Property Description

Motivated sellers! This property at 17 Cherry Ln in Morrison, Tennessee, presents an outstanding opportunity for both savvy real estate investors and families seeking a spacious home renovation project. Set on a large, nearly one-acre corner lot, this listing offers tremendous potential for customization and future value appreciation. This is a chance to acquire a significant piece of land in a desirable, quiet community and transform it into a stunning primary residence or a high-demand rental property.For those planning to make this their primary home, there are excellent low-down payment financing options. The property may qualify for a $0 downpayment loan or a specialized low down rehab loan, allowing you to combine the purchase and necessary home improvement costs into a single, affordable mortgage. This makes it an accessible option for buyers who are ready to put in the work to create their dream home. The sellers mortgage is also potentially assumable for qualified buyers.The location in Morrison, TN, enhances this offering. While providing a peaceful, suburban-rural atmosphere, the area is conveniently located a short drive from larger hubs like McMinnville and Manchester, ensuring easy access to shopping, dining, and city amenities. Outdoor enthusiasts will appreciate the proximity to popular Middle Tennessee natural attractions, including the stunning Cumberland Caverns, Rock Island State Park, and numerous waterfalls and hiking trails, making it an ideal spot for family living and weekend adventures. The huge corner lot is a major asset, offering exceptional privacy and ample space for landscaping, gardening, or potential future expansion, a rare find in today's housing market.This is truly an investor special and a unique chance for a family to gain significant space and customize a home exactly to their tastes, just add some TLC. Don't miss out on this high-potential property-come see the endless possibilities! Assumable FHA loan at 5.8%

Property Features

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