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110 Ferry Road, Surgoinsville, TN 37873 - $425,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Lease Sub Type: MLS Number: 9979350
Living Area: 1,277 Lot Acreage: 5 Year Built: 1957
Elementary School: Middle School: High School:
Property Description
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 Status
Active
  • More Listing Info
    AC:Central Airtrue
    AC:Heat Pump3true
    Business Type:MobileTrailer Parktrue
    Contract Info:ForeclosureNo
    Development Status:See Remarks37true
    Easements:None12true
    Electric Service:See Remarks36true
    Exterior Finish:Vinyl Sidingtrue
    General Property Description:Acres4.7
    General Property Description:Annual Lease49020.0
    General Property Description:HOA YNNo
    General Property Description:LeaseYes
    General Property Description:Lot Size2See acreage
    General Property Description:Stories31.0
    General Property Description:Total SqFt Finished1277.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2Residential
    Heating:Centraltrue
    Heating:Heat Pump2true
    Info Available:Aerialtrue
    Info Available:Leases2true
    Info Available:Rental Rolestrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes505.81
    Location Tax Legal Info:Deed Book #1501
    Location Tax Legal Info:Deed Page #249
    Location Tax Legal Info:Lot #3
    Other Equipment:Range2true
    Other Equipment:See Remarks38true
    Property Condition:Averagetrue
    Property Condition:Fixertrue
    Remarks Misc:Directions3From 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 Remarks2Investor'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.
    Restrictions:See Remarks34true
    Road Access:Sharedtrue
    Roof:Metal3true
    Sale Includes:See Remarks35true
    Sewer:Septic Tanktrue
    Utilities:Water Availabletrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Greater Impact Realty Kingsport
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