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Listed by Tyler C. King • Synergy Realty Network, LLC
$819,900
Est. payment /mo
2,541 SqFt
Active
1507 Russell St Nashville, TN 37206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,541 sqft
Price per Sqft $322
Subdivision Lindsley Home Place
MLS Listing ID 3529683
HOA Y/N No
Year Built 1910
Annual Tax Amount $9,048
Lot Dimensions 50 X 160
Property Description
Great location in Lockeland Springs near Five Points! Remarkable versatility for homeowners, developers, and investors alike. Live in one side and rent out the other (Potential for Fannie Mae loan: allows a minimum 5% down payment for owner-occupied 2–4 unit duplexes, a change designed to assist first-time homebuyers and house-hackers. This policy applies to standard conventional loans, offering a significant reduction from the previous 15–25% requirement, provided the buyer lives in one unit. Requirements - Occupancy: The duplex must be owner-occupied (you live in one unit). Down Payment: Minimum 5% down payment required. Buyer to verify Fannie requirements.) or convert into single family home. Selling as-is. Disclosures in media section.
Location
State TN
County Davidson County
Zoning R6
Interior
Heating Central
Cooling Central Air
Flooring Wood, Tile
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Hardboard Siding
New Construction false
Schools
Elementary Schools Warner Elementary Enhanced Option
Middle Schools Stratford Stem Magnet School Lower Campus
High Schools Stratford Stem Magnet School Upper Campus
Others
Senior Community false
Special Listing Condition Standard
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