$385,000
1106 Old Cowan Rd, Winchester, TN 37398
Fantastic investment opportunity! This duplex offers 3 bedrooms and 2 bathrooms on each side, providing plenty of space for tenants. A privacy fence separates the outdoor patio areas, giving each side its own private retreat. New driveway recently installed. Both units are currently leased at $1,275/month each, providing immediate rental income. Purchase also includes 1108 Old Cowan. Don't miss
Amy Mullins Zach Taylor - Chattanooga
Explore Winchester
$285,000
203 3rd Ave NE, Winchester, TN 37398
Lindsey Bruce Highlands Elite Real Estate
$285,000
201&203 3rd Ave NE, Winchester, TN 37398
Lindsey Bruce
Winchester, TN, a small city of approximately 10,000 residents, is situated on the eastern shores of Tims Ford Lake. This growing community has seen increased development, particularly during the COVID-19 pandemic, as people sought the scenic beauty of the lake. The city features a walkable downtown district with locally owned eateries, shops, and the historic Franklin County Courthouse. Outdoor enthusiasts can enjoy fishing, boating, and hiking at Tims Ford State Park, located 11 miles northwest, or visit Winchester City Park, which includes an aquatic park, playground, and baseball diamonds. Twin Creeks Marina & Resort is a popular spot for launching boats and fishing. Winchester's housing market is diverse, ranging from mid-20th-century suburbs to waterfront properties with private docks, and new subdivisions. The median home price is around $397,000. The city hosts events like the High On Hog Barbeque Competition in April and the Lights Over the Lake fireworks show on the Fourth of July. Residents can catch movies at the historic Oldham Theatre. For day trips, Chattanooga is 63 miles east, and Huntsville is 45 miles southwest. The crime rate in Winchester has generally trended downward over the past nine years, with occasional increases. The Tennessee Valley Authority manages the Tims Ford Dam to prevent flooding, and snowfall is rare, typically occurring once a year.
In Winchester, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Winchester, TN.
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