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309 2nd Ave NW

Winchester TN 37398

5
2
1
3922 sq. ft.
0.34 ac.
Single-Family
Currently for sale - view listing

Overview

Income-producing property just over a block from downtown Winchester, offering a rare opportunity for buyers seeking investment property in Tennessee with immediate rental income and future flexibility. Built in 1917, this historic, commercially zoned 5-bedroom, 2-bath residence generates approximately $2,000/month in rental income and includes approximately 3,922 sq ft on a .34-acre lot in the heart of Winchester. The property features original hardwood floors, spacious living areas, and a covered front porch that adds character and tenant appeal. A detached 1-car garage and driveway parking provide additional functionality. Located seconds from the Winchester square and Hwy 41A, the property is conveniently positioned within the community. Currently office space with a long-term tenant of 7 years, the layout and location support multiple potential uses, including long-term rental hold, mixed-use potential, or future repositioning within a growing downtown area. Convenient access to local amenities and a strong occupancy history contribute to the property's appeal for investors seeking a centrally located asset in a developing corridor. Buyer to verify all information.

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
3922 sq. ft. floor area
0.34 ac. lot size
Single-Family

Property history for 309 2nd Ave NW

2017
Sold
$140,000
10 Apr 2017 by Sharon Swafford, of Swaffords Property Shop
2014
Sold
$126,000
22 Aug 2014 by Sharon Swafford, of Swaffords Property Shop

Happy sellers in Winchester

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We have insufficient information to provide an overview of customer satisfaction for Winchester. Viewing the agent profiles, reviews and sales for Winchester can provide insights for this location.

Local market activity for 5 bedroom single-family properties in Winchester

In the last 12 months, 12 five-bedroom single-family properties similar to 309 2nd Ave NW, have been sold.

This represents a 43% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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