120 Wilkerson Ln, Portland, TN 37148

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

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List Price
$480,000
Price Change
▲ $80,050 1776355195
MLS#
3061671
Status
ACTIVE
Type
Single Family Residential
City
Portland
County
Sumner
Bedrooms
4
Bathrooms
2
Baths Full
2
Living Area
2,000
Lot Size
91,476
Year Built
1900

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

Acres
2.10
Appliances
Electric Oven, Electric Oven, Cooktop, Trash Compactor, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Basement
Crawl Space
Cooling
Central Air
Living Area
2,000
Lot Dimensions
2
Subdivision
Na
Year Built
1900
Subdivision
Na
Heating
Central
Water
Public
Sewer
Other

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Agent: Benjamin Patton | bpatton37148@gmail.com

Office: Wally Gilliam Realty & Auction | 6153254597

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