Description
Take a look at this rare investment opportunity in beautiful, rural Coalmont, TN! If you have been looking for an established rental property, this is definitely one for you to consider. The mostly level property is home to 4 occupied mobile homes. There are 2 additional mobile homes currently being used as storage, but with some love could be income producing units again. There is also room for a new owner to explore expansion possibilities. Tenants enjoy the quiet, secluded surroundings with abundant wildlife and no through traffic. An in person showing will be scheduled upon signing of an acceptable contract in order to protect the privacy of the current tenants. Property is being sold as is. The four units that are currently occupied have a total rent income of $1990.00 per month.
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0BEDS
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3.2ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Take a look at this rare investment opportunity in beautiful, rural Coalmont, TN! If you have been looking for an established rental property, this is definitely one for you to consider. The mostly level property is home to 4 occupied mobile homes. There are 2 additional mobile homes currently being used as storage, but with some love could be income producing units again. There is also room for a new owner to explore expansion possibilities. Tenants enjoy the quiet, secluded surroundings with abundant wildlife and no through traffic. An in person showing will be scheduled upon signing of an acceptable contract in order to protect the privacy of the current tenants. Property is being sold as is. The four units that are currently occupied have a total rent income of $1990.00 per month.
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207 Stage Coach Rd Coalmont, TN 37313
Property Description
Exterior Aluminum/Vinyl Garage Parking Off Street Parking Lot Description Gradual Sloping Lot Size Dimensions 208 X 448 And 229 X 227 Roof Metal
Basement Slab Cooling Electric Description 1 Level Heating Electric Unit One Features Oven/Range
Community Features None Existing Financing None Financing CashConventional Gross Monthly Rent 1990.00 Home Warranty No Owner Pays None Possession Tenant Rights Property Sub Type Apartment Senior Community YN No Taxes 262.92 Tenant Pays All Utilities Type Of Sale Home OwnerInvestor Unit One Unit Number 1 Water Sewer Public WaterSeptic Tank
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Listing information © 2022 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: (423) 664-1600.
