120 Wilkerson Ln, Portland, TN 37148
120 Wilkerson Ln, Portland, TN 37148
120 Wilkerson Ln, Portland, TN 37148
78
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Listed by Benjamin Patton • Wally Gilliam Realty & Auction
$480,000
Est. payment /mo
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4 Beds
2 Baths
2,000 SqFt
Active

120 Wilkerson Ln Portland, TN 37148

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MK Hughes

MK Hughes

+1(615) 788-1932

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $240

Subdivision Na

MLS Listing ID 3061671

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $740

Lot Size 2.100 Acres

Acres 2.1

Lot Dimensions 2

Property Sub-Type Single Family Residence

Property Description

There is no space for your buyer to live. This property is 100% rented, unless your buyer lives in the one bed/bath airbnb. This is an investment property with two income streams, one being a long term tenancy of $1850 and an Airbnb short term rental averaging an additional $1,250/ month YTD 2025. Owner is the agent and vice versa and operated since 2022. The long term tenancy is the house that is roughly 1400 square feet, 4/2 with two stories, and the short term rental is detached from the house and is roughly 600 sq. ft. and is a 1/1. Leases will remain in effect with purchase of property ending May, 2027. A vacant acre that has the soils for a 2 bathroom build comes with the sale of this listing. I have wanted to change this to Commercial, but haven't taken the time. Please contact agent at 615.714.8296 Please, under no circumstances should you approach or contact the tenants onsite.
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In conclusion- Roughly 2,000 NRSF totaling 3 bathrooms, 5 bedrooms, garages and two living dwellings that generate an average income per month of $3,000. Seller does not guarantee anything and suggests buyers and agents clarify all pertinent assumptions regarding this property.

Location

State TN

County Sumner County

Rooms

Main Level Bedrooms 3

Interior

Interior Features High Speed Internet

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace N

Appliance Built-In Electric Oven, Electric Oven, Cooktop, Trash Compactor, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Garage Spaces 4.0

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Story 2

Sewer Other

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools J W Wiseman Elementary

Middle Schools Portland East Middle School

High Schools Portland High School

Others

Senior Community false

Special Listing Condition Owner Agent

RealTracs IDX
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To say MK went above and beyond is a understatement. We drove over 300 miles in the only 2 days we had to look for homes. When a seller failed to disclose extremely important information until 2days prior to closing she fought for me. To say that she was relentless in searching, again is a understatement. Words cannot express how grateful I am to her and the team that backs her behind the scenes. There isn’t a high enough star rating to give MK and her team, we were beyond blessed to have her work/fight for us.

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MK Hughes

MK Hughes

Agent License ID: 341737

+1(615) 788-1932

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120 Wilkerson Ln