$349,900
Pending
49 Days Online
2 Beds1 Bath6,048 SQFT
Pending

1014/1016 SE Ellis Dr Cleveland, TN 37323

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Discover a remarkable investment opportunity nestled on approximately 3.50 lush acres. This unique property boasts six mobile homes, each occupied by long-standing renters, ensuring a steady income stream right from the start. All homes are well-maintained, featuring central heating and air conditioning for year-round comfort, as well as durable metal roofs for added peace of mind. Each residence benefits from its own septic system, fostering a sense of independence and ease of management. Additionally, a spacious 30-foot by 40-foot block building graces the property, complete with electricity and a half bath. This versatile space is perfect for a workshop, storage, or could be adapted to suit a variety of entrepreneurial activities. The thoughtful layout emphasizes privacy and accessibility, with ample space between homes to ensure a comfortable living environment. Surrounded by the tranquil beauty of the area, residents enjoy a serene lifestyle while remaining connected to essential services and community features. This property is not just a purchase; it's a strategic investment in a stable and proven income generator. With all units currently occupied and in good standing, you can start benefiting from your investment immediately. Do not miss out on this chance; schedule your private showing today to see the potential and promise that awaits at this multi-family dwelling. Unlock the door to a valuable addition to your investment portfolio.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyBradley
  • Taxes$853
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusPending
  • MLS ID Number1379966
  • Home Size Source N/A
  • Year Built1980
  • Lot Size3.5 Acres
  • Full Baths1
  • Partial BathsN/A

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General Features

  • Style 1 LevelMobile Home 1 Story
  • Construction Aluminum Siding
  • Parking Off Street Parking
  • Sewer Septic Tank
  • Basement None
  • Acreage 3.5
  • Water Public
  • Property Sub Type Single Family Residence
  • Foundation Slab

Interior Features

  • Cooling CentralElectric
  • Heating CentralElectric
  • Appliances Electric Range - Free StandingRefrigeratorWater Heater - Electric
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof Metal
  • Exterior Exterior Features: Porch Covered
  • Lot Level

Community Features

  • Association Dues 0

Schools

School District
Unknown
Elementary School
Waterville Elementary
Middle School
Lake Forest Middle School
High School
Bradley Central High

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Monthly Payment (Est.)

$1,700
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