946 Greenwood Ave, Clarksville, TN 37040

$199,900
4
BD
2
BA
2,200
SqFt

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List Price
$199,900
Status
ACTIVE
MLS#
3611522
Days on Market
0
Bedrooms
4
Bathrooms
2
Full Bathrooms
2
Living Area
2,200
Lot Size
19,166
Acres
0.44
County
Montgomery County

Property Description

Under $200K with income-producing potential! This unique Clarksville property offers a great opportunity for an experienced investor or investment-minded buyer looking to build equity while generating rental income. The upper level is livable or rent-ready as-is, while still offering plenty of opportunity for future customization. It features 2 spacious bedrooms, 1 full bath, updated LVP flooring, a cozy fireplace, beautifully maintained original hardwood cabinetry, and charming vintage pink tile that adds character. New window cooling units provide added comfort. The opportunity continues downstairs with approximately 1,100 sq. ft. of basement space already equipped with electricity, water, and a bathroom. The basement needs finishing work, but offers excellent potential for additional living space or a second unit. Finish it out and explore the possibility of living in one level while renting the other, creating a multi-generational setup, or maximizing the property's income-producing potential. Outside, a large, tree-lined backyard provides privacy and plenty of room for entertaining, gardening, or relaxing. A new roof installed in 2023 adds peace of mind. Conveniently located in Clarksville with easy access to shopping, dining, schools, major roadways, and area employers. With an upper level that can be occupied or rented now and a lower level ready for improvement, this property offers a compelling combination of immediate usability, future upside, and investment potential.

Additional Information

Basement Description
Finished, Full, Unfinished
Bedrooms Main
2
Construction Type
Brick
Cooling System
Electric, Wall/Window Unit(s)
Elementary School
Barksdale Elementary
Fence Type
Partial
Floor Types
Other
Heating System
Electric
High School
Clarksville High
Junior High School
Richview Middle
Laundry
Electric Dryer Hookup, Washer Hookup
Living Area
2,200
Lot Description
Wooded
Number Of Fireplaces
1
Number Of Stories
1
Roofing Material
Shingle
Sewer System
Public Sewer
Subdivision
Pettus Thorpe & Shel
Subtype
Single Family Residence
Tax Amount
$1,482
Water Source
Public
Year Built
1958
Type
Single Family Residential

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Calculator source: Real Geeks

Listing courtesy of Mark Spain Real Estate.

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