Investor Alert! This is a fantastic opportunity to own a well-established rental property on 5.9 surveyed acres with room to expand for even more rental income. The property includes two single-family homes and four manufactured homes, all generating steady income potential. Large All-Brick Single Family Home: 3 beds, 1 bath, with 1,362 sq ft of living space. Small All-Brick Single Family Home: 2 beds, 1 bath, with 990 sq ft. Four Manufactured Homes: Each features 2 beds, 1 bath, and 944 sq ft. Perfectly located close to Sweetwater, Vonore, Madisonville, and Tellico Lake, this property offers convenience to nearby attractions and amenities. The addresses are as follows: Large Brick Home: 3663 Small Brick Home: 3671 Manufactured Homes: 3631, 3633, and 3637 With room for expansion, this property offers endless possibilities for increasing rental income. Whether you're looking to grow your investment portfolio or explore development opportunities, this is a must-see! Don't miss out on this incredible investment opportunity - schedule a tour today and imagine the possibilities.
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The median home value in Sweetwater, TN is $221,000. This is lower than the county median home value of $222,200. The national median home value is $338,100. The average price of homes sold in Sweetwater, TN is $221,000. Approximately 44.55% of Sweetwater homes are owned, compared to 46.37% rented, while 9.09% are vacant. Sweetwater 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 Sweetwater real estate agent to arrange a tour today!
Sweetwater, Tennessee has a population of 6,228. Sweetwater is more family-centric than the surrounding county with 32.59% of the households containing married families with children. The county average for households married with children is 25.26%.
The median household income in Sweetwater, Tennessee is $37,721. The median household income for the surrounding county is $48,488 compared to the national median of $69,021. The median age of people living in Sweetwater is 43.4 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 54.9 inches per year, with 4.5 inches of snow per year.