$295,000
$349,900
15.7%For more information regarding the value of a property, please contact us for a free consultation.
10141016 Ellis Drive #SE Cleveland, TN 37323
784 SqFt
Key Details
Sold Price $295,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $376
MLS Listing ID 2782818
Sold Date 11/08/24
HOA Y/N No
Year Built 1980
Annual Tax Amount $853
Lot Dimensions 263x458x489x152x133x201
Property Description
Discover a remarkable investment opportunity nestled on approximately 3.50 lush acres. This unique property boasts six mobile homes, each occupied by long-standing renters, ensuring a steady income stream right from the start. All homes are well-maintained, featuring central heating and air conditioning for year-round comfort, as well as durable metal roofs for added peace of mind. Each residence benefits from its own septic system, fostering a sense of independence and ease of management. Additionally, a spacious 30-foot by 40-foot block building graces the property, complete with electricity and a half bath. This versatile space is perfect for a workshop, storage, or could be adapted to suit a variety of entrepreneurial activities. The thoughtful layout emphasizes privacy and accessibility, with ample space between homes to ensure a comfortable living environment. Surrounded by the tranquil beauty of the area, residents enjoy a serene lifestyle while remaining connected to essential services and community features. This property is not just a purchase; it's a strategic investment in a stable and proven income generator. With all units currently occupied and in good standing, you can start benefiting from your investment immediately. Do not miss out on this chance; schedule your private showing today to see the potential and promise that awaits at this multi-family dwelling. Unlock the door to a valuable addition to your investment portfolio.
Location
State TN
County Bradley County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Metal
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
Elementary Schools Waterville Community Elementary School
Middle Schools Lake Forest Middle School
High Schools Bradley Central High School
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