Tracy King, Your Home Sold Guaranteed Realty

Check out this home for sale you won’t find on Zillow!

306 Englewood Rd
Madisonville, TN 37354

  • $ 244,999.00
  • 3 Beds
  • 2 Baths
  • 1800 Sq. Ft. / $ 136.11 / Sq. Ft.
  • Built 1950

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RARE and IRRESISTIBLE opportunity for investors, entrepreneurs, or families that want multiple living quarters that you do not want to miss! Whether your goal is to produce rental income, run a successful business, or simply have extra space for family and entertainment, the opportunities on this property are endless! Previously used as a very successful cash flow daycare, this property has many options to produce income or simply be a beautiful home for you and your family. If all three homes are rented, you could easily bring in around $2,000/month. This gorgeous compound boast of a beautiful main home, two separate one bedroom homes with a history of consistent rental income, two income generating storage units with electricity, and an oversized lot with ample space for parking or an opportunity to add another home on the property which could be another source of income for you! This property has been well maintained with plenty of updates and has NO HOA dues! Call to schedule a showing and beat out other buyers!

Status of Listing
Off Market
Property Type
2 Story
House Style
Cottage, Traditional

Property Details

Interior Features
Bedroom Information
  • Bedrooms: 3
Bathroom Information
  • Full Baths: 2
Room Information
  • Number of Rooms: 7
  • Bonus Room: Yes
  • Other Rooms: Additional Living Quarter, Extra Storage, Family Room, Laundry/Utility, Masters Bedroom on the Main Level
  • Dining Areas: Eat-in Kitchen, Kitchen/Dining Room Combo, Living Room/Dining Room
Interior Features
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Smoke Detector
  • Floor Type: Carpet, Hardwood, Laminate, Vinyl
  • Other Interior Feature: Walk-in Shower, Washer/Dryer
Heating & Cooling Information
  • Heat: Cenral
  • Cooling: Central Cooling
Parking / Garage, Exterior Features, Multi-Unit Information, Homeowners Association
Exterior Features
  • Construction Type: Frame
  • Siding Type: Metal, Wood
  • Foundation Type: Crawl Space
  • Sewer: City
HOA Information
  • HAO Frequency: N/A
School / Neighborhood, Utilities, Taxes / Assessments, Misc. Information
Utility Information
  • Fuel: Gas (natural)
  • Water: City
Tax Information
  • City Taxes: $ 36.22
  • County Taxes: $ 84.63
  • Total Tax: $120.85
Miscellaneous Information
  • Miscellaneous: Internet Available, Wired for Internet
Property / Lot Details
Property Information
  • Sq. Ft. (Main Level): 900
  • Sq. Ft. (2nd Level): 900
  • Sq. Ft. Source: Tax Records
  • Type: 2 Story
  • Site Built? Yes
Lot Information
  • Lot Description: Corner, Level Lot, Private
Tracy King
Tracy King, Listing Agent