Iron City, TN 38463
$1,000.00
Flexible opportunity on desirable 538 Mt. Nebo Rd! This property is being offered at $155,000 and may also be available for short-term lease consideration at $1,000 per month with a $1,000 security deposit. Property is being offered AS-IS. Owner/Agent makes no representations or warranties regarding the condition, habitability, insurability, lender compliance, or suitability for immediate occupancy. Home is not represented as fully repaired or move-in ready. Any temporary occupancy, short-term lease, lease-option, or early possession arrangement shall remain subject to Owner/Agent written approval, completed disclosures, executed agreements, cleared funds, and required inspections. Prior to any approved occupancy, tenant/occupant shall obtain, at tenant’s expense, written evaluations, inspections, and/or clearance documentation from licensed professionals for systems deemed necessary by Owner/Agent, including but not limited to electrical, HVAC, plumbing, water/sewer or septic, roofing, moisture/water intrusion, and other structural or mechanical concerns. Owner financing may be considered with a minimum 10% option/down payment, 8% interest, 15-year amortization schedule, and 5-year balloon payment, subject to approval and executed agreement. Ideal opportunity for buyers, investors, or future homeowners seeking flexibility while preparing for financing or making improvements. Property may be suitable for USDA, VA, FHA, Conventional, or Cash financing after repairs or updates are completed. Buyer and/or tenant to verify all information deemed important, including schools, square footage, utilities, zoning, financing suitability, and overall property condition. Inspections strongly encouraged. Serious inquiries only. Property Owner & Owner Managing Real Estate Broker #282528 of Polk Property Real Estate Brokerage #264472 615-933-5175 Polksellstn@gmail.com
Based on information submitted to the MLS GRID as of 2026-05-16T23:36:28+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.
Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.