St Hwy 62, Wartburg, TN 37887

$1,150,000
Property Type: Multi-Family Lot Size (sq. ft.): 8 Status: Closed
Current Price: $1,150,000 List Date: 12/02/2020 Last Modified: 7/06/2023

Overview

Description

Incredibly maintained and level, 7.8 acre property, complete with a a total of 23 units and plenty of room to add more. All completely rented, & majority are long term tenants. High demand in the area has more possible tenants sitting on a waiting list. Of the current 23 units on the premises; 17 are well maintained mobile homes, 3 very clean houses and finally, a pristine triplex. All of the units have their own off street parking/driveways & concrete sidewalks. Each location has its own septic system/records.The units also boast 50 year metal roofs, under ground utilities, vinyl siding, under pinning surrounded by gravel, extra insulation under the units and encasing all water pipes, all water heaters/washers have leak pans beneath. The owner's attention to detail is impossible to miss!

Listing Details MLS# 1124261

Location Tax Legal Info

Street Name
St Hwy 62
State/Province
TN
Zip Code
37887
PIN #
108038.00

Contract Info

Auction Y/N
No
Listing Price
1300000

General Property Description

Lot Size SqFt
7.8
Number of Units
23
# Units Leased
23
Year Built
1998
Property Status
N/A
Restrictions
No
Driveway
Yes
Lease Information
Contact agent for details.
Lot Dimensions
No
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2021-05-13
Under Contract Date
2021-04-21
Sold Date
2021-05-13

Location, Tax & Legal Info

Area
Morgan County - 35
City/County Code
County
Total Tax
51.01

Remarks & Misc

Directions
From Knoxville, Head toward Oak Ridge using TN-162 N. & and TN-62 W. Pass through Oak Ridge and head towards Oliver Springs. Once to Oliver Springs, Turn right to stay on TN-62 W. When getting close to downtown Wartburg, turn left onto Liberty Rd. Then, left onto Herbert Heidel Rd. No sign on property.
Public Remarks
Incredibly maintained and level, 7.8 acre property, complete with a a total of 23 units and plenty of room to add more. All completely rented, & majority are long term tenants. High demand in the area has more possible tenants sitting on a waiting list. Of the current 23 units on the premises; 17 are well maintained mobile homes, 3 very clean houses and finally, a pristine triplex. All of the units have their own off street parking/driveways & concrete sidewalks. Each location has its own septic system/records.The units also boast 50 year metal roofs, under ground utilities, vinyl siding, under pinning surrounded by gravel, extra insulation under the units and encasing all water pipes, all water heaters/washers have leak pans beneath. The owner's attention to detail is impossible to miss!

More Information

Property Sub-Type

Other
Yes

Construction

Other
Yes

Type of Units

Other
Yes

Siding

Vinyl
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Porch
Yes
Washer/Dryer Cnctns
Yes

Cooling

Central Cooling
Yes
Other
Yes

Floors

Carpet
Yes
Hardwood
Yes
Laminate
Yes
Vinyl
Yes

Garage/Parking

Carport
Yes
Off-Street Parking
Yes
On Premise Parking
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Handicapped Equipped
Yes
Range
Yes
Refrigerator
Yes
Other
Yes

Other Rooms

Other
Yes

Roof

Metal
Yes

Exterior Features

Deck
Yes
Handicap Accessible
Yes
Porch - Covered
Yes
Shed
Yes
Windows - Insulated
Yes

Misc Features

Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes
Other
Yes

Property Features

Property Sub-Type: Other Type of Units: Other Sale Includes: Building and Land Floors: Carpet; Hardwood; Laminate; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling; Other Appliances: Dishwasher; Handicapped Equipped; Range; Refrigerator; Other Construction: Other Roof: Metal Siding: Vinyl Exterior Features: Deck; Handicap Accessible; Porch - Covered; Shed; Windows - Insulated Misc Features: Washer/Dryer Connect Other Rooms: Other Miscellaneous: Porch; Washer/Dryer Cnctns New Financing: Cash; Conventional; New Loan; Other
Listing Office: Wallace
IDX
Office Phone: 865-584-4000
Last Updated: July - 06 - 2023
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.