Multifamily (Multi-Family)

525 Pear Tree Ln, Elizabethton, TN 37643

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FOR SALE

Price: $225,000 Price Per ft²: $inf List Date: 2024-07-03 DOM: 66
City Tax: $0 County Tax: $136

Year Built: 1989

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 0.30 acre(s) Lot Dimensions: 100 x 150 Topography: Level

Heating: Heat Pump Cooling: Heat Pump Water & Sewage: Public

Appliances: Range, Refrigerator

Description

CASH FLOW SPECIAL !!! This property has two separate 3BR/2BA mobile homes and a 2BR/1BA single wide and an extra mobile home/camper slot with water electric and septic. All three mobile homes and the extra mobile home slot each have a separate paved driveway. One of the 3BR/2BA mobile homes have just been painstakingly and completely remodeled. It is currently unrented due to listing this property. The other two are currently rented but the rent hasn't been adjusted for years. Consequently the current rental rate is ridiculously low. This property should be bringing in approximately $2,950/mo but that would require raising the current renter's rate. All facts here in deemed reliable but must be verified by the buyer.