1528 Monteagle Falls Road, Monteagle, TN
Multi-family for Sale - $199,900 - 3,456 Sq. Ft. on 3.62 acres
Property Info
CIMLS# | 1051902 |
Location 1528 Monteagle Falls Road Monteagle TN 37356 | |
Updated | July 18th, 2019 |
Type | Multi-family |
Price | $199,900 |
Building | 3,456 Sq. Ft. |
Land | 3.62 acres |
Property Description
Several economically constructed tiny homes or efficiency homes located in Monteagle with good dining and access to I24 and the world. Seller has been in business here for 20 plus years. 3.62 acres of land and 6 rental units. Enough land to expand operations if desired. Monthly income from this property is $ 2,100.00 per month. As a result of the lack of economic activity in Grundy County, Seller has had little trouble renting these efficiency homes. At $ 350.00 per month The rent indicates that the rental charge would finance a $ 35,000 purchase.