124 Freeman Road

Oliver Springs, TN 37840

$550,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Trailer park with 4 recently renovated trailers on site all located on 12 acres! Estimated potential rental income of $5000+ per month approximately $60,000 per year. Experience peaceful country living on this 12-acre estate on Freeman Rd in Oliver Springs. Four renovated manufactured homes, including two 2-bed, 1-bath and two 3-bed, 2-bath units, are move-in ready or perfect for renting out. Enjoy the beautiful land with fruit trees, individual septic tanks for each unit, and modern HVAC systems....Trailer park with 4 recently renovated trailers on site all located on 12 acres! Estimated potential rental income of $5000+ per month approximately $60,000 per year. Experience peaceful country living on this 12-acre estate on Freeman Rd in Oliver Springs. Four renovated manufactured homes, including two 2-bed, 1-bath and two 3-bed, 2-bath units, are move-in ready or perfect for renting out. Enjoy the beautiful land with fruit trees, individual septic tanks for each unit, and modern HVAC systems. Don't miss this opportunity for a comfortable rural lifestyle or great rental opportunity. Information deemed reliable, buyer to verify.
  1. Listed by April Shepherd • Coldwell Banker Jim Henry
  2. Listed by Mackie Gasque • Coldwell Banker Jim Henry

Amenities

  • Air Conditioning
  • Fruit Trees
  • Parking Included
LISTING UPDATED: 08/24/2024 01:51 AM

Property Details for 124 Freeman Road

StatusActive
MLS #1265445
Days on Market155
Taxes$59 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1990
Lot Size0.00 AC / 0 SF
CountyRoane County

Building Information for 124 Freeman Road

Stories-Residences4Year Built1990Building Size-Lot Size0.00 AC / 0 SF

Property Information for 124 Freeman Road

Summary
Location and General Information
  • City: Oliver Springs
  • County Or Parish: Roane County - 31
  • Directions: Head northwest on TN-62 W/N Illinois Ave for 5.5 miles, then continue onto TN-61 W/W Tri County Blvd for 5.7 miles. Turn left onto TN-327 S and drive for 1.6 miles, then make a left onto Collins Rd. After 0.3 miles, turn right onto Freeman Rd.
  • Latitude: 35.972046
  • Longitude: -84.402403
  • MLS Area Major: Roane County - 31
  • MLS Area Minor: Roane County - 31
  • Postal Code: 37840
  • State Or Province: TN
  • Location Tax Legal Info Area: Roane County - 31
  • Remarks Misc Directions: Head northwest on TN-62 W/N Illinois Ave for 5.5 miles, then continue onto TN-61 W/W Tri County Blvd for 5.7 miles. Turn left onto TN-327 S and drive for 1.6 miles, then make a left onto Collins Rd. After 0.3 miles, turn right onto Freeman Rd.
Parking
  • Attached Garage: No
  • Parking Features: Carport
  • General Property Description Driveway: gravel
  • Garage Parking Carport: True
  • Garage Parking Garage Spaces: 3.0
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 013 067.07
  • Location Tax Legal Info Total Tax: 59.2
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1990
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 1004 x 685 12.58 acres
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 1004 x 685 12.58 acres
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Prof Landscaped
  • Construction Materials: Vinyl, Frame
  • Siding Vinyl: True
  • Exterior Features Prof Landscaped: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Flooring: Carpet, Vinyl
  • Heating: Yes
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Vinyl: True
  • Heat Central: True
  • Other Rooms Other: True
  • Roof Metal: True
  • Roof Shingle: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Type of Units Unfurnished: True
  • Type of Units Other: True
Rental
Rent Information
  • General Property Description Lease Information: recently renovated - owner finance deal fell through. no rent history on file.
  • Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
  • Tenant Expenses Heating: Central,Electric

Property History for 124 Freeman Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 124 Freeman Road

Taxable ValueLand-Additions$2,480Total-
Home Facts
Total Finished SqFt700 SqFtAbove Grade Finished SqFt700 SqFtStories1StyleMobile / Manufactured HomeYear Built1990CountyROANEAPN073013 06707T001

Schools near 124 Freeman Road

This home is within Roane County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Kingston Elementary School
PublicPK to 5

Bowers Elementary School
PublicPK to 5

Midtown Elementary School
PublicPK to 5

Dyllis Springs Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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124 Freeman Road is a multi-family home for sale in Oliver Springs, TN 37840. This property was listed for sale on June 6, 2024 by Coldwell Banker Jim Henry, it's currently listed at $550,000. This listing's school district is Roane County School District. Nearby schools include Kingston Elementary School, Bowers Elementary School and Midtown Elementary School. 124 Freeman Road is a 0-bed, 0-bath, multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Jim Henry, April Shepherd; Coldwell Banker Jim Henry, Mackie Gasque (865.850.1004)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 08/24/2024 01:51 AM