314 Hobbs Ave, Lebanon, TN 37087

$460,000 Asking Price

4 beds
2 baths
1,848  sqft
Built in 1943

Duplex in the middle of Lebanon, TN in walking distance of Cumberland University! Units are renovated and 2 story both offering 2 bd/ 1 ba. One side was getting $1500 a month the other side is at $1350 per month. The units currently have great tenants, so please don't disturb them. According to the city you can add another unit to the duplex, and a new build duplex onto the lot totaling to 5 units. Great opportunity for an investor! Motivated seller!

Features & Amenities

Interior

Appliances:
Electric Oven, Electric Range
Basement:
Other
Flooring:
Laminate
A/C:
true, Ceiling Fan(s), Central Air
Heating:
true, Central

Exterior

Parking:
Parking spaces: 0

Construction

General:
One

Location

Originating MLS:
realtrac
County:
Wilson County, TN

Lot

Zoning:
068N D 00500 000

Utilities

Utilities:
Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
realtrac

This listing courtesy of:
Castle Heights Realty, Keandric Verge

About Lebanon, TN

Housing

Number of Units
29,025
Median Home Value
$268,948
Median Rent
$838

29.48% of housing units are renter occupied.

5.93% are vacant.

Commute

Car
74.36%
Public Transportation
0.39%
Walk to Work
0.65%
Work from Home
23.84%
Other
0.73%

The median travel time to work is 22 minutes.

People

Population
70,592
Median Age
40.00
Median Household Size
2.93

Education

High School
32.20%
Associate’s Degree
8.07%
Bachelor’s Degree
20.40%
Graduate Degree
9.03%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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