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Blue Ridge Properties Listing
117-125 Ridgeview Drive, Elizabethton, TN 37643 (MLS #9988336)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi Family
Sub Type: Multi Family
MLS Number: 9988336
Lot Acreage: 2.96000
Living Area: 0
Year Built:2020
Elementary School: Hunter
Middle School: Hunter
High School: Unaka
Public Remarks: The only thing better than this investment opportunity is the mountainous backdrop. These five beautiful cabins are already producing well with room for growth. These homes offer 576 square feet on one level with one bathroom, one bedroom, and large decks overlooking the gorgeous mountains. They are situated on the same 2.96 acre parcel with possibility for future building sites. These also share a water meter, electrical meter, and septic tank. All five are leased with month-to-month lease terms. Renting easily as long term rentals, they would also be highly successful as short term rentals as well. These beautifully built homes with the gorgeous views are the perfect addition to any investor's portfolio. Located in Elizabethton in close proximity to Watauga Lake, various popular hiking trails, the Watauga River, Roan Mountain, and even a short drive to NC skiing, this is a beautiful destination both long term and short term tenants. ***Also see MLS#9986985 for a listing that adds 5 more cabins for a total of 10 homes.
Listing Courtesy:Property Executives Johnson City
More Listing Info:
AC:Wall Unit(s): true
Appliances:Cooktop: true
Appliances:Range: true
Appliances:Refrigerator: true
Contract Info:Foreclosure: No
Easements:None12: true
Exterior Finish:Wood Siding: true
Flooring:Luxury Vinyl: true
General Property Description:# Buildings: 5
General Property Description:# of Units: 5.0
General Property Description:Acres: 2.96
General Property Description:Elementary School3: Hunter
General Property Description:High School3: Unaka
General Property Description:HOA YN: No
General Property Description:Lot Dimensions: see acres
General Property Description:Middle School2: Hunter
General Property Description:Total Units: 5
General Property Description:Zoning2: commercial
Heating:Electric: true
Income and Expenses:Gross Annual Income: 5350
Income and Expenses:Vacancy Rate %: 100.0
Info Available:ProfitLoss Statement: true
Interior Features:Eat-in Kitchen: true
Interior Features:Open Floorplan: true
Laundry Features:Electric Dryer Hookup: true
Laundry Features:Washer Hookup: true
Levels:One: true
Location Tax Legal Info:City Taxes: 0.0
Location Tax Legal Info:County Taxes: 3637.11
Location Tax Legal Info:Deed Book #: 509
Location Tax Legal Info:Deed Page #: 590
PorchPatioDeck:Rear Porch: true
Property Condition:Above Average: true
Remarks Misc:Directions3: From Broad Street in Elizabethton, Turn Left onto US-19E N. In .2 miles, turn Right onto SR-91 N. Turn Left onto Airport Rd and stay left onto Judge Ben Allen Rd. Go 1 mile to Ridgeview Dr. Turn left as you continue up the hill. Turn left to the cabins. Use 301 Judge Ben Allen for GPS
Remarks Misc:Public Remarks7: The only thing better than this investment opportunity is the mountainous backdrop. These five beautiful cabins are already producing well with room for growth. These homes offer 576 square feet on one level with one bathroom, one bedroom, and large decks overlooking the gorgeous mountains. They are situated on the same 2.96 acre parcel with possibility for future building sites. These also share a water meter, electrical meter, and septic tank. All five are leased with month-to-month lease terms. Renting easily as long term rentals, they would also be highly successful as short term rentals as well. These beautifully built homes with the gorgeous views are the perfect addition to any investor's portfolio. Located in Elizabethton in close proximity to Watauga Lake, various popular hiking trails, the Watauga River, Roan Mountain, and even a short drive to NC skiing, this is a beautiful destination both long term and short term tenants. ***Also see MLS#9986985 for a listing that adds 5 more cabins for a total of 10 homes.
Roof:Metal3: true
Sewer:See Remarks25: true
Sewer:Septic Tank: true
Structure Type:Cabin4: true
Structure Type:Multi Family: true
Style:Cabin3: true
Style:Ranch2: true
TopographyLot Description:Sloped: true
Unit 1:# Bathrooms5: 1.0
Unit 1:# Bedrooms3: 1
Unit 1:# Units: 1
Unit 1:Monthly Rent: 950
Unit 1:SqFt6: 576
Unit 2:# Bathrooms4: 1.0
Unit 2:# Bedrooms4: 1
Unit 2:# Units2: 1
Unit 2:Monthly Rent2: 1100
Unit 2:SqFt5: 576
Unit 3:# Bathrooms3: 1.0
Unit 3:# Bedrooms5: 1
Unit 3:# Units3: 1
Unit 3:Monthly Rent3: 1100
Unit 3:SqFt2: 576
Unit 4:# Bathrooms2: 2.0
Unit 4:# Bedrooms6: 2
Unit 4:# Units4: 2
Unit 4:Monthly Rent4: 2200
Unit 4:SqFt: 1152
Walls:Drywall: true
Water:Public: true
Window Features:Insulated Windows: true
