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1108 &1112 South Walnut Drive, Erwin, TN 37650 - $125,000

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Blue Ridge Properties Listing

1108 &1112 South Walnut Drive, Erwin, TN 37650 (MLS #9983321)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9983321

Lot Acreage: 0.29000

Living Area: 0

Year Built:1977

Elementary School: Rock Creek

Middle School: Unicoi Co

High School: Unicoi Co

Public Remarks: This is a turnkey investment opportunity featuring two single-wide mobile homes, each offering 2 bedrooms and 1 full bath. One unit is currently occupied on a month-to-month lease at $400/month, providing immediate cash flow. The second unit is vacant but requires minimal work to be rent-ready, offering quick upside potential. With both units rented, this property could generate strong monthly income with low overhead. Whether you're looking to expand your rental portfolio or secure a low-maintenance, high-yield asset, this property checks all the boxes. Solid ROI potential with room to increase rents over time. Opportunities like this don't come around often—act quickly to capitalize on this affordable investment!

Listing Courtesy:Century 21 Legacy

More Listing Info:

AC:Window Unit(s): true

Appliances:Range: true

Appliances:Refrigerator: true

Contract Info:Foreclosure: No

Easements:Other7: true

Exterior Finish:Aluminum Siding: true

Flooring:Carpet: true

Flooring:Laminate: true

General Property Description:# Buildings: 2

General Property Description:# of Units: 2.0

General Property Description:Acres: 0.29

General Property Description:Elementary School3: Rock Creek

General Property Description:High School3: Unicoi Co

General Property Description:HOA YN: No

General Property Description:Home Warranty2: No

General Property Description:Lot Dimensions: 97 x 163

General Property Description:Middle School2: Unicoi Co

General Property Description:Senior Community YN3: No

General Property Description:Total Units: 2

General Property Description:Zoning2: Residential

Heating:Natural Gas2: true

Laundry Features:Electric Dryer Hookup: true

Laundry Features:Washer Hookup: true

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 115.51

Location Tax Legal Info:Deed Book #: 476

Location Tax Legal Info:Deed Page #: 144

PorchPatioDeck:Deck: true

Property Condition:Average: true

Remarks Misc:Directions3: Take Exit 37 toward Erwin onto US‑19W / SR‑81 / SR‑107 North Follow US‑19W N into Erwin town center (about 4.5 miles). As you approach central Erwin, turn left onto S Walnut St. Continue for a short distance to reach 1108 S Walnut St on your left.

Remarks Misc:Public Remarks2: This is a turnkey investment opportunity featuring two single-wide mobile homes, each offering 2 bedrooms and 1 full bath. One unit is currently occupied on a month-to-month lease at $400/month, providing immediate cash flow. The second unit is vacant but requires minimal work to be rent-ready, offering quick upside potential. With both units rented, this property could generate strong monthly income with low overhead. Whether you're looking to expand your rental portfolio or secure a low-maintenance, high-yield asset, this property checks all the boxes. Solid ROI potential with room to increase rents over time. Opportunities like this don't come around often—act quickly to capitalize on this affordable investment!

Roof:Metal3: true

Sewer:Septic Tank: true

Structure Type:Manufactured House: true

Style:Other53: true

TopographyLot Description:Level2: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 2

Unit 1:SqFt6: 650

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 2

Unit 2:SqFt5: 650

Water:Public: true

Window Features:Single Pane Windows: true