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GREAT INVESTMENT OPPORTUNITY! This unique Tellico Plains property has endless possibilities for your entrepreneur dreams. Located on the side of the main Highway it gets non-stop traffic for drive-by exposure. The property has 1 studio apartment and another apartment with 1 bedroom. Both apartments include rustic furnishings and decor and each have a full bathroom and some kitchenette space. The apartments come fully furnished. The building also includes an 840SF space with a full bathroom and laundry room with washer/dyer. This space is zoned commercial and has numerous possibilities whether you turn it into a third apartment, use it as a store or run a small restaurant. Outside you will find tons of unique character and adequate parking. The side of the building has an oversized carport which would make the perfect entertainment space or parking/storage. This property really has so much to offer and is just minutes to town with dining and shopping. Also nearby is hiking, Cherahala Skyway, and Tellico River. Come be apart of the Tellico Plains community and put your business dreams to work! **Seller will consider owner financing with 30% down**
Property Type(s):
Multi Family
Last Updated | 12/18/2024 | Tract | None |
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Year Built | 1976 | County | Monroe |
SCHOOLS
Elementary School | Coker |
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Jr. High School | Tellico Middle |
High School | Tellico High |
Price History
Prior to Dec 18, '24 | $299,900 |
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Dec 18, '24 - Today | $289,900 |
Additional Details
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Bar Fridge, Cooktop, Dryer, Free-Standing Electric Range, Microwave, Refrigerator, Washer |
CONSTRUCTION | Wood Siding |
EXTERIOR | Private Yard, Storage |
HEAT | Electric, Other, Propane |
INTERIOR | Open Floorplan |
LOT | 0.4 acre(s) |
LOT DESCRIPTION | Level, Sloped, Views |
LOT DIMENSIONS | 150 x 118.3 |
PARKING | Gravel, Parking Lot |
SEWER | Septic Tank |
STORIES | 1 |
STYLE | Other |
SUBDIVISION | None |
TAXES | 561 |
UTILITIES | Cable Available, Electricity Connected, Propane |
VIEW | Yes |
VIEW DESCRIPTION | Creek/Stream, Trees/Woods |
WATER | Private, Well |
Location
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