$700,000
$1,000,000
30.0%For more information regarding the value of a property, please contact us for a free consultation.
106 Highlands Tellico Plains, TN 37385
2,880 SqFt
Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $243
Subdivision The Highlands
MLS Listing ID 1200758
Sold Date 03/06/23
Originating Board East Tennessee REALTORS® MLS
Year Built 2005
Lot Dimensions 225x86x80x32x247x55x80x317x208x244
Property Description
Looking for income producing property? This is it! Four true log cabins in the lovely Hallmark town of Tellico Plains. Each one is already booked for the fall. Cabins are full over 75% of the time and generate a combined income of over $120,000/year with potential for more! Repeat customers schedule months in advance and leave rave reviews.
Each cabin has vaulted ceiling, fireplace, hot tub, swing, rockers, king size bed, couch, tv, fully equipped kitchen, and all the supplies to make the vacationer feel at home. This friendly mountain town offers world class trout fishing, riding trails, hiking, kayaking, waterfalls, scenic overlooks, excellent dining, and tons of relaxation. Call today to check out this great investment opportunity.
Location
State TN
County Monroe County - 33
Rooms
Other Rooms Other
Interior
Heating Central, Other, Electric
Cooling Central Cooling
Flooring Hardwood
Furnishings true
Appliance Dishwasher, Refrigerator, Microwave
Heat Source Central, Other, Electric
Exterior
Exterior Feature Porch - Covered
Garage None
Roof Type Metal
Parking Type None
Garage No
Building
Faces Take Highway 68 to Tellico Plains, turn left onto Cherohala Skyway, Left onto Highway 360, left on Old Belltown Road, Right on Highlands Bluff. Gated Community. No entrance without agent.
Structure Type Log
Others
Restrictions Yes
Tax ID 127A A 028.00
Energy Description Electric, Other Fuel
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION