179 Highway 143 Roan Mountain, TN $ 149,900
179 Highway 143
$ 149,900
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179 Highway 143

Roan Mountain, TN, 37687
$ 149,900
Baths0.0

Monthly Estimate*

$ 996

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Studio

Multi-Family Home for sale in Roan Mountain, TN

for $149,900. This home was built in 1994 on a lot size of 0.91.

Investors take notice of this great opportunity for rental income! This Mobile Home Park features 4 mobile home lots that are all currently rented. This park has been well maintained and is set up for each tenant to pay their own utilities. Each lot has its own septic system. This park is currently bringing in $1,400 per month. Each tenant pays their own property taxes. Lot-1 Tenant currently has a life estate and is paying $100.00 per month maintenance fee. The Park will retain home when life estate has ended. Lot-2 Park owned singlewide is renting for $800.00 per month. This home has a new metal roof that was installed in April 2024. Lot 3- Lot rent is $275.00 per month. Currently incentivized to $175.00 per month for handling all mowing at the Park. Lot 4- Lot rent is $325.00 per month. Investment properties with such a quick return are a rare find in today's market. All information and square footage are subject to buyer verification. Please do not disturb the tenants!

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Multi-Family Contingent

Price

$ 149,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 353

Style

Lot Size

0.91

Year Built

1994

Town/City

Roan Mountain

County/Region

Carter

MLS | Web ID

9965653

Features
General
Sewer Septic Tank
Heating See Remarks
Cooling See Remarks
Zoning Commercial
Architectural Style See Remarks
Construction Materials Metal Siding Vinyl Siding
Year Built 1994
View Mountain(s)
Property SubType Multi-Family
Gross Income 16800.0
County Carter
Net Operating Income 15756.0
New Construction N
Property Type Multi-Family
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active Under Contract
Directions Traveling Highway 19E towards Roan Mountain. Turn right onto Highway 143. Mobile park home is on the left. See sign.
High School Cloudland
City Roan Mountain
View Y/N N
Lot Size Square Feet 39639.6
Carport Y/N N
Street Name Highway 143
Elementary School Cloudland
Land Lease Y/N N
Home Warranty Y/N N
Body Type Double Wide Single Wide
Middle/Junior High School Cloudland
Property Condition Above Average
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 17
Standard Status Active Under Contract
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Exterior
Parking Features Parking Spaces
Lot Features Level
Water Source Public
Lot Size Area 0.91
Spa N
Building Area Total 0.0
Lot Dimensions 39 639
Lot Size Acres 0.91
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 179
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* Excluded Features
List By
Ashley Eastridge

Listing Agent

Collins & Co. Realtors & Auctioneers

Broker

ashleywalshrealtor@gmail.com

Email

Affordability Calculator

$1,026
Per Month
97%
3%
0%
Monthly Principal & Interest
$996
Monthly Property Taxes
$29
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
857230 Elementary School
857010 Middle School
Cloudland High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$149,900 Listed Price

Map


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179 Highway 143, Roan Mountain, TN, 37687 is a Multi-Family Home for sale at $149,900 with a lot size of 0.91. 179 Highway 143 is a studio with 0.0 baths and was built in 1994. The property's zip code is 37687 which is in Roan Mountain, TN