Mountain City, TN 37683,893 Crossroads DR
Mountain City, TN 37683,893 Crossroads DR
Mountain City, TN 37683,893 Crossroads DR
Mountain City, TN 37683,893 Crossroads DR
Mountain City, TN 37683,893 Crossroads DR
Mountain City, TN 37683,893 Crossroads DR
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$400,000

$450,000

11.1%
Est.Price: ?

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Est. payment /mo

1,236 SqFt


SOLD DATE : 08/22/2022

Key Details

Sold Price $400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,236 sqft

Price per Sqft $323

MLS Listing ID 9935522

Sold Date 08/22/22

Total Fin. Sqft 1236

Originating Board Tennessee/Virginia Regional MLS

Year Built 1920

Lot Size 14.000 Acres

Acres 14.0

Lot Dimensions See Acres

Property Description

INVESTMENT OPPORTUNITY!! This is a great income-producing rental property. Conveniently located and easy to access. The property consists of a mobile home park with 17 slots (land only), three storage units with an office building and a 2BR/1BA house. The three storage units consist of units that are 5x5 ($25/mo), 5x10 ($30/mo), 10x10 ($40/mo), 10x15 ($50/mo) and 15x15 ($60/mo). There are a total of 61 storage units. Four of the units are currently being used by the seller. The remainder of the units are fully rented. There is a small office building that is perfect for managing the rental units. Beside the storage units, there is 2BR/1BA house that is currently rented until February 2023 for $600 per month. Inside the home you will find a large entryway with hardwood flooring that leads to the living room. There is an eat-in kitchen that also leads to the back porch. There are two large bedrooms and a full bath with laundry. The mobile home park consists of 17 slots with four of them not currently rented. Each slot rents for $105-130 per month. The seller does not own the mobile homes. The rental units are located on approximately 14 +/- acres (according to the deed) and are a great business opportunity. Two parcel's included: 048 144.00 and 048 145.00. Buyer/buyer's to verify all info.

Location

State TN

County Johnson

Area 14.0

Zoning Commercial

Direction From Mountain City, take Hwy 421, turn left onto Crossroads Drive, property will be on the left, see sign

Interior

Cooling None

Equipment Range

Exterior

Roof Type Metal

Road Frontage City Street

Building

Sewer Septic Tank

Water Public

Structure Type Aluminum Siding

New Construction No

Others

Senior Community No

Tax ID 048 145.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Jessica Harkness • Evans & Evans Real Estate
Bought with Jackson Yates • Allen Yates Realty
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