$189,000
$199,900
5.5%For more information regarding the value of a property, please contact us for a free consultation.
2,688 SqFt
SOLD DATE : 08/04/2023
Key Details
Sold Price $189,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,688 sqft
Price per Sqft $70
Subdivision Not In Subdivision
MLS Listing ID 9954171
Sold Date 08/04/23
Style Ranch
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Year Built 1950
Lot Size 5.470 Acres
Acres 5.47
Lot Dimensions Irr-See remarks
Property Description
Welcome to this exceptional investment property located in the picturesque town of Afton, TN. Situated on close to 5.5 acres of unrestricted land, this unique property presents a rare opportunity for savvy investors or those seeking multiple dwelling options. With two single wides boasting 2 beds and 1 bath each, and a charming stick-built cottage-style home featuring 3 beds and 1 bath, this property offers versatility and potential.
One of the 2-bedroom single wide homes is located at the back part of the 5.49 acres, providing a tranquil and private setting. It boasts a full wrap-around deck, perfect for enjoying the serene surroundings and savoring the beauty of nature. Additionally, this home features an attached 2-car carport, ensuring convenient parking. The property also includes a spacious two-stall barn, ideal for housing animals or storing equipment. Furthermore, a separate two-car garage equipped with electricity and water provides ample space for parking and storage. The potential uses for these additional structures are limited only by your imagination. The value of this property is further highlighted by its history of being a lucrative investment. Previously utilized as rental properties, two tenants currently remain. One is secured under a yearly lease agreement paying $700/ month, while the other has an excellent month-to-month rental history paying $600/month, providing immediate income potential for the new owner.
Whether you're an experienced investor looking to expand your portfolio or a homeowner seeking a property with endless possibilities, this investment opportunity offers it all. Embrace the charm of Afton, TN, while capitalizing on the income potential this property has to offer. Don't miss out on this rare chance to own three homes on expansive acreage in a highly sought-after location. Contact us today to schedule a private viewing! *Buyer and buyer's agent to verify all information*
Location
State TN
County Greene
Community Not In Subdivision
Area 5.47
Zoning A1
Direction GPS Friendly!! From US_11E S: Turn RIGHT onto Baileyton Access, Turn RIGHT onto TN-172 N/Baileyton Rd/Van Hill Rd Turn RIGHT onto Old Baileyton Rd 1105 on left followed by 1115. Use next gravel driveway to left to 1125. See sign.
Rooms
Other Rooms Barn(s)
Ensuite Laundry Electric Dryer Hookup, Washer Hookup
Interior
Laundry Location Electric Dryer Hookup,Washer Hookup
Heating Other, Heat Pump
Cooling Ceiling Fan(s), Heat Pump, Other
Appliance Range, Refrigerator
Heat Source Other, Heat Pump
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Gravel, Parking Spaces
Garage Spaces 2.0
Carport Spaces 2
Roof Type Metal,Shingle,Other
Porch Covered, Deck, Front Porch, Rear Porch, Wrap Around, Other
Parking Type Gravel, Parking Spaces
Total Parking Spaces 2
Building
Lot Description Rolling Slope, Part Wooded
Entry Level One
Sewer Septic Tank
Water Public
Architectural Style Ranch
Structure Type Metal Siding,Wood Siding,Other
New Construction No
Schools
Elementary Schools Baileyton
Middle Schools North Greene
High Schools North Greene
Others
Senior Community No
Tax ID 044 092.01
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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