1714-1720 Phillips Town Rd Bulls Gap TN 37711

Price: $199,000

Property Description

Great investment opportunity located just 10 minutes from Rogersville’s Main Street and 5 minutes from Cherokee Lake. Convenient to industry, major retail, restaurants, and schools. This 1-acre park has a stable rental history with 4 park-owned homes.  All are 3-bedroom, 2 bath.  Current gross rental income of $2350 per month with low taxes, reliable collections, and good cash flow. City water and power are individually metered and billed directly to tenants. Excellent property for a first-time investor or someone looking to add to their existing portfolio. Showings scheduled for preapproved buyers only with minimum 24-hour notice. DO NOT DISTURB TENANTS.

Call for your appointment today!  Buyer’s prequalification letter or proof of funds is required for all showings.

Details

MLS NUMBER: 9953374
LOT SIZE: approximately 1 acre
EXTFIN: Metal
HEAT:  Forced Air
AIR:  Window Air Conditioners
WATER: Water-Public
SEWER:  Septic
APPLIANCES: Range, Refrigerator

Community Information

SULLIVAN COUNTY TAXES:  $312
CITY TAXES:  $0
ELEMENTARY SCHOOL:  Bulls Gap
MIDDLE SCHOOL:  Bulls Gap
HIGH SCHOOL:  Cherokee