1229 Cheyenne CtMadison, TN 37115
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$2,687INCOME PRODUCING - 7.5% CAP RATE! Welcome to this beautifully updated 5-bedroom, 3-bathroom home offering style, flexibility, and income potential. The main floor features an open-concept living space with a fully remodeled kitchen showcasing quartz countertops, newer stainless steel appliances, and a stainless steel gas stove/oven. Throughout the home you’ll find newer flooring and windows as well as a newer HVAC. Warm yourself by the wood burning fireplace, or enjoy the serenity from the front living room. As you walk through the home you'll see an abundance of natural light, highlighting its chic, modern finishes. Three spacious bedrooms and two full baths complete the upstairs level. As you walk downstairs you'll find the finished basement which includes a private entrance, new modern open-concept kitchen, large living room, two bedrooms, and a full bathroom — perfect as an in-law suite, private guest space, or separate rental. This property is zoned for owner-occupied short-term rental (Airbnb) use, offering buyers unique investment flexibility. Currently leased as a long term rental at $3,700/month, the tenant is currently in a lease through March of 2027, making this an excellent turnkey opportunity. With its bright interiors, thoughtful upgrades, and versatile layout, this home is ready to impress — whether you’re seeking a stylish primary residence, multi-generational living, or income-generating potential.
| 5 days ago | Listing first seen on site | |
| 5 days ago | Listing updated with changes from the MLS® |
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