144 Post Oak Ave, Camden, TN 38320 For Sale

Description

Income producing with main home lease up for renewal in June. Spectacular buy with 2.99 acres and three homes with a country living feel in the heart of the city within a few short minutes of the interstate. Live in one and rent the others for income producing property or take advantage of the rental income from them all. Tax record is not updated correctly on homes. Currently, all 3 homes are rented with monthly income of $2,480 and the option to renew rent on 144 Post Oak Ave in June 2025. 144 Post Oak is 3 bedrooms, 2 bath and 1150 square feet with one level living and beautiful wooded backyard. This home has approximately one acre of the 2.99 acres included. The second home is a 1998 Buccaneer manufactured home with 1,280 square feet and 3 bedrooms, 2 baths, front and back decks, and a lovely, wooded view front and back. Plenty of room for a firepit, playset, etc. in the grassy areas. The third home is a sturdy block home featuring a new roof from the rafters up, 1000 square ft home with 2 bedrooms and one bath. This property also has the ability to have more housing units added to the property per Seller's meeting with zoning, water, sewage departments. Property also had a tiny home on the property which burnt but the sewage line and address already exist for that. Only site built or double wide manufactured homes can be placed on the property add dwellings. Buyers to consult with city on any plans for building. 144 Post Oak Ave has separate water meter with the other two homes sharing a water meter. Tenant Deposits on each home will be conveyed at closing. Possibilities for this property abound and the potential for revenue streaming is immense. Call today to view and make an offer on this excellent money-making property.