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525 Pear Tree Lane, Elizabethton, TN 37643 - $225,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9968140
Living Area: 0 Lot Acreage: 0 Year Built: 1989
Elementary School: Valley Institute Middle School: Hampton High School: Hampton
Property Description
CASH FLOW SPECIAL !!! This property has two separate 3BR/2BA mobile homes and a 2BR/1BA single wide and an extra mobile home/camper slot with water electric and septic. All three mobile homes and the extra mobile home slot each have a separate paved driveway. One of the 3BR/2BA mobile homes have just been painstakingly and completely remodeled. It is currently unrented due to listing this property. The other two are currently rented but the rent hasn't been adjusted for years. Consequently the current rental rate is ridiculously low. This property should be bringing in approximately $2,950/mo but that would require raising the current renter's rate. All facts here in deemed reliable but must be verified by the buyer.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Appliances:Rangetrue
    Appliances:Refrigeratortrue
    Body Type:Double Widetrue
    Body Type:Single Widetrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Aluminum Sidingtrue
    Flooring:Laminatetrue
    General Property Description:# Buildings3
    General Property Description:# of Units4.0
    General Property Description:Acres0.3
    General Property Description:Elementary School3Valley Institute
    General Property Description:High School3Hampton
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions100 x 150
    General Property Description:Middle School2Hampton
    General Property Description:Total Units4
    General Property Description:Zoning2res
    Heating:Heat Pump2true
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Onetrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes136.25
    Location Tax Legal Info:Deed Book #513
    Location Tax Legal Info:Deed Page #821
    Parking Features:Asphalt2true
    Parking Features:RV AccessParkingtrue
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3From Gap Creek Rd in Elizabethton take Long Hollow Rd. Go 0.8mi turn left on Adkins Dr. Go 0.25mi turn rt on to Long Hollow Rd. Then take an almost immediate left on to Green Acres Dr Go 0.25 miles turn right on to Pear Tree Ln. Go 0.1mi house on right see sign.
    Remarks Misc:Public Remarks2CASH FLOW SPECIAL !!! This property has two separate 3BR/2BA mobile homes and a 2BR/1BA single wide and an extra mobile home/camper slot with water electric and septic. All three mobile homes and the extra mobile home slot each have a separate paved driveway. One of the 3BR/2BA mobile homes have just been painstakingly and completely remodeled. It is currently unrented due to listing this property. The other two are currently rented but the rent hasn't been adjusted for years. Consequently the current rental rate is ridiculously low. This property should be bringing in approximately $2,950/mo but that would require raising the current renter's rate. All facts here in deemed reliable but must be verified by the buyer.
    Roof:Metal3true
    Sewer:Septic Tanktrue
    Structure Type:Manufactured Housetrue
    Style:Other53true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms52.0
    Unit 1:# Units1
    Unit 2:# Bathrooms42.0
    Unit 2:# Bedrooms43
    Unit 2:# Units21
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 3:# Units31
    Unit 4:# Bathrooms20.0
    Unit 4:# Bedrooms60
    Unit 4:# Units41
    View:Mountain(s)true
    Walls:Drywalltrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
REMAX Rising JC
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