Cleveland, TN 37323,10141016 Ellis Drive #SE
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Cleveland, TN 37323,10141016 Ellis Drive #SE
Cleveland, TN 37323,10141016 Ellis Drive #SE
Cleveland, TN 37323,10141016 Ellis Drive #SE
Cleveland, TN 37323,10141016 Ellis Drive #SE
Listed by Marcia Botts • Award Realty II

$295,000

Est. payment /mo

$349,900

15.7%
Est.Price: ?

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10141016 Ellis Drive #SE Cleveland, TN 37323

784 SqFt

SOLD DATE : 11/08/2024

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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RealTracs IDX
agent

Gerran Wheeler

Broker | License ID: 285788

+1(865) 567-9362

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