$100,000
$125,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
1,050 SqFt
SOLD DATE : 03/15/2024
Key Details
Sold Price $100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $95
MLS Listing ID 1250682
Sold Date 03/15/24
Originating Board East Tennessee REALTORS® MLS
Year Built 2004
Lot Dimensions IRR
Property Description
Discover a unique investment opportunity with this charming property featuring two tiny homes nestled on 0.47 acres in the serene Mooresburg community. Located in the picturesque Grainger County side, these homes offer a perfect blend of tranquility and convenience.
Built in 2004, each of the 525 sq ft cabins exudes coziness and practical living. With one bedroom and one bath in each unit, they cater perfectly to small families or individuals seeking a comfortable, compact living space. Currently, one cabin is rented for $500 per month, demonstrating its potential as a steady income source, while the other awaits its new occupants or can be used as your personal retreat.
Both homes are designed with efficiency in mind, featuring washer and dryer hookups that add to the convenience of living or renting. The cabins share a water tap and septic system, ensuring low maintenance and hassle-free living.
Situated just minutes from the alluring Cherokee Lake, these homes provide quick access to a world of outdoor activities and scenic beauty. Whether you're an investor looking to expand your portfolio or someone in search of a delightful vacation getaway, this property is an ideal match.
Notably, there are no HOA fees associated with this property, allowing for more freedom and fewer expenses. Renters are responsible for their utilities, ensuring a straightforward landlord experience.
Offered at an attractive price of only $125,000, this property is not just a purchase but an investment in a lifestyle close to nature and lucrative rental possibilities. Embrace the opportunity to own a piece of Mooresburg's charm, either as a smart investment or a personal haven.
Location
State TN
County Grainger County - 45
Rooms
Other Rooms Bedroom Main Level
Interior
Heating None
Cooling Window Unit(s)
Flooring Carpet
Appliance Refrigerator
Heat Source None
Exterior
Garage Off-Street Parking
Garage Description Off-Street Parking
Roof Type Shingle
Parking Type Off-Street Parking
Garage No
Building
Faces 25E to right on Broadway. Turn right on County Line/Willis Rd. Left on County Line. Property will be on left.
Structure Type Vinyl Siding,Block
Others
Restrictions No
Tax ID 034 034.01
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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