1418 Mae Collins Road
Description
2 bedrooms, 1 bathroom
Approximate size: 14x40 (buyer should confirm exact dimensions)
Some units have washer/dryer hookups
Window heat/air units
Rental Income:
Current rent per home: $725/month
Total current rent for 7 homes: $5,075/month...An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase. Home Details:
2 bedrooms, 1 bathroom
Approximate size: 14x40 (buyer should confirm exact dimensions)
Some units have washer/dryer hookups
Window heat/air units
Rental Income:
Current rent per home: $725/month
Total current rent for 7 homes: $5,075/month
Utility Information:
Property owner covers water for all homes
Tenants pay for individual electric service
Each of the 11 spaces has electric and septic hookups available
Additional Details:
1 home is undergoing a remodel, offering the potential for increased rent
Significant upside potential for development of the remaining 4 lots
This property is a promising investment with consistent rental income and the opportunity to add value through future development. It is the sole responsibility of buyer and buyer agent to verify all information contained herein
- Listed by Jim Griffin • LPT Realty - Griffin Home Group
- Listed by Christopher Abla • LPT Realty - Griffin Home Group
Property Details for 1418 Mae Collins Road
Property Details for 1418 Mae Collins Road
| Status | Active |
|---|---|
| MLS # | 9971813 |
| Days on Market | 48 |
| Taxes | $45 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | - |
| Lot Size | 1.70 AC / 74,052 SF |
| County | Hamblen County |
Building Information for 1418 Mae Collins Road
Property Information for 1418 Mae Collins Road
- City: Morristown
- County: Hamblen
- Directions: Head south on US-25 E S toward Wilson Hale Rd Turn right onto Wilson Hale Rd Turn right onto TN-343 N Turn left onto Pinebrook Rd Turn right onto Sulphur Springs Rd Turn right onto Mae Collins Rd Turn left Destination will be on the right
- Latitude: 36.18
- Longitude: -83.30
- Postal Code: 37813
- State Or Province: TN
- Topography: Other, See Remarks
- MLS Area Major: 209 - Hamblen County
- MLS Area Minor: 209 - Hamblen County
- General Property Description : Zoning: Rs
- Tax Book Number: 1832
- Association: No
- Parcel Number: 049d B 010.00
- Association Fee: 0.0
- General Property Description : Deed Book: 1832
- General Property Description : Deed Page: 290
- Location Tax Legal Info : City Taxes: $.00
- Location Tax Legal Info : County Taxes: $45.31
- High School: Morristown West
- Middle Or Junior School: Lincoln Heights
- Elementary School: Lincoln
- Lot Size Dimensions: See aerials
- Lot Size Square Feet: 74,052.00
- Lot Size Acres: 1.7
- Lot Size Area: 1.70
- Lot Size Units: Acres
- Living Area: 560.00
- Building Area Total: 560.00
- General Property Description : Acres: 1.70
- General Property Description : Above Grade SqFt: 560.0
- General Property Description : Total SqFt Unfinished: 0.0
- SqFt Details : Finished SqFt Level: 560
- SqFt Details : Basement Total SqFt: 0
- SqFt Details : Garage Total SqFt: 0
- Property Condition: Average
- Property Type: Residential,Single Family Residence
- Year Built: 0
- Property Sub Type: Single Family Residence
- Property Type Label: Residential
- New Construction: No
- Showing Instructions : Sign: Yes
- Showing Instructions : Vacant: Yes
- Sewer: Septic Tank
- Water Source: Public
- Cooling: Window Unit(s)
- Laundry Features: Electric Dryer Hookup, Washer Hookup
- Bathrooms Total Decimal: 1.00
- Rooms Total: 3
- Bathrooms Total Integer: 1
- Bathrooms Total Notational: 1.00
- Cooling: Yes
- Heating: Yes
- Levels: One
- BedroomsTotal: 2
- Bathrooms Full: 1
- Appliances: Electric Range, Refrigerator
- Construction Materials: Vinyl Siding, Other
- Roof: Shingle
- Heating : Heat Pump: Other
- Roof : Shingle: Yes
Property History for 1418 Mae Collins Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1418 Mae Collins Road
Schools near 1418 Mae Collins Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Witt Elementary School PublicPK to 5 | ||
Lincoln Heights Middle School Public6 to 8 | ||
Morristown West High School Public9 to 12 | ||
Hamblen County Alternative School PublicK to 12 |
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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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 LPT Realty - Griffin Home Group, Jim Griffin (423.482.0743); LPT Realty - Griffin Home Group, Christopher Abla (423.255.7937)
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: 11/14/2024 04:37 PM