Signal Mountain TN Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- 3,084
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 7.73 Acres
- Year built:
- 2004
- Baths:
- MLS#:
- 1503844
ADDITIONAL INFORMATION
7.73 Level Acres & Perfect Combination of Privacy and Flexibility: This former horse ranch includes the main house 3849 US 127 Hwy and the in-law/rental house at 3847 US 127 Hwy plus ¾ of a horse barn (a tree smashed the corner of it). Located exactly 10.0 miles North of the Signal Mtn stoplight, 3.7 miles from Mt Carmel (County Line Rd) and at ¼ mile it's ''stumbling distance'' from Rallo's Bar & Grill. Main house built in 2005 with 1,421 SqFt and In-law/rental home has 1,512 SqFt. Both are efficient 3-bedroom - 2-bathroom floorplans. With 7.73 mostly wooded acres, your options include keeping as a family compound or developing it into 3 to six separate homesites. With nearly 900 feet of road frontage, a commercial development is certainly within reach. Both houses are currently rental income properties and recently occupied, but all three structures could benefit from repairs and upgrades. Bring your imagination and let's see into what you can transform this property.
- Type:
- Duplex
- Sq.Ft.:
- 1,924
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.32 Acres
- Year built:
- 1975
- Baths:
- MLS#:
- 1394699
ADDITIONAL INFORMATION
FHA/VA/THDA approved financing available!!! Calling all investors!!! This duplex has been gutted down to the studs and completely remodeled and done right! NEW roof, gutters, electrical, plumbing, HVAC/ductwork, flooring, cabinets, tankless water heaters, appliance's septic and field lines, ALL NEW! This is as new as they come! Come live in one side and Air B&B/Rent the other side to help pay the mortgage for you! This property can also be brought back to commercial zoning per the seller. Come open an office on the front side for road frontage signage and live/rent the other side out. Each unit has 2 bedrooms and 1 full bath with a living room. The unit with the front entrance has 1000 sq ft and the other unit with the side entrance has 924 sq ft. The back yard is very spacious and fenced in. It also has a divider fence in the middle to separate the 2 sides.
Signal Mountain Real Estate
The median home value in Signal Mountain, TN is $468,900. This is higher than the county median home value of $285,200. The national median home value is $338,100. The average price of homes sold in Signal Mountain, TN is $468,900. Approximately 85.37% of Signal Mountain homes are owned, compared to 10.66% rented, while 3.97% are vacant. Signal Mountain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Signal Mountain real estate agent to arrange a tour today!
Signal Mountain, Tennessee 37377 has a population of 8,770. Signal Mountain 37377 is more family-centric than the surrounding county with 40.59% of the households containing married families with children. The county average for households married with children is 27.75%.
The median household income in Signal Mountain, Tennessee 37377 is $114,464. The median household income for the surrounding county is $61,050 compared to the national median of $69,021. The median age of people living in Signal Mountain 37377 is 43.9 years.
Signal Mountain Weather
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 57.2 inches per year, with 3.2 inches of snow per year.