This 3-bedroom, 1-bathroom investment property spans 1,008 square feet across two adjacent parcels totaling 1.55 acres in Old Hickory, Tennessee. Built in 1965, the dual-lot offering at 4252 and 4254 Woods Street features R8 zoning with 185 feet of combined frontage and long-term tenants currently occupying each house. The property presents significant redevelopment potential for investors. R8 zoning allows minimum…
The Story
4252 Woods St, Old Hickory, Tn 37138
This 3-bedroom, 1-bathroom investment property spans 1,008 square feet across two adjacent parcels totaling 1.55 acres in Old Hickory, Tennessee. Built in 1965, the dual-lot offering at 4252 and 4254 Woods Street features R8 zoning with 185 feet of combined frontage and long-term tenants currently occupying each house.
The property presents significant redevelopment potential for investors. R8 zoning allows minimum 8,000 square foot lots per dwelling unit, and the combined acreage could support up to 8 duplex units based on current zoning parameters. Similar nearby R8 properties have been successfully redeveloped as HPR condos. New ownership can terminate existing leases with 60 days written notice, providing flexibility for repositioning or development strategies.
This is an ideal opportunity for investors seeking rental income with substantial upside through strategic redevelopment in an established Tennessee market.
Facts & Features
Property Info
Price
$750,000
Completion Year
1,965
Living Space
1,008 sq ft
Bedrooms
3
Bathrooms
1
Lot size
1.55 acres
Features & Amenities
Garden
Lush greenery that creates calm surroundings and natural shade.
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