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$425,000 For Sale

608-667 Equestrian Circle
Seymour, TN 37865

7 units | Multi Family Home - MLS# 1061166
Property Photo
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Description

10 lots, 8 of them occupied by homes currently. 2 available. See breakdown under the doc tab. Brings in over 40K a year currently with potential for over 65K! Rent them all or live in one and let the tenants pay your mortgage. Your chance to own the mountain. Gorgeous views up top! There is a master meter for the park water (individuals on each home to monitor for leaks). $40 extra in with rent for water. Electric is paid separately by each tenant. Septic tanks were all pumped less than 2 years ago. There are 4 electrical connections for RV/Camper hook-ups. Owner will leave all 7 storage buildings and the master water meter, along with his John Deere riding mower (60'' cut 20 HP diesel) AT&T internet available. Convenient location! Incredible potential!

Features

  • # Units Leased: 5
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Area: All Areas
  • Community: Seymour
  • Construction: Frame, Steel
  • Cooling: Ceiling Fan, Central Cooling
  • County/Area: Blount County
  • Driveway: Gravel
  • Exterior Features: Deck
  • Floors: Carpet, Laminate, Vinyl
  • Fuel: Electric
  • Garage/Parking: Off-Street Parking
  • Heat: Central, Heat Pump
  • Income/Expenses: Annual Oper Expenses: 5531
  • Income/Expenses: Gross Annual Income: 44412
  • Income/Expenses: Net Operating Income: 38881
  • Listing Status: Active
  • Misc Features: Hot Tub, Internet Available, Walk-In Closets, Washer/Dryer Connect
  • Miscellaneous: Porch, Storage Space, Washer/Dryer Cnctns
  • Other Rooms: Mstr Bdrm Main Level, Office/Br Main Level
  • Owner Expenses: Exterior Maintenance, Hvac Maintenance, Insurance, Leasing Fees, Taxes, Water
  • Property Type: Multi Family Home
  • Restrictions: No
  • Roof: Metal
  • Siding: Metal
  • Sq.Ft.: 9916
  • Sub Type: Multi Family Home
  • Subdivision: Pickens Gap Mobile Home Park
  • Subdivision/Neighborhood: Pickens Gap Mobile Home Park
  • Tenant Expenses: Cooling, Electricity, Heating, Telephone, Trash Collection
  • Type of Units: 2 Bedroom Unit, 3 Or More Bdrm Units
  • Units: 7
  • Utilities/Mo Avg: 280
  • Year Built: 1999
  • Zip Code: 37865
agent photo
Wanda Hendryx
Realty Executives Advantage
405 Boyds Creek Hwy
Seymour, TN 37865
Phone: 865 609-7654
Fax: (865) 609-7577
Email: wanda@wandahendryx.com

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