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Listed by Rachael Kimbler • Compass RE
$295,000
Est. payment /mo
1,572 SqFt
Active Under Contract
116 Margaret St Madison, TN 37115
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UPDATED:
02/09/2025 08:22 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,572 sqft
Price per Sqft $187
Subdivision B H & M Franklin
MLS Listing ID 2787825
HOA Y/N No
Year Built 1959
Annual Tax Amount $2,604
Lot Dimensions 100 X 150
Property Description
Welcome to 116 Margaret Street, a versatile duplex located on a cul-de-sac in the vibrant community of Madison, TN. This two-unit 1,572-square-foot property presents a unique opportunity for savvy investors or those seeking a house-hacking strategy by living in one unit and renting the other. With two bedrooms and one bath on each side, this home offers ample space and flexibility. Outside, a generous driveway provides plenty of parking space for each side. Madison's ongoing revitalization, highlighted by the groundbreaking of Madison Station later this year, positions this property as an attractive investment. Secure your piece of Madison now, while prices remain accessible, and watch as the surrounding area flourishes with new developments and community improvements. Don't miss out on this prime opportunity to own a property with endless potential. Multiple offers received.
Location
State TN
County Davidson County
Zoning RS5
Interior
Heating Radiant
Cooling Wall/Window Unit(s)
Flooring Carpet, Finished Wood, Laminate
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Metal
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Stratton Elementary
Middle Schools Madison Middle
High Schools Hunters Lane Comp High School
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