EXTREMELY RARE 4 PLEX with a classic LONG RANGE SMOKY MOUNTAIN VIEW with each units used as a SHORT TERM RENTAL ! ! ! Potential to add a 5TH RENTAL UNIT!!! 2025 GROSS RENTAL INCOME @ $187,930!!! Units A, B & C are 3BR /… Read More 2.5BA townhome floor plans. Unit D is a 2BR / 2BA unit. For the VALUE ADD or FORCED EQUITY investors, there is potential to add a 5TH RENTAL UNIT!!! Unit C has an unfinished area directly above it that that could be converted into a 5TH UNIT, similar to Unit D, if the new buyer chooses. The size of the potential 5TH UNIT would be the same as Unit D at approximately 1400sqft. Each unit has a great LONG RANGE VIEW from the rear of the property. Units A & C have 2 decks and Unit B has 4 (3 decks out back with the view and one covered deck in front of the property overlooking the parking area). Please note in some listing photos show trees were not cleared, but have been recently removed. TOO MANY UPGRADES to list them all: new metal roof, new HVACs for every unit, new hot water heaters for every unit, new kitchen cabinets & granite in Units A & C, new electric fireplaces, new furniture, a new $15,000 water treatment and storage system with UV light so each unit gets purified water when they need it, new smart locks, new plumbing system where water can be shut off to one unit but the other three do not have to do without water, etc., etc. The seller has a background in construction and they have spared no expense in time and/or budget bringing this property back to life with minimal worries about critical system failures. TWO LOTS will also convey with the property: the one in which is it built and the lot to the right of the property (as you're facing the fourplex). HIGH SPEED BROADBAND INTERNET via Comcast/Xfinity available for each unit! Seller is open to transferring equipment leases to new owner to ensure no lack of service for tenants but Buyer will have to work with Comcast/Xfinity to get it setup prior to closing. With many multifamily properties, parking is often a problem. Not here! TONS OF PARKING for each unit without crowding everyone together. There are also 3 park-style grills for the mandatory outdoor BBQs guests demand. This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller. Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar. This property has a VERY HIGH OCCUPANCY RATE, so if you're in town but can't schedule a walkthrough yourself, please ask the listing agent for the WALKTHROUGH VIDEOS and they will be sent to you. Read Less
Courtesy of eXp Realty, LLC 7720
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family
Beds
11
Full Baths
8
Partial Baths
3
Square Ft.
6,360
Lot Size
1.41 Acres
Year Built
1990
MLS Number
313437
30 Days Snapshot Of 37876
$746k
+17%
(avg) sold price
39
+18%
homes sold
122
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Basement
Finished
Building
Built in 1990, 6,360 above grade finished area, Building area total: 6,360, Levels: Three Or More, Architectural style: Townhouse
Cooling
Electric
Fireplaces
Electric, 4 total fireplaces
Heating
Electric
Lot
1.41 acres, 61,420 square feet, Size: 1
Parking
1 carport space, Driveway, Off Street
Property
View: Mountain(s), Seasonal, Zoning: A1 per TR
Roof
Metal
Sewer
Septic Tank
Taxes
Tax annual amount: $1,924, Tax year: 2025
Utilities
Electricity Connected, High Speed Internet Connected, Sewer Connected, Water Connected
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castillorealtytn.com
August 25, 2026
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