311 Downs Rd, Cumberland City, TN 37050 For Sale

Description

Welcome to 311 Downs Rd in Cumberland City, TN — property to include .66 acres next to the home. An incredible opportunity to own one of the largest homes currently available in the area at one of the lowest prices per square foot. Offering over 4,400+ square feet of living space, this property is priced below current assessed value and packed with potential for the right buyer. This spacious home needs some TLC and minor cosmetic updating, making it the perfect opportunity for someone willing to roll up their sleeves and create instant equity. With the right vision and finishing touches, this property has the potential to become a stunning home that could reach values in the high $500,000 range based on size, layout, and overall potential. One of the standout features is the finished basement area, which has previously generated approximately $1,300 per month in rental income, creating excellent potential for supplemental income, multi-generational living, or guest quarters. The property also offers an abundance of storage space and plenty of room for vehicles, trailers, equipment, or recreational toys. Conveniently located near Tennessee Valley Authority and only a short drive to local amenities, shopping, and dining, this property combines space, investment potential, and convenience all in one. Whether you’re an investor, handyman, or buyer searching for a large home with upside potential This spacious home needs some TLC and minor cosmetic updating, making it the perfect opportunity for someone willing to roll up their sleeves and create instant equity.