1879 Highway 13 , Cunningham, TN 37052

$350,000
  • 1879 Highway 13 , Cunningham, TN 37052 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,216 MLS#3634700
STATUSActive PROPERTY TYPEResidential - Mobile 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\!

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 asmith.franklinrealty.com today.

Property Features

Property Type: Residential - Mobile Home
Basement: Crawl Space
Cooling: Central Air
Heating: Central
Lot Size: 7.80 Acres
Stories: 1.0
Taxes: $852
Year Built: 1988

Amenities

High Speed Internet

Feature Descriptions

Appliances: Electric Oven, Electric Range
Exterior: Aluminum Siding
Flooring: Carpet, Laminate
Laundry: Electric Dryer Hookup, Washer Hookup
Parcel#: 063141 05305 00020141
Sewer: Septic Tank
Utilities: Water Available
Water: Private

Local Schools

High School: Montgomery Central High
Middle School: Montgomery Central Middle
Elementary School: Montgomery Central Elementary

Listed By / Shown By

Listed By

Agency Name: Crye-Leike, Inc., REALTORS
Agency Phone: 9316482112

Shown By

Agent Name: Alexa Smith
Agent Phone:
Agency Title: Franklin Realty Inc.

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Estimated Payment

$ 2,318.95 per month $2,145.87 Principal & Interest $71.00 Property Tax $102.08 Homeowner's Insurance

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