Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9979351

Lot Acreage: 4.70000

Living Area: 0

Year Built:1957

Elementary School: Surgoinsville

Middle School: Surgoinsville

High School: Volunteer

Public Remarks: Investor's Dream in Surgoinsville, TN - Turnkey Income Property with Expansion Potential! Don't miss this rare opportunity to own a high-performing commercial property in the scenic hills of Surgoinsville, Tennessee. Situated on 5 acres, this multi-income property includes: • 3 Bed / 2 Bath Home - Ideal for owner occupancy or additional rental income • 55' Garage + RV Carport - Perfect for large equipment or storage rental • 3 Single Wide Mobile Homes & 1 Double Wide - All included • 3 Mobile Homes Under Rent-to-Own Contracts - Providing reliable long-term income • 3 RV Lots Rented - All leases will convey to the new owner • 10% Vacancy Rate - Strong current cash flow • Spectacular Mountain & Seasonal River Views - A major draw for renters This property is already producing solid monthly profit, and there's room to grow - space available for 4 additional RVs or 2 more mobile homes. Whether you're looking to expand your portfolio or step into a ready-to-go income-generating property, this is your shot. This is more than real estate - it's a business in a box. With contracts in place, low vacancy, and high demand, this is a money maker that won't last long. Schedule your showing today and secure your place in one of Tennessee's most beautiful and business-friendly areas. Buyer/buyer agent to verify that all information contained here in is accurate.

Listing Courtesy:Greater Impact Realty Kingsport

More Listing Info:

AC:Central Air: true

AC:Heat Pump3: true

Appliances:Range: true

Basement:Block4: true

Basement:Concrete3: true

Basement:Dirt Floor: true

Body Type:Double Wide: true

Body Type:Single Wide: true

Community Features:None32: true

Contract Info:Foreclosure: No

Door Features:ENERGY STAR Qualified Doors: true

Easements:None12: true

Expenses Include:Lawn Maint: true

Expenses Include:WaterSewer: true

Exterior Finish:Vinyl Siding: true

Fireplace:Insert: true

Flooring:Vinyl: true

Foundation:Block6: true

General Property Description:# Buildings: 7

General Property Description:# of Units: 6.0

General Property Description:Acres: 4.7

General Property Description:Elementary School3: Surgoinsville

General Property Description:High School3: Volunteer

General Property Description:HOA YN: No

General Property Description:Home Warranty2: No

General Property Description:Lot Dimensions: See acreage

General Property Description:Middle School2: Surgoinsville

General Property Description:Senior Community YN3: No

General Property Description:Stories2: 1

General Property Description:Total Units: 6

General Property Description:Zoning2: Residential

Heating:Central: true

Heating:Heat Pump2: true

Income and Expenses:Annual Operating Expenses: 1800

Income and Expenses:Annual Utility Expenses: 2607

Income and Expenses:Gross Annual Income: 42380

Income and Expenses:Net Annual Income: 33100

Income and Expenses:Vacancy Rate %: 10.0

Info Available:Aerial: true

Interior Features:Garden Tub: true

Levels:One: true

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 505.81

Location Tax Legal Info:Deed Book #: 1501

Location Tax Legal Info:Deed Page #: 249

Location Tax Legal Info:Lot #: 3

Other Structures:Gazebo: true

Parking Features:Carport: true

PorchPatioDeck:Front Porch: true

PorchPatioDeck:Porch: true

Property Condition:Average: true

Property Condition:Fixer: true

Remarks Misc:Directions3: From Kingsport, head west on 11-W toward Surgoinsville, turn left on Main Street, then turn left on Ferry Rd. Property will be on the right.

Remarks Misc:Public Remarks2: Investor's Dream in Surgoinsville, TN - Turnkey Income Property with Expansion Potential! Don't miss this rare opportunity to own a high-performing commercial property in the scenic hills of Surgoinsville, Tennessee. Situated on 5 acres, this multi-income property includes: • 3 Bed / 2 Bath Home - Ideal for owner occupancy or additional rental income • 55' Garage + RV Carport - Perfect for large equipment or storage rental • 3 Single Wide Mobile Homes & 1 Double Wide - All included • 3 Mobile Homes Under Rent-to-Own Contracts - Providing reliable long-term income • 3 RV Lots Rented - All leases will convey to the new owner • 10% Vacancy Rate - Strong current cash flow • Spectacular Mountain & Seasonal River Views - A major draw for renters This property is already producing solid monthly profit, and there's room to grow - space available for 4 additional RVs or 2 more mobile homes. Whether you're looking to expand your portfolio or step into a ready-to-go income-generating property, this is your shot. This is more than real estate - it's a business in a box. With contracts in place, low vacancy, and high demand, this is a money maker that won't last long. Schedule your showing today and secure your place in one of Tennessee's most beautiful and business-friendly areas. Buyer/buyer agent to verify that all information contained here in is accurate.

Roof:Metal3: true

Sewer:Septic Tank: true

Structure Type:House: true

Structure Type:Manufactured House: true

Structure Type:Mixed Use: true

Structure Type:Multi Family: true

Style:Cottage3: true

Style:See Remarks40: true

TopographyLot Description:Pasture2: true

TopographyLot Description:Rolling Slope: true

Unit 1:# Bathrooms5: 2.0

Unit 1:# Bedrooms3: 3

Unit 2:# Bathrooms4: 2.0

Unit 2:# Bedrooms4: 4

Unit 2:Monthly Rent2: 1000

Unit 3:# Bathrooms3: 2.0

Unit 3:# Bedrooms5: 2

Unit 3:Monthly Rent3: 385

Unit 4:# Bathrooms2: 1.0

Unit 4:# Bedrooms6: 2

Walls:Drywall: true

Walls:Paneling: true

Water:Public: true

Window Features:Double Pane Windows: true