507 E Stevens St, Cookeville, TN 38501

$369,929
6
BD
3
BA
2,278
SqFt

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List Price
$369,929
MLS#
1330603
Status
PENDING
Type
Single Family Residential
City
Cookeville
County
Putnam
Bedrooms
6
Bathrooms
3
Baths Full
3
Living Area
2,278
Year Built
1940

Property Description

Multiple units in one! 507 & 509 E Stevens Street present a rare opportunity to acquire a fully renovated multi-unit investment property in one of the city's most desirable locations. Situated in the Capshaw school zone, the property consists of a 3-bedroom, 1-bath single-family home (1,192 SF) and a separate two-unit structure featuring a 1 bed, 1 bath unit and a 2 bed, 1 bath unit (768 SF each). The property is grandfathered as multi-unit under RS-15 zoning and benefits from strong rental demand due to its location. All units underwent comprehensive renovations in 2022, including new HVACs, plumbing & sewer replacement, new water heaters, updated electrical components, new windows & doors, new flooring, fully remodeled bathrooms, new cabinets & countertops, new appliances, fresh trim and paint, and much more. This property offers predictable cash flow and long-term stability, making it ideal for investors and homeowners alike. 13 month home warranty for peace of mind.

Additional Information

Acres
0.43
Appliances
Range, Refrigerator
Construction
Block, Frame, Vinyl Siding
Cooling
Central Air
Floors
Tile, Vinyl
Garage
None
Living Area
2,278
Lot Description
Irregular Lot
Lot Dimensions
95x200
Style
Other
View
Other
Year Built
1940
Heating
Central, Electric
Num Of Rooms
9
Hoa
No
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Agent: Heather Skender-Newton |

Office: Skender-Newton Realty |