The story
NEW PRICE! Now offered at $149,900. This 2-bedroom, 2.5-bath attached townhome offers approximately 1,421 square feet and an opportunity for investors looking to add an occupied rental property to their portfolio. The functional floor plan includes a spacious living room with fireplace, eat-in kitchen and dining area, main-level laundry, and a half bath for guests. Upstairs, both generously sized bedrooms have their own full bathrooms. The home is dated but functional and offers plenty of potential for future updates. The property is currently tenant occupied under a lease through July 31, 2027, with the tenant responsible for utilities. There is no HOA, and long-term rentals are permitted. Located in Tullahoma's Blue Lake Villa subdivision, the property offers convenient access to downtown Tullahoma, AEDC/Arnold AFB, Motlow State Community College, shopping, dining, and area recreation. The adjoining unit, 101A Westlake Place, is also available separately at $159,900, creating an opportunity to purchase both sides. Seller is motivated and welcomes offers for either property individually or both together. Seller may consider concessions with an acceptable offer. Sale is subject to court approval as part of a conservatorship. Existing lease will transfer with the property. Buyers and buyers' agents should independently verify all information important to their purchase.
