316 Hobbs Ave

Lebanon, TN 37087
$210,000
  • Area 832 sq ft
  • Bedrooms 2
  • Bathrooms 1

Description

This property presents an excellent investment opportunity! With the potential for high density multifamily or up to 8 units MAX on a 0. 41- acre lot, it’s located in a highly desirable area close to Cumberland University, the Historic Town Square, shopping, dining, and more. ( All measurements are approx recommend survey. ) The existing single- family home has been generating rental income ($ 850/ month) until November. It' s already connected to all city utilities, and is apart of the infill overlay. Great opportunity for a college rental or more!

Details

  • MLS#: 2778174
  • County: Wilson County, TN
  • Subd: Cartmell & Styles
  • Stories: 1.00
  • Full Baths: 1
  • Bedrooms: 2
  • Built: 1943 / EXIST
  • Lot Size: 0.410 ac

Utilities

  • Water: Public
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central

Public Schools

  • Elementary: Byars Dowdy Elementary
  • Middle/Junior: Winfree Bryant Middle School
  • High: Lebanon High School

Property Information

  • Constr: Asbestos
  • Floors: Laminate
  • Garage: No
  • Basement: Crawl Space
  • Waterfront: No
  • Taxes: $1,124

Appliances/Misc.

  • Fireplaces: No
  • Drapes: Remain

Features

    Directions

    I-40 to Lebanon, Exit Hwy 231 and Go North, Turn Left on Leeville Pike, Turn Left on South Maple, Turn Right on Hobbs Blue house on Left

    Listing Agency

    • Castle Heights Realty
    • Agent: Keandric Verge
    Information is Believed To Be Accurate But Not Guaranteed
    Copyright 2025 RealTracs Solutions. All rights reserved.