For Sale For Rent
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bedrooms
bedrooms
4
bathrooms
bathrooms
4
square feet
square feet
0
acreage
Acreage
1.44
open houses
Open Houses
-
year built
year built
1985
full baths
Full Baths
4
half baths
Half Baths
0
Income-Producing 5-Unit multi-family property offers immediate rental income and room to grow. Each unit is a 1bed/1 bath, approximately 600 sq fteach, for a total of 3,000 sq ft.Three units are currently rented, with the center section offering flexibility for two more one bedroom units or a 2 bedroom unit-buyer's choice.Key Features:Mountain Views from every unitTwo septic tanks on siteNew Whirpool waher, dyer and refrigerators in the 2 end unitsNew Mini-Split HVAC unit for one of the 2 unfinished units5 electric meter bases ( 4 Currently installed)Trex material for an additional porchCleared and compacted second building site with perk test completed - ideal for 3 additonal 1 bedroom units or a 3 bedroom home.Currently producing $2100.00 a month, with the potential to reach $6,400.00 a month once the second build site is developed. Located only 20 minutes from Gatlinburg and The Great Smoky Mountains National Park, this property sets in the heart of East Tennesee's outdoor paradise- perfect for long-term or short term rentals.Don't miss this rare opputunity to own a versatile, income-producing property with endless potential and million -dollar views !!
Location
Subdivision -
County Cocke
Elementary School Cosby K-12
Middle School Cosby (K-12)
High School Cosby (K-12)
open houses Open houses
None scheduled.
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MLS number: 707336
Listing agent: Joe Shults #307896
Listing broker: Mason Realty Company (423) 623-1235
Copyright © 2025 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, April 25 2025 at 1:51 p.m. EDT
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