Additional details

Melissa Buttrum

elite@homewire.com +1(262) 227-7064

Listed by Robert Duncan • eXp Realty

$475,000

Est. payment - /mo

5 Beds

2 Baths

3,922 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,922 sqft

Price per Sqft $121

MLS Listing ID 3205990

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1917

Annual Tax Amount $1,589

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 107 X126 IRR

Property Sub-Type Single Family Residence

Property Description

Income-producing property just over a block from downtown Winchester, offering a rare opportunity for buyers seeking investment property in Tennessee with immediate rental income and future flexibility. Built in 1917, this historic, commercially zoned 5-bedroom, 2-bath residence generates approximately $2,000/month in rental income and includes approximately 3,922 sq ft on a .34-acre lot in the heart of Winchester. The property features original hardwood floors, spacious living areas, and a covered front porch that adds character and tenant appeal. A detached 1-car garage and driveway parking provide additional functionality. Located seconds from the Winchester square and Hwy 41A, the property is conveniently positioned within the community. Currently office space with a long-term tenant of 7 years, the layout and location support multiple potential uses, including long-term rental hold, mixed-use potential, or future repositioning within a growing downtown area. Convenient access to local amenities and a strong occupancy history contribute to the property's appeal for investors seeking a centrally located asset in a developing corridor. Buyer to verify all information.

Location

State TN

County Franklin County

Rooms

Main Level Bedrooms 5

Interior

Heating Central

Cooling Central Air

Flooring Wood, Tile

Fireplace N

Appliance Range, Dishwasher, Refrigerator

Exterior

Garage Spaces 1.0

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Clark Memorial School

Middle Schools North Middle School

High Schools Franklin Co High School

Others

Senior Community false

Special Listing Condition Standard

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Nearby School & Business

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Melissa Buttrum

+1(262) 227-7064

Broker | License ID: 56568

Broker License ID: 56568

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309 2nd Ave #NW Winchester, TN 37398

Melissa Buttrum

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information