**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\!
Listed By
Agency Name: Crye-Leike, Inc., REALTORS
Agency Phone: 9316482112
Shown By
Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660
Estimated Payment
$ 2,318.95 per month $2,145.87 Principal & Interest $71.00 Property Tax $102.08 Homeowner's Insurance
1879 Highway 13 | MLS# 3634700
This single family home located at 1879 Highway 13 , Cunningham, TN 37052 is currently listed for sale with an asking price of $350,000. This property was built in 1988 and has 3 bedrooms and 2 full baths with 1216 sq. ft. Search Cunningham real estate on www.franklinrealty.com today.