309 NW 2nd Ave, Winchester, TN 37398
- $475,000
- 5
- BD
- 2
- BA
- 3,922
- SqFt
- List Price
- $475,000
- Status
- ACTIVE
- MLS#
- 3205990
- Days on Market
- 79
- Bedrooms
- 5
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 3,922
- Lot Size
- 14,810
- Acres
- 0.34
- County
- Franklin County
Property Description
SELLER OFFERING OWNER FINANCING AT 5.75% — This income-producing property just over a block from downtown Winchester, provides a rare opportunity for buyers seeking investment property in Tennessee with immediate rental income and future flexibility. Built in 1917, this historic, commercially zoned 5-bedroom, 2-bath residence generates approximately $2,000/month in rental income and includes approximately 3,922 sq ft on a .34-acre lot in the heart of Winchester. The property features original hardwood floors, spacious living areas, and a covered front porch that adds character and tenant appeal. A detached 1-car garage and driveway parking provide additional functionality. Located seconds from the Winchester square and Hwy 41A, the property is conveniently positioned within the community. Currently office space with a long-term tenant of 7 years, the layout and location support multiple potential uses, including long-term rental hold, mixed-use potential, or future repositioning within a growing downtown area. Convenient access to local amenities and a strong occupancy history contribute to the property's appeal for investors seeking a centrally located asset in a developing corridor. Buyer to verify all information.
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Additional Information
- Basement Description
- Unfinished
- Bedrooms Main
- 5
- Construction Type
- Frame, Wood Siding
- Cooling System
- Central Air
- Elementary School
- Clark Memorial School
- Floor Types
- Wood, Tile
- Garage Capacity
- 1
- Garage Description
- Detached
- Heating System
- Central
- High School
- Franklin Co High School
- Junior High School
- North Middle School
- Living Area
- 3,922
- Lot Dimensions
- 107 X126 IRR
- Number Of Stories
- 2
- Patio Deck
- Porch, Covered
- Sewer System
- Public Sewer
- Style
- Traditional
- Subdivision
- N/A
- Subtype
- Single Family Residence
- Tax Amount
- $1,589
- Water Source
- Public
- Year Built
- 1917
- Style
- Traditional
- Type
- Single Family Residential
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Listing courtesy of eXp Realty.
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