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0 Charles LN Cedar Grove, TN 38321
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Key Details
Sold Price $100,000
Property Type Mobile Home
Sub Type Mobile Home Park
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240832
Sold Date 08/23/24
HOA Y/N false
Originating Board Central West Tennessee Association of REALTORS®
Year Built 1986
Annual Tax Amount $466
Lot Size 3.180 Acres
Acres 3.18
Lot Dimensions 3.18
Property Description
Income Producing Rental Property on 3.18 Acres! Live in the site built home & rent out the 5 mobile homes! Currently producing rental income of $2300.00 & tucked away off Fesmire Rd w/over 530' road frontage & Charles Lane. 3 septic tanks, & 1 shared well. Each home has its own electric meter with each tenant paying their own electric. 4 of the mobile homes have double metal roofs. Located in the small town of Cedar Grove, 15 min from I-40 located between Memphis & Nashville. Great investment opportunity!
Location
State TN
County Carroll
Area 3.18
Direction Intersection of I-40 & Hwy 104 W at exit 101, take 104 W right onto Hwy 70E, left Tn 220, right onto Terry Rd, right onto Fesmire Rd, left onto Charles lane.
Interior
Heating None
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Heat Source None
Exterior
Garage Gravel
Parking Type Gravel
Building
Story 1
Sewer Septic Tank
Water Shared Well
Level or Stories 1
Others
Tax ID 038.17
Special Listing Condition Standard
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