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123 Substation Road, Mooresburg, TN 37811

$325,000
  • 123 Substation Road, Mooresburg, TN 37811 Main Photo

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New to the Market Active
BEDS6 BATHS4 full MLS#712313
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNone

Property Description

Three homes. One property. Cherokee Lake access one tenth of a mile from the driveway.Out-of-state buyers keep asking the same question: how do you get on Cherokee Lake without a million dollar waterfront price tag? This is one answer. 1.68 unrestricted acres in Mooresburg with a 3-bedroom, 2-bath home remodeled top to bottom in 2020, a 2-bedroom, 1-bath home, and a 12x32 tiny home with a full kitchen, full bath, and stackable washer and dryer.Live in one. Rent the other two. Or fill all three with the people you actually want to see.Every home has its own covered porch, its own driveway, and its own electric meter. Two detached carports, a 648 square foot garage for the boat, and three storage buildings. The land is unrestricted, so you can add a septic and park campers or RVs if you want another stream of income.Here's what nobody tells you until you get here. Tennessee has no state income tax. Cherokee Lake runs 54 miles with public ramps up and down it. The Smokies are about an hour and a half southeast, and Knoxville's airport is close enough that family can fly in for a long weekend instead of planning a road trip.Cherokee Lake access is at the end of the road. This property is tucked off Hwy 11W in Hawkins County, where the road stays quiet and the ridgelines do the decorating.Three roofs, one closing, and a boat ramp at the end of the street.

123 Substation Road | MLS# 712313

This multi-family property located at 123 Substation Road, Mooresburg, TN 37811 is currently listed for sale with an asking price of $325,000. Search Mooresburg real estate on mhale.franklinrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Other, Electric
Heating: Central, Electric
Lot Size: 1.68 Acres
Roof Type: Metal
Year Built: 1985

Units

Unit Type 1:
Bedrooms: 3
Full Baths: 2
Square Footage: 924.00
Unit Type 2:
Bedrooms: 1
Full Baths: 1
Square Footage: 384.00
Unit Type 3:
Bedrooms: 2
Full Baths: 1
Square Footage: 728.00

Feature Descriptions

Appliances: Dryer, Washer, Refrigerator, Electric Oven
Exterior: Metal Siding, Vinyl Siding
Exterior: Rain Gutters, Storage
Fencing: None
Flooring: Carpet, Vinyl, Laminate
HOA Y/N: No
Interior: Ceiling Fan(s), Walk-In Closet(s), Open Floorplan, High Speed Internet, Eat-in Kitchen
Laundry: Electric Dryer Hookup, Washer Hookup, Multiple Locations, Main Level
Lot: Back Yard, Level, Irregular Lot, Front Yard
Lot Dimensions: 278.40x306.55
Outbuildings: Garage(s), Storage
Parcel #: 132 12300 000
Porch/Patio/Deck: Covered, Front Porch, Deck
Sewer: Septic Tank
Water: Public
Waterfront: Lake Privileges
Windows: Vinyl Frames

Listed By / Shown By

Listed By

Agency Name: RE/MAX Real Estate Ten Midtown
Agency Phone: (423) 581-8881

Shown By

Agent Name: Melinda Hale
Agent Phone:
Agency Title: Franklin Realty Inc.

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Estimated Payment

$ 2,087.39 per month $1,992.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $94.79 Homeowner's Insurance

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