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3125 Tanglewood Drive

Sevierville, TN 37876
  • $865,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 268049
UPDATED: 48 min ago
$865,000
  • 3
    BEDS
  • 1.87
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 4,060
    SQFT
  • $213
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2002
County:
Area:

School Ratings & Info

Listing courtesy of Century 21 MVP.


Description

Seller will contribute $15,000 for a rate buy down for buyer. This 3 bedroom with 4 bonus sleeping rooms, 4060 sq ft premier short term rental investment is perfectly located the smoky mountains resort area. Fully remodeled and furnished it has been designed to book out and cash flow with top line amenities like entertainment room for 10, pool table room, hot tub and multiple Master suites. This property allows an investor to fully book it out and still enjoy staying in the home. With a cap rate over 10 this offers a way to diversify your portfolio into the growing short term rental market. Projected income of $115,000 per year. Roughly $900-$1,100 in monthly expenses. Taxes are extremely low in Sevier County. 2022 taxes were under $1,000 for this property. Drone photography used. Video walkthru here: https://www.youtube.com/watch?v=3IqzOgIwRuM

Monthly Payment Calculator

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2024-02-25T00:15:52.63.
www.realestatewithsuzanne.com/homes/146902772
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3125 Tanglewood Drive Sevierville, TN 37876

  • Price: $865,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 48 min ago
  • ID#: 268049
3
Beds
3
Baths
0
½ Baths
1.87
Acres
4,060
SQFT
$213
$/SQFT
2002
Built
Neighborhood:
Tanglewood
County:
Sevier
Area:
Sevierville
Property Description
Seller will contribute $15,000 for a rate buy down for buyer. This 3 bedroom with 4 bonus sleeping rooms, 4060 sq ft premier short term rental investment is perfectly located the smoky mountains resort area. Fully remodeled and furnished it has been designed to book out and cash flow with top line amenities like entertainment room for 10, pool table room, hot tub and multiple Master suites. This property allows an investor to fully book it out and still enjoy staying in the home. With a cap rate over 10 this offers a way to diversify your portfolio into the growing short term rental market. Projected income of $115,000 per year. Roughly $900-$1,100 in monthly expenses. Taxes are extremely low in Sevier County. 2022 taxes were under $1,000 for this property. Drone photography used. Video walkthru here: https://www.youtube.com/watch?v=3IqzOgIwRuM
Exterior Features

Access County Road Construction BlockWood Siding Exterior Features GuttersWooded Foundation Basement Garage Capacity 0.00 Garage Type None Porch Patio Deck Deck Roof Composition Style Cabin

Interior Features

Appliances DishwasherDryerElectric RangeRefrigeratorSelf Cleaning OvenSmoke DetectorWasher Attic None Basement FinishedFullWalk-Out Access Bonus Rooms No Cooling Central Air Fireplace None Heating Central Interior Features Cathedral Ceiling(s)FurnitureLarge Primary BedroomMedia RoomRecreation RoomW/D ConnectionWood Floors Sq Ft Above Grade 2030 Sq Ft Finished Basement 2030 Sq Ft Unfinished Basement 0 Stories Two

Property Features

Annual Tax 895.03 Construction Type Site Built District 13 Hoa YN No Lot Block Unit 9 Miscellaneous Mountain View Occupancy Either Owner Financing No Proposed Financing CashConventional Residential Type Single Family Restrictive Covenants No Sewer Septic System Tax Year 2022 Water Well Zoning R-1 Zoning Entity Sevier County

Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Century 21 MVP | Office Phone: 8654292121 .

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2024-02-25T00:15:52.63.
 
https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_268049-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_268049-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_268049-2.jpg
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Suzanne Walls with eXp Realty
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Century 21 MVP.