Property Description

APPRAISED NEAR $205K | 2 ACRES | OWNER FINANCING POSSIBLE | LEASE OPTION AVAILABLE | MOTIVATED SELLERExcellent value-add opportunity on approximately 2 acres near the Tennessee/Alabama state line. Ideal for investors, landlords, renovators, or owner-occupants seeking equity potential and flexible purchase options. Existing floor plan may offer the possibility of converting the attached 2-car garage into additional living space, potentially creating a 4th or 5th bedroom, subject to buyer verification.Available purchase options include traditional financing, lease with option to purchase, and potential owner financing subject to seller approval and acceptable terms. Housing vouchers and third-party housing assistance programs may be considered subject to property eligibility, program requirements, and owner approval.Lease-option terms may include a security deposit equal to one month's lease payment, a minimum non-refundable option fee of 10% of the purchase price, and a $50 application fee per adult applicant. Written lease agreements, disclosures, screening, and owner approval required.Property features Lawrenceburg Utility System electric service, Iron City water service, approximately 2 acres, and no known deed restrictions. Contractor repair estimate available upon request.Property is being sold and/or leased AS-IS. Buyer and/or tenant to independently verify all information deemed important, including square footage, zoning, restrictions, schools, utilities, financing eligibility, room count, and intended use. Seller makes no representations or warranties. Equal Housing Opportunity.

Property Features

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