0 Charles Lane

Cedar Grove, TN 38321

$150,000
Price
7
Beds
3
Baths
1,000 Sq. Ft.
$150 / Sq. Ft.
1,000
Sq. Ft.
$150
per Sq. Ft.

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!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!
  1. Listed by Anne Spence McGee • Crye-Leike Tapestry Realty LLC • 7318474663

Property Details for 0 Charles Lane

Subdivision Name
Other
Waterfront
No

Location

Listing Courtesy of Crye-Leike Tapestry Realty LLC, Anne Spence McGee (731.549.7531)
Add your commute
LISTING UPDATED: 04/18/2024 10:20 AM

Property Details for 0 Charles Lane

StatusActive
MLS #2624267
Days on Market54
Taxes$466 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size-
CountyCarroll County

Location

Listing Courtesy of Crye-Leike Tapestry Realty LLC, Anne Spence McGee (731.549.7531)
Add your commute

Building Information for 0 Charles Lane

Stories1Residences6Year Built1986Building Size-Lot Size-

Payment Calculator

$857 per month

30 year fixed, 7.25% Interest

Principal and Interest

$819

Property Taxes

$39

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Charles Lane

Summary
Location and General Information
  • Directions: 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.
  • Elementary School: West Carroll Elementary School
  • High School: West Carroll Junior/Senior High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: West Carroll Junior/Senior High School
  • Mlg Can View: Yes
  • Zoning: Other
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet
Lot Information
  • Lot Size Units: Acres
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Other
  • Documents Count: 3
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: Yes
  • Stories: 1
  • Year Built Details: APROX
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Unit 1
  • Unit Type Actual Rent: $500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Rental Information
Rental Information
  • Total Actual Rent: $1,200

Property History for 0 Charles Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Charles Lane

This home is within West Carroll School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 12
Rating
School
Distance
West Carroll Primary School
PublicPK to 2

West Carroll Elementary School
Public3 to 6

West Carroll Junior/Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 Charles Lane is a multi-family home for sale in Cedar Grove, TN 38321. This property was listed for sale on February 23, 2024 by Crye-Leike Tapestry Realty LLC, it's currently listed at $150,000. This listing's school district is West Carroll School District. Nearby schools include West Carroll Primary School, West Carroll Elementary School and West Carroll Junior/Senior High School. 0 Charles Lane is a 7-bed, 3-bath, 1,000 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike Tapestry Realty LLC, Anne Spence McGee (731.549.7531)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/18/2024 10:20 AM