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200 & 202 West Main Street, Mount Carmel, TN 37645 - $389,900

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Bedrooms: 6 Full Bathrooms: 2 Half Bathrooms: 0
Type: Residential Sub Type: Single Family Residence MLS Number: 9994141
Living Area: 2,250 Lot Acreage: 1 Year Built: 1945
Elementary School: Mt Carmel Middle School: Church Hill High School: Volunteer
Property Description
Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting. Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development. Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.
Listing Status
Active
  • More Listing Info
    AC:Ceiling Fan(s)true
    AC:Wall Unit(s)true
    Appliances:Electric Rangetrue
    Appliances:Refrigeratortrue
    Basement:Block4true
    Basement:Concrete3true
    Basement:Interior Entrytrue
    Basement:Sump Pumptrue
    Basement:Unfinishedtrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Asbestostrue
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Ceramic Tiletrue
    Flooring:Hardwoodtrue
    Foundation:Block6true
    Garage:Carport Spaces1
    General Property Description:Above Grade SqFt2250.0
    General Property Description:Acres1.0
    General Property Description:Baths - 120.0
    General Property Description:Baths - Full2
    General Property Description:Block21
    General Property Description:Deed Book #21249
    General Property Description:Deed Page #245
    General Property Description:Elementary School3Mt Carmel
    General Property Description:High School3Volunteer
    General Property Description:HOA YNNo
    General Property Description:Home WarrantyNo
    General Property Description:Lot #214
    General Property Description:Lot Dimensions100x407
    General Property Description:Middle School2Church Hill
    General Property Description:Senior Community YN3No
    General Property Description:Stories22
    General Property Description:Total Rooms214
    General Property Description:Total SqFt Finished2250.0
    General Property Description:Total SqFt Unfinished896.0
    General Property Description:Zoning2MX-2
    Heating:Floor Furnacetrue
    Heating:Natural Gas2true
    Interior Features:Eat-in Kitchentrue
    Interior Features:Solid Surface Counterstrue
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Twotrue
    Location Tax Legal Info:City Taxes679.99
    Location Tax Legal Info:County Taxes1092.73
    Parking Features:Asphalt2true
    Parking Features:Detachedtrue
    Parking Features:Drivewaytrue
    PorchPatioDeck:Backtrue
    PorchPatioDeck:Enclosedtrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3From i81, take exit 57B. In 8.4 miles, take exit 1. 03. miles, turn left to W Stone Dr. S, in 4.5 miles, turn right. in 90 ft turn left. the property is on your right in 800ft. GPS friendly.
    Remarks Misc:userdefined80Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting. Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development. Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.
    Roof:Metal3true
    Security Features:Carbon Monoxide Detector(s)true
    Security Features:Smoke Detector(s)true
    Sewer:Public Sewertrue
    SqFt Details:Basement Total SqFt896
    SqFt Details:Basement Unfinished SqFt896
    SqFt Details:Finished SqFt Level 12250
    SqFt Details:Garage Total SqFt0
    Structure Type:Housetrue
    Style:Cottagetrue
    Style:Traditionaltrue
    TopographyLot Description:Clearedtrue
    TopographyLot Description:Level2true
    Utilities:Cable Connectedtrue
    Utilities:Electricity Connectedtrue
    Utilities:Natural Gas Connectedtrue
    Utilities:Phone Connectedtrue
    Utilities:Sewer Availabletrue
    Utilities:Water Connectedtrue
    Walls:Drywalltrue
    Water:Publictrue
    Window Features:Double Pane Windowstrue
    Window Features:Insulated Windowstrue
    Window Features:Window Treatmentstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Addington Agency Bristol
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