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Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,181 sqft
Price per Sqft $298
MLS Listing ID 2834867
Sold Date 10/10/23
Year Built 1998
Annual Tax Amount $1,709
Lot Dimensions Not noted
Property Description
Looking for a great nightly rental opportunity? This Property is currently listed on Airbnb and has grossed $55,885.64 as of the end of August for 2023 (it grossed $88,870.68 in 9 months in 2022). This property host 3 - one bedroom units on 1.63 level acres with 300 ft. of creek frontage and seasonal mountain views. All units are one level, private and all with beautiful views of Cosby creek. There is also room for expansion. 2 car garage could be converted to 4th unit and there is still space on right side of property to build a tiny house or add an RV. New 2nd driveway added in 2022. New Exterior paint and stain. Unit 1 has a queen bed, sleeper sofa, new kitchen, new flooring in LR, 2 gas fireplaces, screened porch and new hot tub. Unit 2 is a Studio with King bed, vaulted ceilings, stunning kitchen, with double ovens, gas range, quartz counter tops, wood burning fireplace, covered porch and new hot tub. Unit 1 and 2 can also adjoin to make a larger unit. Unit 3 has King bed and queen sleeper sofa, sunroom and large bedroom with new kitchen and luxury bath w soaker tub. New HVAC system in all 3 units and new interior paint throughout. To top it all off, you are on rushing Cosby Creek at one of it's deepest points. No flood insurance required. Sold furnished with existing reservations. There are so many options with this property, you could even live in one unit and rent the other two. Easy access off of 321N, near popular Carver's Orchard within 30 mins of Gatlinburg or 40 mins to Hot Springs, NC. Buyer to honor existing reservations with current mtg co. DO NOT ENTER PROPERTY WITHOUT AGENT Owner/agent
Location
State TN
County Cocke County
Interior
Heating Central, Electric, Propane, Zoned
Cooling Central Air, Other
Flooring Carpet, Wood, Laminate, Tile
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N false
Private Pool false
Building
Structure Type Frame,Other
New Construction false
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Leigh Ann Parkinson
REALTOR® Agent ABR® SRS® | License ID: 357037
REALTOR® Agent ABR® SRS® License ID: 357037