Property Description

Listing Status

• More Listing Info

  AC:Window Unit(s)	true
  Appliances:Electric Range	true
  Appliances:Refrigerator	true
  Contract Info:Foreclosure	No
  Exterior Finish:Vinyl Siding	true
  General Property Description:Above Grade SqFt	560.0
  General Property Description:Acres	1.7
  General Property Description:Baths - Full	1
  General Property Description:Deed Book #2	1832
  General Property Description:Deed Page #2	290
  General Property Description:Elementary School3	Lincoln
  General Property Description:High School3	Morristown West
  General Property Description:HOA YN	No
  General Property Description:Home Warranty	No
  General Property Description:Lot Dimensions	See aerials
  General Property Description:Middle School2	Lincoln Heights
  General Property Description:Total Rooms2	3
  General Property Description:Total SqFt Finished	560.0
  General Property Description:Total SqFt Unfinished	0.0
  General Property Description:Zoning2	Rs
  Heating:Other12	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	45.31
  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
  Roof:Shingle	true
  Sewer:Septic Tank	true
  SqFt Details:Basement Total SqFt	0
  SqFt Details:Finished SqFt Level 1	560
  SqFt Details:Garage Total SqFt	0
  Structure Type:House	true
  Style:Other3	true
  Style:See Remarks2	true
  TopographyLot Description:Other18	true
  TopographyLot Description:See Remarks	true
  Walls:Other24	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

Listing Courtesy: