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$200,000
3282588 MLS ACTIVE Status 38012 Zip Code
Prime Downtown Brownsville Investment Opportunity! Welcome to this versatile 5,847 sq ft commercial building located in the heart of Brownsville’s historic district. This property features three spacious units, with two of the spaces currently leased and generating steady income. The flexible floor plan is ideal for a variety of uses, including retail, office, or service businesses. Key Features: • Three separate units with private entrances—perfect for multiple tenants or owner-occupant use. • Two units leased with a combined monthly rental income of $1,150 making the current cap rate to be an estimated 2.15%; third larger unit ready for immediate lease. At full capacity, the property has the potential to achieve an estimated 8% (+) cap rate based on projected rental income, offering solid income potential for investors seeking increased cash flow. • Ample street parking and excellent visibility on a well-traveled downtown avenue. • Central HVAC and a solid brick construction with classic architectural details • Recent Upgrades: • New Roof (2024): Enjoy peace of mind with a newly replaced roof, ensuring durability and reduced maintenance costs. • Additional Structure Update (2026): The structure added to the back of Unit 107 has been modernized, adding value and functionality. • Potential for value-add: Lease the vacant suite or update interiors to increase rental income and property value. • Walking distance to Brownsville’s courthouse square, restaurants, shops, and community services. • Investment Highlights: • Income-producing with upside potential • Flexible zoning for a variety of commercial uses • Prime location in a growing community • Excellent value-add investment opportunity Located in a thriving area, this property is perfect for investors looking to expand their portfolio with a mix of leased and leasable spaces. Don't miss out on this unique opportunity to own a versatile property with immediate income potential. Schedule your private tour today.

107 S Wilson Ave, Brownsville

$175,000
2 Beds 1 Baths 3225949 MLS ACTIVE Status 0.26 Acres 38012 Zip Code
Opportunity awaits at 717 Elizabeth Street, Brownsville, TN. Situated on a beautiful parcel of land, this 2 bedroom, 1 bathroom single family home offers tremendous potential for investors, renovators, or buyers looking to create their dream home. This property is a true fixer-upper with endless possibilities. Whether you're seeking your next investment project, a rental property, a flip opportunity, or an affordable path to homeownership, this home provides the foundation to bring your vision to life. The spacious lot offers room for outdoor living, gardening, recreation, or future improvements. Conveniently located just minutes from US-70/US-79 and downtown Brownsville. Easy access to major transportation routes, shopping, dining, schools, and local amenities. This property combines the charm of a residential neighborhood with the opportunity to add value through updates and renovations. Being Sold As-Is.

717 Elizabeth St, Brownsville

$200,000
3216838 MLS ACTIVE Status 20.61 Acres 38012 Zip Code
Beautiful land opportunity in Brownsville, TN featuring two parcels being sold together: 7.11 acres and 13.50 acres, totaling approximately 20.61 acres. This property offers the perfect blend of open tillable ground, mature timber, privacy, and scenic West Tennessee countryside views. With a mix of cleared acreage and wooded areas, this tract provides excellent potential for a dream home, mini farm, recreational getaway, hunting property, or long-term land investment. The tree-lined borders create a peaceful, private setting while the open ground offers usable space for farming, pasture, or future improvements. Conveniently located in Haywood County, this is a rare chance to own versatile acreage with room to build, explore, and enjoy country living.

Tippett Ln, Brownsville

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