Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9974614

Lot Acreage: 1.70000

Living Area: 0

Year Built:

Elementary School: Lincoln

Middle School: Lincoln Heights

High School: Morristown West

Public Remarks: An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase. Home Details: 2 bedrooms, 1 bathroom Approximate size: 14x40 (buyer should confirm exact dimensions) Some units have washer/dryer hookups Window heat/air units Rental Income: Current rent per home: $725/month Total current rent for 7 homes: $5,075/month Utility Information: Property owner covers water for all homes Tenants pay for individual electric service Each of the 11 spaces has electric and septic hookups available Additional Details: 1 home is undergoing a remodel, offering the potential for increased rent Significant upside potential for development of the remaining 4 lots This property is a promising investment with consistent rental income and the opportunity to add value through future development. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

Listing Courtesy:LPT Realty - Griffin Home Group

More Listing Info:

AC:Window Unit(s): true

Contract Info:Foreclosure: No

Easements:Other7: true

Easements:See Remarks18: true

Exterior Finish:Vinyl Siding: true

General Property Description:Acres: 1.7

General Property Description:Elementary School3: Lincoln

General Property Description:High School3: Morristown West

General Property Description:HOA YN: No

General Property Description:Home Warranty2: No

General Property Description:Lot Dimensions: See aerials

General Property Description:Middle School2: Lincoln Heights

General Property Description:Total Units: 7

General Property Description:Zoning2: Rs

Heating:Other12: true

Levels:One: true

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 45.31

Location Tax Legal Info:Deed Book #: 1832

Location Tax Legal Info:Deed Page #: 290

Property Condition:Average: true

Remarks Misc:Directions3: Head south on US-25 E S toward Wilson Hale Rd Turn right onto Wilson Hale Rd Turn right onto TN-343 N Turn left onto Pinebrook Rd Turn right onto Sulphur Springs Rd Turn right onto Mae Collins Rd Turn left Destination will be on the right

Remarks Misc:Public Remarks2: An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase. Home Details: 2 bedrooms, 1 bathroom Approximate size: 14x40 (buyer should confirm exact dimensions) Some units have washer/dryer hookups Window heat/air units Rental Income: Current rent per home: $725/month Total current rent for 7 homes: $5,075/month Utility Information: Property owner covers water for all homes Tenants pay for individual electric service Each of the 11 spaces has electric and septic hookups available Additional Details: 1 home is undergoing a remodel, offering the potential for increased rent Significant upside potential for development of the remaining 4 lots This property is a promising investment with consistent rental income and the opportunity to add value through future development. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

Sewer:Septic Tank: true

Structure Type:Multi Family: true

Style:Other53: true

Style:See Remarks40: true

TopographyLot Description:Other18: true

TopographyLot Description:See Remarks: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 2

Unit 1:SqFt6: 560

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 2

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 2

Unit 4:# Bathrooms2: 1.0

Unit 4:# Bedrooms6: 2

Walls:Other24: true

Water:Public: true