Description
Sitting on a quiet road just on the outskirts of Pigeon Forge and Gatlinburg, this property offers solid rental income history, a vacant lot included in the sale, as well as tremendous value-add opportunity with the partially finished basement. Currently as a 2 bed 1 bath, the property grossed close to $60,000 during the last 12 months. With Plumbing/HVAC/Electrical work already complete in the basement, the new owner can add their own finishing touches to create a game room, bunk rooms, etc. in the 2 extra basement rooms. The home also has 2 separate entrances and could be used as 2 separate rental units, or one could use the vacant lot next door for a new construction cabin or whatever they choose. The current owner has invested close to $57,000 in new furniture and upgrades throughout the home as well as upgraded the decking, and brand new heat pump an AC unit. All furnishings are included. Schedule a showing today to see the true beauty of this property and all the flexibility/opportunities it has to offer.
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2BEDS
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0.85ACRES
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1BATHS
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01/2 BATHS
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1,632SQFT
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$305$/SQFT
School Ratings & Info
Description
Sitting on a quiet road just on the outskirts of Pigeon Forge and Gatlinburg, this property offers solid rental income history, a vacant lot included in the sale, as well as tremendous value-add opportunity with the partially finished basement. Currently as a 2 bed 1 bath, the property grossed close to $60,000 during the last 12 months. With Plumbing/HVAC/Electrical work already complete in the basement, the new owner can add their own finishing touches to create a game room, bunk rooms, etc. in the 2 extra basement rooms. The home also has 2 separate entrances and could be used as 2 separate rental units, or one could use the vacant lot next door for a new construction cabin or whatever they choose. The current owner has invested close to $57,000 in new furniture and upgrades throughout the home as well as upgraded the decking, and brand new heat pump an AC unit. All furnishings are included. Schedule a showing today to see the true beauty of this property and all the flexibility/opportunities it has to offer.
Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Exp Realty, Llc Nashville | Office Phone: 8885195113 .