size 4,640 sqft
Lot Size n/a
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.
Property Type(s): Multi Family
Last Updated 4/1/2025 Tract Milton Brooks
Year Built 1994 County Hickman

SCHOOLS

Elementary School East Hickman Elementary
Jr. High School East Hickman Middle School
High School East Hickman High School

Additional Details

AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Vinyl Siding
HEAT Central
LOT 0
LOT DIMENSIONS 114X200
SEWER Septic Tank
STORIES 1
SUBDIVISION Milton Brooks
TAXES 644
UTILITIES Water Available
WATER Public
ZONING NA

Location

Listed with Keller Williams Realty Nashville/Franklin

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