111 County Road 737, Calhoun, TN 37309

Property Description

4 Bedroom 2 Bathroom Home for Sale (or Rent) by Owner / Agent. Rent to own or Owner Financing also available (see terms below) Excellent rental investment opportunity for someone local to Calhoun, TN! $1,400/month has been the rent revenue for the past year. RENT TERMS Willing to rent for $1,400/mo, or a bit less if renter is willing to handle upkeep. RENT TO OWN TERMS 1-2 year term with 8-10k down (fully refunded upon purchase) and 1200/mo payments (half of each refunded upon purchase of property) w 145k sale price. OWNER FINANCING TERMS 15 year term w 15k down, 8.5% APR, and 145k sale price. Located off Bowater Rd in Calhoun, TN. 1.5 acre lot (surveyed recently) New HVAC in 2018 w New Compressor in 2024 New Floors installed 2023 (one bathroom still needs some attention) $15,000 of repairs and updates completed in 2025 Full disclosure: This is a non-typical construction. I have personally never seen one quite like this before. What appears to be a mobile home unit is included in the structure of this house, but it does not appear to ever have been titled or registered. IBTS has no records of any HUD tags, serial numbers, or other identifying information related to this unit or this property, and no identifiers are stamped into the i beams below the house. So, it appears the unit was never titled at all and was simply used as part of the building materials at this location. This structure has passed inspection from 2 separate structural engineers in recent years and I had a survey done to confirm the 1.5 acres lot last year. The title company that completed the title work for the cash out refi loan I got about 5 years ago (Title Insurance Company in Dayton, TN) confirmed there is no record of a mobile home being on this property, and so they are fine closing this property again as they already insure the title with my lender and already have the file. Contact your Realtor to schedule a viewing today.