Description
MOTIVATED SELLER! CALLING ALL INVESTORS!!! This perfect long term, short term or residential property converted to 6 unit apartment house that offers endless possibilities with 4020 sqft of finished living space. Ideally located minutes of Dollywood, Pigeon Forge, Gatlinburg, Great Smokies Mountain National Park, all the main attractions, shops and restaurants. Also close to schools, grocery stores, hospital and much more. This apartment house needs TLC, has existing long term rental tenants currently on month to month rentals producing total of $72,000 rental income annually. 4 of 6 unit has an open floor plan. 2 unit has 2 bedroom, 1 bathroom, kitchen, dining area each. 2 units has 1 bedroom, 1 bathroom, dining area and a kitchen each. 2 units are studio style with a bathroom each. One of the units a washer/dryer and there is a laundry room on the bottom floor. Their are 6 units total. Plenty of storage and a huge parking space that could fit more 10 vehicles. A great feature of this fabulous investment property has little over of 2 acres land with possibility of building more cabins/house, also allows overnight rentals and the deck wraps around the house. New owners could keep current tenants that is producing income or convert this property to overnight rental property, for example: one big cabin with several rooms and game room or short term's rental suits. Possibilities are endless! Property is sold 'As is'.
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8BEDS
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2.1ACRES
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6BATHS
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01/2 BATHS
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4,020SQFT
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$0$/SQFT
School Ratings & Info
Description
MOTIVATED SELLER! CALLING ALL INVESTORS!!! This perfect long term, short term or residential property converted to 6 unit apartment house that offers endless possibilities with 4020 sqft of finished living space. Ideally located minutes of Dollywood, Pigeon Forge, Gatlinburg, Great Smokies Mountain National Park, all the main attractions, shops and restaurants. Also close to schools, grocery stores, hospital and much more. This apartment house needs TLC, has existing long term rental tenants currently on month to month rentals producing total of $72,000 rental income annually. 4 of 6 unit has an open floor plan. 2 unit has 2 bedroom, 1 bathroom, kitchen, dining area each. 2 units has 1 bedroom, 1 bathroom, dining area and a kitchen each. 2 units are studio style with a bathroom each. One of the units a washer/dryer and there is a laundry room on the bottom floor. Their are 6 units total. Plenty of storage and a huge parking space that could fit more 10 vehicles. A great feature of this fabulous investment property has little over of 2 acres land with possibility of building more cabins/house, also allows overnight rentals and the deck wraps around the house. New owners could keep current tenants that is producing income or convert this property to overnight rental property, for example: one big cabin with several rooms and game room or short term's rental suits. Possibilities are endless! Property is sold 'As is'.
Copyright 2025 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Weichert, REALTORS - Tiger Rea | Office Phone: 865-940-1430 .