$1,150,000
$1,300,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
St Hwy 62 Wartburg, TN 37887
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1124261
Sold Date 05/13/21
Originating Board East Tennessee REALTORS® MLS
Year Built 1998
Property Description
Incredibly maintained and level, 7.8 acre property, complete with a a total of 23 units and plenty of room to add more. All completely rented, & majority are long term tenants. High demand in the area has more possible tenants sitting on a waiting list. Of the current 23 units on the premises; 17 are well maintained mobile homes, 3 very clean houses and finally, a pristine triplex. All of the units have their own off street parking/driveways & concrete sidewalks. Each location has its own septic system/records.The units also boast 50 year metal roofs, under ground utilities, vinyl siding, under pinning surrounded by gravel, extra insulation under the units and encasing all water pipes, all water heaters/washers have leak pans beneath. The owner's attention to detail is impossible to miss!
Location
State TN
County Morgan County - 35
Area 7.8
Rooms
Other Rooms Other
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate, Hardwood, Carpet, Vinyl, Other
Appliance Dishwasher, Handicapped Equipped, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Windows - Insulated, Handicap Accessible, Porch - Covered, Deck
Garage On Premise Parking, Carport, Off-Street Parking
Garage Description Carport, Off-Street Parking, On Premise Parking
Roof Type Metal
Parking Type On Premise Parking, Carport, Off-Street Parking
Garage No
Building
Faces From Knoxville, Head toward Oak Ridge using TN-162 N. & and TN-62 W. Pass through Oak Ridge and head towards Oliver Springs. Once to Oliver Springs, Turn right to stay on TN-62 W. When getting close to downtown Wartburg, turn left onto Liberty Rd. Then, left onto Herbert Heidel Rd. No sign on property.
Additional Building Shed(s)
Structure Type Vinyl Siding,Other
Others
Restrictions No
Tax ID 108038.00
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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