507 E Stevens St
Cookeville, TN 38501 · Putnam County
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About this property
Multiple units in one! 507 & 509 E Stevens Street present a rare opportunity to acquire a fully renovated multi-unit investment property in one of the city's most desirable locations. Situated in the Capshaw school zone, the property consists of a 3-bedroom, 1-bath single-family home (1,192 SF) and a separate two-unit structure featuring a 1 bed, 1 bath unit and a 2 bed, 1 bath unit (768 SF each). The property is grandfathered as multi-unit under RS-15 zoning and benefits from strong rental demand due to its location. All units underwent comprehensive renovations in 2022, including new HVACs, plumbing & sewer replacement, new water heaters, updated electrical components, new windows & doors, new flooring, fully remodeled bathrooms, new cabinets & countertops, new appliances, fresh trim and paint, and much more. This property offers predictable cash flow and long-term stability, making it ideal for investors and homeowners alike. 13 month home warranty for peace of mind.
Facts & features
Overview
- Type
- Residential · Single Family Residence
- Style
- Ranch
- Tax jurisdiction
- City limits
- HOA
- None
- Year built
- 1940
- Price / sq ft
- $162
Show all facts & features Show less
Interior
- Bath detail
- 3 full
- Building area
- 2,278 sq ft
- Basement / foundation
- Crawl Space, Slab
Lot & exterior
- Lot size
- 0.43 acres
Views
Listing details
- MLS #
- 1330603
- Status
- Pending
- Days on market
- 160 days
Location
507 E Stevens St, Cookeville, TN 38501 Putnam County Open in MapsSimilar homes nearby
Listing courtesy of Skender-Newton Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.
