4252 Woods St Old Hickory, TN 37138

Listing details for 4252 Woods St, Old Hickory, TN 37138 : Investment opportunity for rental income property with redevelopment potential - two adjacent parcels with R8 zoning and 185ft of total frontage to be sold together - 4252 & 4254 Woods St. Combined acreage of approximately 1.55 acres. The R8 zoning stipulates a minimum of 8,000 sqft lot per dwelling and is intended for single and two-family dwellings. Similar nearby R8 lots have been redeveloped as HPR condos with ~50ft of frontage per lot. Developing in depth on the combined lots may unlock the potential for even more units - by acreage and zoning it could allow for as many as 8 duplex units. Long term tenants occupy each house. The purchaser has the option to terminate each lease by giving 60 days prior written notice. Long term tenants occupy each house. The purchaser has the option to terminate each lease by giving 60 days prior written notice.