1507 Russell St, Nashville, TN 37206
- $819,900
- 2,541
- SqFt
- List Price
- $819,900
- MLS#
- 3529683
- Days on Market
- 1
- Property Type
- Multifamily
- Sqft. of Residence
- 2,541
- County
- Davidson County
- Status
- ACTIVE
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.
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Additional Information
- Construction Type
- Hardboard Siding
- Cooling System
- Central Air
- Elementary School
- Warner Elementary Enhanced Option
- Floor Types
- Wood, Tile
- Heating System
- Central
- High School
- Stratford STEM Magnet School Upper Campus
- Junior High School
- Stratford STEM Magnet School Lower Campus
- Living Area
- 2,541
- Lot Dimensions
- 50 X 160
- Number Of Stories
- 2
- Sewer System
- Public Sewer
- Subdivision
- Lindsley Home Place
- Tax Amount
- $9,048
- Water Source
- Public
- Year Built
- 1910
- Zoning
- R6
- Type
- Multifamily
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Listing courtesy of Synergy Realty Network, LLC.
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