Madison, TN 37115,116 Margaret St
Madison, TN 37115,116 Margaret St
Madison, TN 37115,116 Margaret St
Madison, TN 37115,116 Margaret St
Madison, TN 37115,116 Margaret St
Madison, TN 37115,116 Margaret St
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Listed by Rachael Kimbler • Compass RE

$285,000

$295,000

3.4%
Est.Price: ?

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Est. payment /mo

1,572 SqFt


SOLD DATE : 03/19/2025

Key Details

Sold Price $285,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,572 sqft

Price per Sqft $181

Subdivision B H & M Franklin

MLS Listing ID 2787825

Sold Date 03/19/25

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, 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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