Florence New
REALTOR®
BEDS4
BATHS2 full
SQUARE FEET2,000
MLS#3061671
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONNA
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.
Property Features
Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Central Air
Garage: 4
Heating: Central
Lot Size: 2.10 Acres
Stories: 2.0
Taxes: $740
Year Built: 1900
Amenities
High Speed Internet
Feature Descriptions
Appliances: Built-In Electric Oven, Electric Oven, Cooktop, Trash Compactor, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Days on Site: 163
Exterior: Frame
Fencing: Back Yard
Flooring: Laminate
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Lot Dimensions: 2
Parcel#: 053 03900 000
Parking: Detached
Parking Notes: Detached
Sewer: Other
Utilities: Water Available
Water: Public
Local Schools
High School: Portland High School
Middle School: Portland East Middle School
Elementary School: J W Wiseman Elementary
Listed By / Shown By
Listed By
Agency Name: Wally Gilliam Realty & Auction
Agency Phone: 6153254597
Shown By
Agent Name: Florence New
Agent Phone: (615) 668-8007
Agency Title: ExCEL Real Estate & Development Co.
Estimate Your Payment
Estimated Payment
$ 1,269.94 per month $1,068.27 Principal & Interest $61.67 Property Tax $140.00 Homeowner's InsuranceChange Payment Information
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120 Wilkerson Ln | MLS# 3061671
This single family home located at 120 Wilkerson Ln, Portland, TN 37148 is currently listed for sale with an asking price of $480,000. This property was built in 1900 and has 4 bedrooms and 2 full baths with 2000 sq. ft. Wilkerson Ln is located in the NA subdivision. Search NA real estate on fnew.excelredtn.com today.