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Leah Wisterman

leahwisterman@gmail.com +1(615) 669-0263

Listed by David D Greene • Crye-Leike, Inc., REALTORS

$ 350,000

Est. payment | -/mo

3 Beds

2 Baths

1,216 SqFt

Save Virtual Tour

$ 350,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

1,216 SqFt

Key Details

Property Type Single Family Home

Sub Type Modular Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,216 sqft

Price per Sqft $287

MLS Listing ID 3634700

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1988

Annual Tax Amount $852

Lot Size 7.800 Acres

Acres 7.8

Property Sub-Type Modular Home

Property Description

**TWO HOMES ON 7\.8 ACRES WITH ADDITIONAL ROAD FRONTAGE & EXPANSION POTENTIAL\!** Unique investment opportunity in the Cunningham community of Montgomery County\! This property features two income\-producing manufactured homes situated on 7\.8 acres, offering established rental income, substantial acreage and exciting possibilities for future residential use\! The larger residence at 1879 Highway 13 is a 1988 single\-wide manufactured home featuring 1,216 sq\. ft\., 3 bedrooms and 2 full bathrooms\. The second residence at 1883 Highway 13 is a 1972 single\-wide offering 952 sq\. ft\., 2 bedrooms and 2 full bathrooms\. Together, the homes provide 2,168 sq\. ft\. of living space with 5 bedrooms and 4 full bathrooms\. Both homes are situated on foundations and are currently tenant\-occupied, generating $1,400 monthly or $16,800 annually in rental income\. EACH HOME HAS ITS OWN ELECTRIC METER, WATER METER AND SEPTIC SYSTEM\! An especially attractive feature is approximately 100 feet of additional road frontage along the right side of the property, potentially allowing for two separate 50\-foot access areas for additional residential sites\! This creates interesting possibilities for future homes or manufactured housing, subject to Montgomery County zoning, access, septic and development approvals\. The expansive acreage offers a beautiful country setting with room for future possibilities while maintaining the existing rental residences\. Ideal for investors seeking established rental income, acreage and long\-term appreciation potential\. Both residences are being sold together and are subject to existing tenant leases\. A rare opportunity to own two established rentals on 7\.8 acres with additional road frontage and potential for future expansion\!

Location

State TN

County Montgomery County

Rooms

Main Level Bedrooms 3

Interior

Interior Features High Speed Internet

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Fireplace N

Appliance Electric Oven, Electric Range

Exterior

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Story 1

Sewer Septic Tank

Water Private

Structure Type Aluminum Siding

New Construction false

Schools

Elementary Schools Montgomery Central Elementary

Middle Schools Montgomery Central Middle

High Schools Montgomery Central High

Others

Senior Community false

Special Listing Condition Standard

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Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 669-0263

leahwisterman@gmail.com

1879 Highway 13 Cunningham, TN 37052