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538 Mount Nebo Rd, Iron City, TN 38463

$150,000
  • 538 Mount Nebo Rd, Iron City, TN 38463 Main Photo

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Active
LOT SIZE 2.000 acres MLS#3164464
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONNear /TN Alabama line

Property Description

OWNER/AGENT DISCLOSURE: Seller is a licensed Tennessee Principal Broker selling as a principal. Incredible investor opportunity on 2 unrestricted acres near the TN/AL line! This 3BR/1.5BA property is an AS-IS value-add play with massive equity upside. The layout features an attached 2-car garage perfectly positioned for an easy 4th or 5th bedroom conversion to instantly maximize your After Repair Value (ARV). Offered exclusively via a short-term lease with an option to purchase. Requires a minimum 10% non-refundable option fee up front, monthly lease terms between $950-$1,000, and standard tenant-buyer screening. Buyer assumes all inspection burdens (septic, plumbing, HVAC, utilities) at their own expense. Contractor line-item repair estimate is available upon request with proof of funds. Principal-to-principal inquiries only

538 Mount Nebo Rd | MLS# 3164464

This land located at 538 Mount Nebo Rd, Iron City, TN 38463 is currently listed for sale with an asking price of $150,000. The property has approximately 2.00 Acres. Search Iron City real estate on elainewilliams.crye-leike.com today.

Property Features

Property Type: Land - Residential
Lot Size: 2.00 Acres
Taxes: $825

Feature Descriptions

Days on Site: 90
Lot: Cleared, Level
Parcel#: 156 06202 000
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Septic Tank
Topography: Cleared, Level
Utilities: Water Available
Water: Private

Local Schools

High School: Loretto High School
Middle School: Leoma Elementary
Elementary School: Leoma Elementary

Listed By / Shown By

Listed By

Agency Name: Polk Property Real Estate
Agency Phone: 9312920813

Shown By

Agent Name: Elaine Williams
Agent Phone: (615) 477-4462
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 446.33 per month $333.83 Principal & Interest $68.75 Property Tax $43.75 Homeowner's Insurance

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