219 Cedar Ave, Luttrell, TN 37779

$150,000

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List Price
$150,000
MLS#
1344480
Status
ACTIVE
Type
Land
City
Luttrell
County
Union

Property Description

219 Cedar Avenue presents an excellent opportunity for investors, landlords, or those seeking acreage with future development potential. Situated on approximately 2.95 acres, this property includes an existing mobile home that is currently occupied by a tenant who plans to vacate shortly after the listing date, allowing for immediate occupancy or the opportunity to secure a new tenant. One of the standout features of this property is the existing infrastructure for a second residence. In addition to the current mobile home, the property includes utility hookups suitable for an RV, mobile home, or other approved dwelling, creating the potential for multiple income-producing units on a single tract. The land offers a beautiful natural setting with a creek running along the rear of the property, along with several level areas that may provide additional opportunities for expansion, development, or recreational use. Whether you're looking for a rental investment, a place to establish a homesite with rental income, or a property with long-term upside, this tract offers plenty of possibilities. This property is one of three being offered as part of the seller's portfolio liquidation. The value is primarily in the land and existing infrastructure, with the structures conveying in their current condition. The property is being sold as-is, the seller will make no repairs, and the price reflects the condition to encourage a quick sale. Cash or conventional financing will be required. Don't miss this opportunity to acquire nearly three acres with existing rental potential, utility infrastructure, and room to grow. This property is one of three investment properties currently being offered by the seller. See also 105 Cedar Avenue, 219 Cedar Avenue, and 130 Donahue Road for additional opportunities to expand your real estate portfolio.

Additional Information

Acres
2.95
Lot Description
Creek, Rolling Slope, Wooded, Rolling
Lot Dimensions
251 x 367 x IRR
View
Mountain View, Wooded
Zoning
None

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Calculator source: Real Geeks

Agent: Michael Keith |

Office: Realty Executives Associates |