$280,000
$300,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,756 SqFt
SOLD DATE : 08/14/2023
Key Details
Sold Price $280,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,756 sqft
Price per Sqft $159
Subdivision Not In Subdivision
MLS Listing ID 9951828
Sold Date 08/14/23
Style Farmhouse
Bedrooms 3
Full Baths 2
HOA Y/N No
Total Fin. Sqft 1756
Originating Board Tennessee/Virginia Regional MLS
Year Built 1930
Lot Size 5.030 Acres
Acres 5.03
Lot Dimensions IRR
Property Description
Located in Del Rio, this beautiful property presents a unique investment opportunity. Sitting on 5 acres of unrestricted land, this property boasts a 1930's farmhouse with a loft, a guest cottage, and a 35x50 pole barn. These homes share a well but have their individual septic systems. The main house has undergone some renovation, providing the opportunity to finish the remodel and design it using your creative mind. The home features a stamped metal roof and a large wood-burning stove in the living room, along with 3 bedrooms and 2 baths. The smaller home is a cozy 2-bedroom, 1-bath cottage. Nestled amidst a natural barrier of trees, this property offers privacy and a peaceful retreat. Across the road from the French Broad River, you have access to a range of outdoor activities like fishing, canoeing, kayaking, and more. The guest house is already rented, making this a great investment property with an opportunity to generate rental income. You could also rent the main house or develop it into a bed and breakfast, or utilize it for AirBNB. Alternatively, you could add tiny homes to the property to increase the rental income potential. This property has immense potential and is ready for you to bring your vision to life. Don't miss out on this fantastic investment opportunity.
Location
State TN
County Cocke
Community Not In Subdivision
Area 5.03
Zoning Residential
Direction From I81 exit 8 take Hwy 25 South. Turn left at the red light. Continue straight and house will be on left just past Mannings Chapel.
Rooms
Other Rooms Barn(s), Outbuilding
Basement Dirt Floor, Interior Entry
Interior
Interior Features Primary Downstairs, Kitchen/Dining Combo
Heating Space Heater
Cooling Window Unit(s)
Flooring Carpet, Hardwood, Vinyl
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Yes
Window Features Single Pane Windows,Window Treatment-Negotiable
Heat Source Space Heater
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature See Remarks
Garage Driveway
View Mountain(s)
Roof Type Metal
Topography Part Wooded, Rolling Slope
Porch Covered, Deck, Porch
Parking Type Driveway
Building
Entry Level One and One Half
Foundation Block
Sewer Septic Tank
Water Shared Well
Architectural Style Farmhouse
Structure Type Vinyl Siding,Plaster
New Construction No
Schools
Elementary Schools Parrottsville
Middle Schools Out Of Area
High Schools Out Of Area
Others
Senior Community No
Tax ID 058 049.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Non Member • Non Member