
114 Northwood Ln
McMinnville, TN 37110
1
Bedrooms
1
Bathrooms
3,680
Sq Ft
2001
Year Built
About This Property
Income-producing property in a prime McMinnville location, just minutes from the town center. The main building is currently leased to a daycare at $2,800/month, with additional on-site structures generating $800/month, for a total of $3,600 in monthly income. The property is zoned residential with a commercial exemption, offering flexibility and potential for continued commercial use. The primary building has been updated and features two large open areas, a kitchen, bathroom, office, stage, music/storage closets, and an existing sound stage setup. Multiple buildings are located on the property, providing diversified income streams. Seller financing may be available with acceptable terms. Photos will be updated prior to going active; current photos are not representative of the property s present condition. Do not disturb tenant. Showings by appointment only.
Property Details
Property Type
Single Family
Year Built
2001
Lot Size
32,670 sq ft
HOA
None
Listed Price
$450,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in McMinnville
What is owner financing for 114 Northwood Ln?
Owner financing means the seller of 114 Northwood Ln acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in McMinnville, TN is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this McMinnville home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this McMinnville property.