TN > Cleveland
Cleveland, TN 37323,1014/1016 Ellis DR
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Cleveland, TN 37323,1014/1016 Ellis DR
Cleveland, TN 37323,1014/1016 Ellis DR
Cleveland, TN 37323,1014/1016 Ellis DR
Cleveland, TN 37323,1014/1016 Ellis DR
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Pending

1014/1016 Ellis DR Cleveland, TN 37323

6,048 SqFt

UPDATED:

10/02/2024 02:26 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,048 sqft

Price per Sqft $57

MLS Listing ID 1240267

Originating Board East Tennessee REALTORS� MLS

Year Built 1980

Lot Dimensions 263x458x489x152x133x201

Property Description

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.

Location

State TN

County Bradley County - 47

Rooms

Other Rooms Mstr Bedroom Main Level

Interior

Heating Central, Electric

Cooling Central Cooling

Flooring Other

Appliance Range, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Porch - Covered, Fenced - Yard

Garage Off-Street Parking

Garage Description Off-Street Parking

Roof Type Metal

Parking Type Off-Street Parking

Garage No

Building

Faces From the intersection of 25th Street and N Ocoee Street, head towards the bypass for 4.9 miles. Turn left onto Blackburn Road and continue .7 miles. Turn left onto Ellis Drive for .2 miles. The property will be on the right.

Structure Type Other

Schools

Elementary Schools Waterville

Middle Schools Lake Forest

High Schools Bradley

Others

Restrictions No

Tax ID 065k g 008.00, 009.00, 009.00 001, 015.01

Energy Description Electric

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Award Realty

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