1879 Hwy 13, Cunningham, TN 37052

$350,000
3
BD
2
BA
1,216
SqFt

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Property Description

**TWO HOMES ON 7\.8 ACRES WITH ADDITIONAL ROAD FRONTAGE & EXPANSION POTENTIAL\!** Unique investment opportunity in the Cunningham community of Montgomery County\! This property features two income\-producing manufactured homes situated on 7\.8 acres, offering established rental income, substantial acreage and exciting possibilities for future residential use\! The larger residence at 1879 Highway 13 is a 1988 single\-wide manufactured home featuring 1,216 sq\. ft\., 3 bedrooms and 2 full bathrooms\. The second residence at 1883 Highway 13 is a 1972 single\-wide offering 952 sq\. ft\., 2 bedrooms and 2 full bathrooms\. Together, the homes provide 2,168 sq\. ft\. of living space with 5 bedrooms and 4 full bathrooms\. Both homes are situated on foundations and are currently tenant\-occupied, generating $1,400 monthly or $16,800 annually in rental income\. EACH HOME HAS ITS OWN ELECTRIC METER, WATER METER AND SEPTIC SYSTEM\! An especially attractive feature is approximately 100 feet of additional road frontage along the right side of the property, potentially allowing for two separate 50\-foot access areas for additional residential sites\! This creates interesting possibilities for future homes or manufactured housing, subject to Montgomery County zoning, access, septic and development approvals\. The expansive acreage offers a beautiful country setting with room for future possibilities while maintaining the existing rental residences\. Ideal for investors seeking established rental income, acreage and long\-term appreciation potential\. Both residences are being sold together and are subject to existing tenant leases\. A rare opportunity to own two established rentals on 7\.8 acres with additional road frontage and potential for future expansion\!

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Listing courtesy of Crye-Leike, Inc., REALTORS.

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