2 Beds
1 Bath
1,117 SqFt
2 Beds
1 Bath
1,117 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,117 sqft
Price per Sqft $429
Subdivision Not In Subdivision
MLS Listing ID 10002704
Style Craftsman
Bedrooms 2
Full Baths 1
HOA Y/N No
Total Fin. Sqft 1117
Year Built 1925
Lot Size 1.610 Acres
Acres 1.61
Lot Dimensions 152x297x130x269 and 117x269
Property Sub-Type Single Family Residence
Source Tennessee/Virginia Regional MLS
Property Description
Discover an investment opportunity situated on 1.61 acres in beautiful Erwin, Tennessee! Offered at $480,000, this property features an established RV park with existing water and electrical hookups, septic infrastructure, and a 2-bedroom, 1-bathroom home.
With approximately seven campers currently occupying sites at an estimated $600 per month each, the property generates an estimated $4,200 in monthly gross rental income, or $50,400 annually, before expenses.
The property offers space for additional campers, with potential for further expansion beyond 10 sites, subject to necessary approvals, utility capacity, and site requirements.
The existing home provides additional flexibility for residential use, potential rental income, or on-site management.
Whether you're looking to expand your investment portfolio or acquire an established RV park with opportunities for growth, this East Tennessee property deserves your attention!
Offered at $480,000. Schedule your private showing today!
Buyer and buyer's agent to verify rental income, occupancy, approved site count, expansion feasibility, utilities, septic capacity, zoning, and permits.
All information is deemed reliable but not subject to buyer's verification.
Location
State TN
County Unicoi
Community Not In Subdivision
Area 1.61
Direction Traveling East on I-26 take exit 40 onto Jackson Love Hwy. In .7 miles turn right onto Love Station Road then in .5 miles your destination will be on your right.
Rooms
Other Rooms Garage(s), Outbuilding, Shed(s), Workshop
Interior
Interior Features Primary Downstairs, Entrance Foyer, Granite Counters, Remodeled
Heating Central, Heat Pump
Cooling Central Air, Heat Pump
Flooring Carpet, Laminate
Window Features Single Pane Windows,Storm Window(s)
Appliance Dryer, Electric Range, Refrigerator, Washer
Heat Source Central, Heat Pump
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Asphalt, Gravel
View Mountain(s)
Roof Type Shingle
Topography Cleared, Level
Porch Covered, Enclosed, Front Porch, Rear Porch
Building
Entry Level One
Foundation Block
Sewer Septic Tank
Water Public
Architectural Style Craftsman
Structure Type Brick,Wood Siding,Plaster
New Construction No
Schools
Elementary Schools Love Chapel
Middle Schools Unicoi Co
High Schools Unicoi Co
Others
Senior Community No
Tax ID 031p B 00900 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional