bedrooms
0
bathrooms
0
square feet
560
Acreage
1.7
Open Houses
-
year built
-
Full Baths
0
Half Baths
0
An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase.
Home Details:
2 bedrooms, 1 bathroom
Approximate size: 14x40 (buyer should confirm exact dimensions)
Some units have washer/dryer hookups
Window heat/air units
Rental Income:
Current rent per home: $725/month
Total current rent for 7 homes: $5,075/month
Utility Information:
Property owner covers water for all homes
Tenants pay for individual electric service
Each of the 11 spaces has electric and septic hookups available
Additional Details:
1 home is undergoing a remodel, offering the potential for increased rent
Significant upside potential for development of the remaining 4 lots
This property is a promising investment with consistent rental income and the opportunity to add value through future development.
IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Location | |
Subdivision | Not In Subdivision |
County | Hamblen |
Elementary School | Lincoln |
Middle School | Lincoln Heights |
High School | Morristown West |
Open houses
None scheduled.
Find out more
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Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, January 7 2025 at 11:43 a.m. EST
Kotohomes National