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0 Charles Lane

Cedar Grove, TN 38321

– beds
– baths
1,000 sqft
$100 per sqft
1986 build
– on site

More homes

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!

Listing courtesy of REALTRACS / Crye-Leike Tapestry Realty LLC

Last checked: Checking… • Last updated Aug 29, 2024 •

MLS# 2624267 —

The Building

Year Built:

1986
Year Built Effective:

1986
Year Built Details:

APROX
New Construction:

false
Construction Materials:

Other
Stories:

1
Levels:

One
Structure Type:

Multi Family
# of Units Total:

6
Building Area Units:

Square Feet
Building Area Total:

1000
Building Area Source:

Assessor
Above Grade Finished Area:

1000
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Assessor
Below Grade Finished Area Source:

Assessor
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1000
Living Area Units:

Square Feet
Living Area Source:

Assessor

Location

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.
Latitude:

35.86827487
Longitude:

-88.59391843

The Property

Property Type:

Residential Income
Lot Size Units:

Acres
Zoning:

Other
View:

false
Property Attached:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

466

The Listing

Map Coordinate:

35.8682748663318000 -88.5939184289168000
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Sewer:

Septic Tank
Water Source:

Well

Schools

Elementary School:

West Carroll Elementary School
Middle Or Junior School:

West Carroll Junior/Senior High School
High School:

West Carroll Junior/Senior High School

The Community

Subdivision Name:

Other
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
8/23/24 Aug 23, 2024	Sold	REALTRACS	$100,000	-33.3%
7/30/24 Jul 30, 2024	Pending	REALTRACS	$150,000
4/18/24 Apr 18, 2024	Listed / Active	REALTRACS	$150,000	20.0%

Multifamily Sold on 8/23/2024

$100,000

Listing provided by broker:

Anne Spence McGee

Crye-Leike Tapestry Realty LLC

7318474663

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Listing Courtesy of: REALTRACS and Crye-Leike Tapestry Realty LLC.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

0 Charles Lane

Cedar Grove, TN 38321