EddieFerrell
LOT SIZE 2.000 acres
MLS#3164464
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONNear /TN Alabama line
Property Description
Well Below Recent Appraised Value Now offered at $147,900 Bring All Offers and proof of funds. Excellent value-add opportunity situated on approximately 2 unrestricted acres in Iron City, Tennessee. Whether you're an investor, renovator, landlord, or owner-occupant seeking to build equity, this property offers significant potential at an attractive price point.The existing floor plan may allow for conversion of the attached 2-car garage into additional living space, potentially creating a 4th or 5th bedroom, subject to buyer verification, approvals, and intended use.To provide additional purchasing flexibility, the seller may consider a short-term lease with an option to purchase, subject to seller approval, a non-refundable option fee of 10%, and mutually agreed-upon terms.Conveniently located near the Tennessee/Alabama state line, the property is served by Lawrenceburg Power and Iron City Water. No known deed restrictions. Contractor repair estimate available upon request.Property is being sold AS-IS. Owner/Agent. Seller welcomes all offers.Buyer to independently verify all information deemed important, including but not limited to square footage, acreage, zoning, restrictions, utilities, school zones, room count, financing suitability, Auction Information and intended use. Seller makes no representations or warranties regarding condition, future use, development potential, or possible improvements.
Property Features
Property Type: Land - Residential
Lot Size: 2.00 Acres
Taxes: $825
Feature Descriptions
Days on Site: 83
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: Eddie Ferrell
Agent Phone: (931) 320-4552
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 441.05 per month $329.16 Principal & Interest $68.75 Property Tax $43.14 Homeowner's InsuranceChange Payment Information
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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 $147,900. The property has approximately 2.00 Acres. Search Iron City real estate on eddieferrell.crye-leike.com today.