UPDATED:
10/10/2024 12:51 PM
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $434
Subdivision Chanlet Village North
MLS Listing ID 1275597
Style Cabin,Chalet
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Fees $484/ann
Originating Board East Tennessee REALTORS® MLS
Year Built 2020
Lot Size 0.430 Acres
Acres 0.43
Property Description
Discover this charming 2-bedroom, 2.5-bathroom cabin nestled in the heart of Gatlinburg, generating an impressive gross rental income of $100,000 per year for the last three years. Built in 2020, this property offers a solid investment for those seeking a reliable rental income stream.
While the cabin is in need of updates, its potential shines through with features like three spacious decks that provide stunning views of the surrounding mountains, along with multiple living areas ideal for relaxation and entertainment. Enjoy the cozy ambiance created by the cathedral ceilings and a fireplace in the great room, perfect for creating memorable experiences.
The kitchen is equipped with ample cabinet space, granite countertops, and stainless-steel appliances, offering a great foundation for future enhancements. The bathrooms feature custom cabinets and attractive tilework, ready for your personal touch.
Conveniently located just minutes from Downtown Gatlinburg, Pigeon Forge, and the Great Smoky Mountains National Park, this cabin is perfectly positioned for both relaxation and adventure. Take advantage of this lucrative investment opportunity and unlock the full potential of this well-performing rental cabin!
Contact us today for more information or to schedule a private showing.
Location
State TN
County Sevier County - 27
Area 0.43
Rooms
Basement Finished
Interior
Interior Features Cathedral Ceiling(s)
Heating Central, Electric
Cooling Central Cooling
Flooring Vinyl
Fireplaces Number 3
Fireplaces Type Electric
Appliance Dishwasher, Microwave, Range, Refrigerator, Smoke Detector, Washer
Heat Source Central, Electric
Exterior
Exterior Feature Porch - Covered
Garage Designated Parking, Main Level
Garage Description Main Level, Designated Parking
Garage No
Building
Lot Description Private
Faces In Gatlinburg from Spur. Take Wiley Oakly dr. (next to welcome center) To Edgewood Dr on Right.
Sewer Septic Tank
Water Public
Architectural Style Cabin, Chalet
Structure Type Frame
Others
Restrictions Yes
Tax ID 126B C 028.00
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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