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1014/1016 SE Ellis Drive

Cleveland, TN 37323
  • $349,900
  • STATUS: Active Under Contract
  • ON SITE: 414 Days
  • MLS #: 1379966
Under Contract
UPDATED: 11 min ago
$349,900
  • 2
    BEDS
  • 3.5
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 6,048
    SQFT
  • $58
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Discover a remarkable investment opportunity nestled on approximately 3.50 lush acres. This unique property boasts six mobile homes, each occupied by long-standing renters, ensuring a steady income stream right from the start. All homes are well-maintained, featuring central heating and air conditioning for year-round comfort, as well as durable metal roofs for added peace of mind. Each residence benefits from its own septic system, fostering a sense of independence and ease of management. Additionally, a spacious 30-foot by 40-foot block building graces the property, complete with electricity and a half bath. This versatile space is perfect for a workshop, storage, or could be adapted to suit a variety of entrepreneurial activities. The thoughtful layout emphasizes privacy and accessibility, with ample space between homes to ensure a comfortable living environment. Surrounded by the tranquil beauty of the area, residents enjoy a serene lifestyle while remaining connected to essential services and community features. This property is not just a purchase; it's a strategic investment in a stable and proven income generator. With all units currently occupied and in good standing, you can start benefiting from your investment immediately. Do not miss out on this chance; schedule your private showing today to see the potential and promise that awaits at this multi-family dwelling. Unlock the door to a valuable addition to your investment portfolio.

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1014/1016 SE Ellis Drive Cleveland, TN 37323

  • Price: $349,900
  • Status: Active Under Contract
  • On Site: 414 Days
  • Updated: 11 min ago
  • MLS #: 1379966
2
Beds
1
Baths
0
½ Baths
3.5
Acres
6,048
SQFT
$58
$/SQFT
1980
Built
Neighborhood:
None
County:
Bradley
Area:
Cleveland
Elementary School:
Waterville Elementary
Middle School:
Lake Forest Middle School
High School:
Bradley Central High
Property Description
Discover a remarkable investment opportunity nestled on approximately 3.50 lush acres. This unique property boasts six mobile homes, each occupied by long-standing renters, ensuring a steady income stream right from the start. All homes are well-maintained, featuring central heating and air conditioning for year-round comfort, as well as durable metal roofs for added peace of mind. Each residence benefits from its own septic system, fostering a sense of independence and ease of management. Additionally, a spacious 30-foot by 40-foot block building graces the property, complete with electricity and a half bath. This versatile space is perfect for a workshop, storage, or could be adapted to suit a variety of entrepreneurial activities. The thoughtful layout emphasizes privacy and accessibility, with ample space between homes to ensure a comfortable living environment. Surrounded by the tranquil beauty of the area, residents enjoy a serene lifestyle while remaining connected to essential services and community features. This property is not just a purchase; it's a strategic investment in a stable and proven income generator. With all units currently occupied and in good standing, you can start benefiting from your investment immediately. Do not miss out on this chance; schedule your private showing today to see the potential and promise that awaits at this multi-family dwelling. Unlock the door to a valuable addition to your investment portfolio.
Exterior Features

Architectural Style Manufactured/Mobile Attached Garage YN No Carport YN No Construction Materials Aluminum Siding Exterior Features None Fencing Partial Foundation Details Slab Garage YN No Lot Features Level Other Structures [] Parking Features GravelOff StreetUnpaved Patio And Porch Features Front PorchRear Porch Pool Features [] Roof Metal Roof Metal Yes Structure Type Manufactured House View [] View YN No Waterfront Features [] Waterfront YN No

Interior Features

Accessibility Features [] Appliances RefrigeratorElectric Range Basement [] Basement YN No Building Area Total 6048 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Other Heating CentralElectric Heating YN Yes Interior Features Primary Downstairs Laundry Features [] Levels One Window Features []

Property Features

Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Grazing Permits BLMYN No Grazing Permits Private YN No Green Energy Efficient [] Green Energy Generation [] Green Sustainability [] Green Water Conservation [] Listing Terms Cash New Construction YN No Other Equipment [] Property Sub Type Single Family Residence Security Features [] Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 853.34 Utilities Cable AvailableElectricity ConnectedPhone AvailableSewer Not AvailableWater Connected Water Source Public

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Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Award Realty: 423-476-3205.



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1830 Washington Street
Chattanooga TN, 37408