172 Park Cir, Old Hickory, TN 37138
172 Park Cir, Old Hickory, TN 37138
172 Park Cir, Old Hickory, TN 37138
172 Park Cir, Old Hickory, TN 37138
172 Park Cir, Old Hickory, TN 37138
172 Park Cir, Old Hickory, TN 37138

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
Listed by Michele Mazzu • Crye-Leike Music City
$ 368,000
Est. payment | /mo

3 Beds

2 Baths

3,256 SqFt


Save
$ 368,000
Est. payment | /mo
Save

3 Beds

2 Baths

3,256 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,256 sqft

Price per Sqft $113

Subdivision L & C Ins

MLS Listing ID 3627804

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1945

Annual Tax Amount $4,613

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 75 X 171

Property Sub-Type Single Family Residence

Property Description

What if your next home came with three existing rental income streams? This unique Old Hickory property offers the opportunity to live in a spacious 1940s bungalow while collecting rent from three additional living spaces, all just minutes from Old Hickory Lake recreation and convenient to downtown Nashville.

The main house offers approximately 1,948 square feet with three bedrooms, one-and-a-half baths, a living room, separate dining room, spacious eat-in kitchen, laundry/mudroom, and a cozy wood-paneled den with a fireplace. A basement adds storage and possibilities. The bungalow retains its vintage character but needs updating, but could be lived in while renovating. This is an opportunity for someone with vision.

Upstairs, a studio apartment features hardwood floors, a full bathroom, and its own exterior entrance. Behind the bungalow, a detached cinder-block duplex provides two additional one-bedroom, one-bath apartments, including one recently renovated unit with updated cabinetry, appliances, flooring, bathroom, and mini-split system.

All three additional living spaces are currently rented, generating a combined $2,890 per month, or $34,680 in annualized gross rental income at current rates.

Enjoy nearby Old Hickory Lake, marinas, boating, fishing, and recreation, along with the charm of historic Old Hickory Village and convenient access to downtown Nashville. Live in the main house while collecting rental income, or explore the possibilities of a long-term investment. A distinctive property with space, income, and potential. Selling as-is. Buyer to verify square footage, rental information, and permitted uses.

Location

State TN

County Davidson County

Rooms

Main Level Bedrooms 3

Interior

Heating Central, Other

Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s)

Flooring Carpet, Wood, Luxury Vinyl, Tile, Vinyl

Fireplace N

Appliance Built-In Electric Oven, Refrigerator

Exterior

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

Elementary Schools Dupont Elementary

Middle Schools Dupont Hadley Middle

High Schools Mcgavock Comp High School

Others

Senior Community false

Special Listing Condition Standard

RealTracs IDX

NEARBY SCHOOLS & PROPERTIES

Go tour this home

172 Park Cir