Property Description

Listing Status

• More Listing Info

  AC:Ceiling Fan(s)	true
  AC:Heat Pump3	true
  Appliances:Dishwasher	true
  Appliances:Electric Range	true
  Appliances:Refrigerator	true
  Body Type:Single Wide	true
  Contract Info:Foreclosure	No
  Easements:None12	true
  Exterior Finish:Vinyl Siding	true
  Flooring:Laminate	true
  Flooring:Luxury Vinyl	true
  Flooring:Tile2	true
  Foundation:PillarPostPier	true
  Foundation:Slab	true
  Garage:Carport Spaces	1
  General Property Description:# Buildings	2
  General Property Description:# Fireplaces	0.0
  General Property Description:# of Units	7.0
  General Property Description:Acres	1.66
  General Property Description:Elementary School3	Mosheim
  General Property Description:High School3	West Greene
  General Property Description:HOA YN	No
  General Property Description:Home Warranty2	No
  General Property Description:Lot Dimensions	1.66 Acres
  General Property Description:Middle School2	None
  General Property Description:Senior Community YN3	No
  General Property Description:Stories2	1
  General Property Description:Total Units	2
  General Property Description:Zoning2	A-1
  Heating:Electric	true
  Heating:Heat Pump2	true
  Income and Expenses:Gross Annual Income	66000
  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	2833.38
  Location Tax Legal Info:Deed Book #	534A
  Location Tax Legal Info:Deed Page #	1397
  Other Structures:Storage2	true
  Parking Features:Concrete2	true
  Parking Features:Driveway	true
  Property Condition:Average	true
  Remarks Misc:Directions3	Turn onto TN-70 N/Lonesome Pine Trail from 11E ByPass. Go approximately 2.5 miles and turn left onto Lovers Lane. Propery will be on the left.
  Remarks Misc:Public Remarks7	Excellent income-producing 7-unit Class B investment property in a peaceful country setting on approximately 1.6 acres with room for future expansion. Back property line borders Gass Creek. The property includes a 6-unit apartment building (620 Lovers Lane) built in 1979 and a separate 1994 2-bedroom single-wide mobile home (646 Lovers Lane), providing multiple income streams on one property. The apartment building consists of five 1-bedroom, 1-bath units (Units 2-6) and one spacious 2-bedroom, 1-bath unit (Unit 1). Units 2-6 feature stove, refrigerator, dishwasher, washer/dryer hookups, laminate and tile flooring, crown molding, 36'' doors, and heat pumps, with Unit 6 offering a covered porch. Unit 1 features a large private back deck and recent updates of luxury vinyl plank flooring (2025), freshly painted (2025), new tub/shower (2025). The mobile home offers 2 bedrooms and 1 bath with stove, refrigerator, space-saver microwave, washer/dryer hookups, laminate flooring, heat pump, covered back deck, and covered front porch with ramp, plus an attached carport. The property offers concrete parking (2024) with two spaces per apartment unit, additional parking, carport parking for the mobile home, and separate storage building space for tenant use. All seven units are currently leased on annual leases, providing stable income. Current rents: Unit 1 - $875/month, Units 2-6 - $750/month each, Mobile Home - $850/month. Annual Gross Income: $66,000. Each unit is separately metered for electric (tenant paid). Owner provides water, dumpster service, septic service, and yard maintenance, with the property served by 4 septic systems. Convenient location within 10 minutes from Greeneville center and 15 minutes to I-81 exits 23 & 30, within the Mosheim Elementary (K-8) and West Greene High School districts. Strong opportunity for investors seeking stable cash flow, low vacancy potential, and expansion possibilities. Property information packet available. Buyer and/or Buyer's Agent to verify all information.
  Roof:Metal3	true
  Security Features:Smoke Detector(s)3	true
  Sewer:Septic Tank	true
  Structure Type:Manufactured House	true
  Structure Type:Multi Family	true
  Style:Other53	true
  TopographyLot Description:Cleared	true
  TopographyLot Description:Level2	true
  Unit 1:# Bathrooms5	6.0
  Unit 1:# Bedrooms3	7
  Unit 1:# Units	6
  Unit 1:SqFt6	4122
  Unit 2:# Bathrooms4	1.0
  Unit 2:# Bedrooms4	2
  Unit 2:# Units2	1
  Unit 2:SqFt5	644
  Utilities:Cable Connected2	true
  Utilities:Electricity Connected	true
  Utilities:Water Connected	true
  Walls:Drywall	true
  Water:Public	true
  Window Features:Insulated Windows	true
  Videos:	(none)
  Virtual Tours:	(none)

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