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
Days on Market
230
Price Change
▲ $80,050 1776354945
MLS#
3061671
Subtype
Residential
Year Built
1900
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,000
Lot Size
91,476
Acres
2.10
Subdivision
Na

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

Exterior Construction
Frame
Stories
2
Parking Features
Detached
Garage
Detached
Garage Spaces
4
Elementary School
J W Wiseman Elementary
Middle School
Portland East Middle School
High School
Portland High School

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Calculator source: Real Geeks

Listing courtesy of Wally Gilliam Realty & Auction.

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