120 Wilkerson Ln, Portland, TN 37148

$480,000
4
BD
2
BA
2,000
SqFt

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List Price
$480,000
Status
ACTIVE
MLS#
3061671
Price Change
▲ $80,050 1776354945
Days on Market
226
Bedrooms
4
Bathrooms
2
Full Bathrooms
2
Living Area
2,000
Lot Size
91,476
Acres
2.10
County
Sumner County

Property Description

There is no space for your buyer to live. This property is 100% rented, unless your buyer lives in the one bed/bath airbnb. This is an investment property with two income streams, one being a long term tenancy of $1850 and an Airbnb short term rental averaging an additional $1,250/ month YTD 2025. Owner is the agent and vice versa and operated since 2022. The long term tenancy is the house that is roughly 1400 square feet, 4/2 with two stories, and the short term rental is detached from the house and is roughly 600 sq. ft. and is a 1/1. Leases will remain in effect with purchase of property ending May, 2027. A vacant acre that has the soils for a 2 bathroom build comes with the sale of this listing. I have wanted to change this to Commercial, but haven't taken the time. Please contact agent at 615.714.8296 Please, under no circumstances should you approach or contact the tenants onsite. . In conclusion- Roughly 2,000 NRSF totaling 3 bathrooms, 5 bedrooms, garages and two living dwellings that generate an average income per month of $3,000. Seller does not guarantee anything and suggests buyers and agents clarify all pertinent assumptions regarding this property.

Additional Information

Amenities Other
High Speed Internet
Basement Description
Crawl Space
Bedrooms Main
3
Construction Type
Frame
Cooling System
Central Air
Elementary School
J W Wiseman Elementary
Fence Type
Back Yard
Floor Types
Laminate
Garage Capacity
4
Garage Description
Detached
Heating System
Central
High School
Portland High School
Interior Other
High Speed Internet
Junior High School
Portland East Middle School
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Living Area
2,000
Lot Dimensions
2
Number Of Stories
2
Sewer System
Other
Subdivision
Na
Subtype
Single Family Residence
Tax Amount
$740
Water Source
Public
Year Built
1900
Type
Single Family Residential

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Wally Gilliam Realty & Auction.

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