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714-720 Phillips Town Road

Bulls Gap, TN 37711
  • $215,000
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 9953374
$215,000
  • 12
    BEDS
  • 1.05
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,876
    SQFT
  • $55
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity located just 10 minutes from Rogersville's Main Street and 5 minutes from Cherokee Lake. Convenient to industry, major retail, restaurants, and schools. This 1-acre park has a stable rental history with 4 park-owned homes. All are 3-bedroom, 2-bath. Current gross rental income of $2350 per month with low taxes, reliable collections, and good cash flow. City water and power are individually metered and billed directly to tenants. Excellent property for a first-time investor or someone looking to add to their existing portfolio. Showings scheduled for preapproved buyers only with minimum 24-hour notice. DO NOT DISTURB TENANTS. Call for your appointment today!

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© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-09-22T00:00:23.853.
www.house2homesearch.com/homes/140861000
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714-720 Phillips Town Road Bulls Gap, TN 37711

  • Price: $215,000
  • Status: Active
  • On Site: 90 Days
  • MLS #: 9953374
12
Beds
8
Baths
0
½ Baths
1.05
Acres
3,876
SQFT
$55
$/SQFT
Neighborhood:
Not In Subdivision
County:
Hawkins
Elementary School:
Bulls Gap
Middle School:
Bulls Gap
High School:
Cherokee
Property Description
Great investment opportunity located just 10 minutes from Rogersville's Main Street and 5 minutes from Cherokee Lake. Convenient to industry, major retail, restaurants, and schools. This 1-acre park has a stable rental history with 4 park-owned homes. All are 3-bedroom, 2-bath. Current gross rental income of $2350 per month with low taxes, reliable collections, and good cash flow. City water and power are individually metered and billed directly to tenants. Excellent property for a first-time investor or someone looking to add to their existing portfolio. Showings scheduled for preapproved buyers only with minimum 24-hour notice. DO NOT DISTURB TENANTS. Call for your appointment today!
Exterior Features

Exterior Finish Metal Siding Lot Dimensions 1.05Ac Parking Features Gravel Style 1 Story Topography Lot Description Level

Interior Features

Ac Window Unit(S) Appliances RangeRefrigerator Heating Forced Air Laundry Features Electric Dryer HookupWasher Hookup

Property Features

Auction No Building1 Monthly Rent 550 Building2 Monthly Rent 700 Building3 Monthly Rent 550 Building4 Monthly Rent 550 City Taxes 0.00 County Taxes 312.00 Easements None Expenses Include Lawn MaintTaxes Real Estate Foreclosure No Income And Expenses Annual Utility Expenses 0 Income And Expenses Gross Annual Income 24600 Property Condition AverageBelow Average Property Sub Type Multi-Family Sewer Septic Tank Short Sale No Utilities Cable Connected Water Public Zoning N/A

Listing information © 2023 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Patti Burton of Blue Ridge Properties: (423) 247-4181.



© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-09-22T00:00:23.853.
 
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