164 West Wall Street, Cookeville, TN 38506
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
Listed by:michael farley
Office:true blue realty, llc.
MLS#:235656
Source:TN_UCAR
Price summary
- Price:$1,725,000
- Price per sq. ft.:$137.24
About this home
Welcome to "The Colonial Inn" at 164 W Wall St Cookeville, TN 38506. This amazing and rare investment opportunity includes 19 nicely remodeled 1 bed,1 bath apartments with timeless touches and many unique outdoor areas. Located in the heart of Algood, mere steps from city hall, the farmer's market, brick oven pizza restaurant, coffee shop and a short drive to TTU and shopping/dining options. Each Unit features updated kitchen, bath and decor while maintaining a timeless feel in this well maintained almost century old building with modern improvements. The complex also boasts nicely landscaped grounds, several unique outdoor areas, an onsite commercial laundry facility and ample parking. The high demand unit type appeals to a large majority of area renters and has produced a great rental history with short/low turnover offering a new investor a great bottom line. Contact me today for more information and a tour.
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Home facts
- Year built:1930
- Listing ID #:235656
- Added:175 day(s) ago
- Updated:September 30, 2025 at 12:48 PM
Rooms and interior
- Living area:12,569 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
Structure and exterior
- Roof:Metal
- Year built:1930
- Building area:12,569 sq. ft.
- Lot area:0.61 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,725,000
- Price per sq. ft.:$137.24
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