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200 202 West Main Street
Mount Carmel TN 37645
MLS #9994141 · Listing Courtesy of The Addington Agency Bristol
$350,000
Active
6
Beds
2
Baths
2,250
Sq Ft
1
Acres
1945
Built
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.
Property Facts
Property TypeResidential
Sub TypeSingle Family Residence
MLS Number9994141
Above Grade Sq Ft2,250
Lot Dimensions100x407
City Taxes$679.99
County Taxes$1,092.73
Basement Sq Ft896
Garage Sq Ft0
Elementary SchoolMt Carmel
Middle SchoolChurch Hill
High SchoolVolunteer
Features & Amenities
Interior
Block Basement
Carbon Monoxide Detector(s)
Ceiling Fan(s)
Ceramic Tile Flooring
Concrete Basement
Double Pane Windows
Drywall Walls
Eat-in Kitchen
Electric Dryer Hookup
Electric Range
Floor Furnace Heating
Hardwood Flooring
Insulated Windows
Interior Entry Basement
Natural Gas Heating
Refrigerator
Smoke Detector(s)
Solid Surface Counters
Sump Pump Basement
Two-Level
Unfinished Basement
Wall Unit(s)
Washer Hookup
Window Treatments
Exterior
Asbestos Exterior
Asphalt
Back Porch/Patio
Block Foundation
Cleared Lot
Cottage
Detached
Driveway
Enclosed
Level Lot
Metal Roof
Traditional
Vinyl Siding Exterior
Other
Average Condition
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Connected
Public Sewer
Public Water
Sewer Available
Water Connected
Directions
From 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.
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Additional Information
Contract InfoForeclosureNoEasementsNoneYesGarageCarport Spaces1General Property DescriptionBlock1Deed Book1,249Deed Page45HOANoHome WarrantyNoLot Number14Senior CommunityNoStories2Total Rooms14Total Finished SqFt2,250Unfinished SqFt896ZoningMX-2SqFt DetailsBasement Unfinished SqFt896Finished SqFt Level 12,250Structure TypeHouseYes
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