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Off market
  • $539,200

    114 Victory Ln, Elizabethton, TN 37643

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1990
    -- sqft lot
    $539,200 Zestimate®
    $--/sqft
    $1,199 Estimated rent

    Home value

    $539,200

    $421,000 - $690,000

    $1,199/mo

    Zestimate® history
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    What's special

    17.21 Wooded, secluded acres improved with a private home, A-Frame guest house, commercial garage building and an 11 unit mobile home park. Approximately 1,755 lineal feet of nicely paved driveway meanders through wooded acreage, taking you to this hilltop investment opportunity. Owner built chalet style home, an A Frame cottage, a detached workshop garage with bath, ten single wide mobile homes and one double wide mobile home are all included in this package deal. Currently, the owner lives in the large chalet style home, rents all of the mobile homes, uses the garage workshop himself and the A frame as a guest house. But, all of it offers tremendous rental income potential. The main house offers three levels with 2 bedrooms and 2 baths, the A Frame is a 1 bedroom, 1 bath cottage and the detached garage with bath can be rented for commercial or storage usage. Income from just the mobile homes alone total $4,743 per month with projected income from the two houses and garage boosting the income potential greatly for this well maintained mobile home park, private home, guest house and garage. The owner lives in the chalet style home which is located withing the premises of the mobile home park and carefully screens all renters and is there to maintain the property and the units. As a result, this investment property is ready to turn over to a new owner in well maintained condition with all mobile homes fully rented. The 17.02 plus acres affords total privacy for all living units on site and also allows for the potential to expand the park. Eight of the single wide mobile homes are rented through the Section 8 program with rental income guaranteed. This is an excellent investment opportunity for those seeking quality rental income property. All info. taken from Tax Records. Buyer/buyer's Agent to verify all.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Flooring: Concrete, Hardwood, Laminate
    • Windows: Insulated Windows
    • Basement: Interior Entry, Block, Exterior Entry, Garage Door
    • Has fireplace: Yes

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    Features
    • Patio & porch: Deck, Wrap Around
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 17.21 Acres
    • Features: Rolling Slope, Few Trees, Mountainous
    Details
    • Additional structures: Outbuilding
    • Parcel number: 034j A 005.05
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Chalet
    Condition
    • Above average
    • Year built: 1990

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Elizabethton

    Other

    Other facts
    • ViewYN: true
    • WaterSource: Public
    • Sewer: Septic Tank
    • Heating: Forced Air, Propane
    • ZoningDescription: Multi-Family
    • Appliances: Dishwasher, Refrigerator, Range
    • FireplaceYN: true
    • GarageYN: true
    • ArchitecturalStyle: Chalet
    • CarportYN: true
    • HeatingYN: true
    • Flooring: Laminate, Hardwood, Concrete
    • Utilities: Cable Available
    • PatioAndPorchFeatures: Deck, Wrap Around
    • CoolingYN: true
    • PropertyCondition: Above average
    • FoundationDetails: Block
    • Cooling: Window Unit(s), Central Air
    • BodyType: Double Wide, Single Wide
    • WindowFeatures: Insulated Windows
    • NumberOfBuildings: 2
    • CoveredSpaces: 8
    • ConstructionMaterials: T111, Drywall, Paneling
    • Basement: Interior Entry, Block, Exterior Entry, Garage Door
    • LaundryFeatures: Washer Hookup, Electric Dryer Hookup
    • OtherStructures: Outbuilding
    • View: Mountain(s)
    • StructureType: Site Built
    • LotFeatures: Rolling Slope, Few Trees, Mountainous
    • NumberOfUnitsTotal: 11.00
    • ParkingFeatures: Asphalt
    • VacancyAllowanceRate: 0.00
    • Roof: Architect Shingle
    • MlsStatus: Contingent - Show
    • CoListAgentEmail: russswanay@gmail.com
    • CoListAgentFullName: Russ Swanay
    • GrossIncome: 56808
    • TaxAnnualAmount: 2410
    • Body type: Double Wide, Single Wide

    Price history

    DateEventPrice
    11/25/2020Sold$450,000-9.1%
    Source: TVRMLS #9911863 Report a problem
    9/24/2020Pending sale$494,900
    Source: Russ Swanay Real Estate Compan #9911863 Report a problem
    8/18/2020Listed for sale$494,900
    Source: Russ Swanay Real Estate Compan #9911863 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Biltmore

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Keenburg
    • Middle: Keenburg
    • High: Elizabethton

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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