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!
Sold
$100,000
0 Charles Ln, Cedar Grove, TN 38321
--beds
0baths
--sqft
Mobile Home Park
Built in 1986
-- sqft lot
$102,100 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 24, 2024 at 03:55pm
Listed by:
Anne Spence-McGee,
CRYE*LEIKE Tapestry Realty
Bought with:
Kristen Londe, 329613
Town and Country
Source: CWTAR,MLS#: 240832

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None
Cooling
- Window Unit(s)
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 18
- Parking features: Gravel
Lot
- Size: 3.18 Acres
- Dimensions: 3.18
Details
- Parcel number: 038.17
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mobile Home Park
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
Community & neighborhood
Location
- Region: Cedar Grove
HOA & financial
Other financial information
- Total actual rent: 2300
Services availability

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