Active
1430 Powell Grove Rd
Lebanon TN, 37090
$279,000
$5.34 per sqft
Active
1.2 Acres
Land
PREMIUM LOCATION INVESTMENT OPPORTUNITY: 1.23 +/- Acre Private Oasis with Endless Potential Discover a rare and versatile investment, perfect for a rental property your new custom home site. The lot is partially wooded and nestled along Powell Grove Road, offering a serene setting with lush mature trees and shrubs that create a private, secluded feel while maintaining convenient access to major highways and urban amenities. Located just off Highway 109, this property provides the perfect balance between peaceful rural living and city accessibility. The property is only 3.7 miles to I-40, ensuring an easy commute to surrounding areas, and 16 miles to Nashville International Airport (BNA), ideal for frequent travelers and professionals. Additionally, it is in close proximity to growing commercial and residential developments, adding long-term value to your investment. This expansive lot provides multiple opportunities, whether you're looking to develop a high-income rental property, build a dream home, or renovate and flip the existing structures. A charming log-style detached carport is already on the property. With approximately 840 sq. this structure presents a fantastic opportunity for conversion into a tiny home, guesthouse, studio, or workshop--an excellent value-add for future homeowners or rental income potential. The existing 3-bedroom, 2-bathroom fixer upper manufactured home is a perfect for investors seeking to renovate and capitalize on the strong demand for rental properties in this growing area. It features a durable metal roof, adding longevity and protection from the elements, and a spacious layout suitable for a variety of uses, from primary residence to rental property. BUYING TERMS will need to be cash or conventional because mobile home does not have a permanent foundation. WILL NOT GO FHA, VA OR USDA. We have lenders on standby that will fund this deal for buyers with at least 20% down. Seller date of deed depending on how fast buyer will close.
2794920
MLSⓇ ID
February 22, 2025
Listed
February 22, 2025
Updated
Exterior/Building Features
Lot Size
1.2 Acres
Lot Features
Level, Wooded
Sewer
Septic Tank
School Information
High School
Wilson Central High School
Elementary School
Southside Elementary
Other Property Details
Taxes
$783
Tax Frequency
Annually
Association Amenities
Trail(s)
Garage
No
View
No
County
Wilson County, TN
Water Source
Public
Pool
No
Utilities
Water Available
Zoning
R
Listed by Joseph Goodman CRS,ABR,GRI,SRES,SME, RE/MAX Choice Properties
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