424 Hayes Drive, Kodak, TN 37764 (MLS# 1267511)


$320,000
424 Hayes Drive
Kodak, TN 37764
MLS# 1267511
Status: Pending - Continue to Show - Financing



424 Hayes Drive, Kodak, TN 37764
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Property Description
This beautiful basement ranch duplex is currently on an Airbnb rental program and is already generating income! But could easily be switched to an owner-occupied property with a rental unit above or below if that is what you are looking for! Seller added a common area pergola with grill! Seller has also updated the hot water heaters, added some new lighting, and updated the septic system. This property has two separate electric meters and a shared water meter. The storage building, all appliances, and furniture convey with the property! Lawn mower and weed eater do not convey.

Details
Maps
Location, Tax & Legal Info
House #: 424
Street Name: Hayes
St Suffix: Drive
State/Province: TN
Zip Code: 37764
Area: Sevier County - 27
City/County Code: County
PIN #: 008D B 007.00
Subdivision: Dumplin Valley Baby Farm
Total Tax: 454
Geo Lat: 35.992949
Geo Lon: -83.592347
Contract Info
Auction Y/N: No
Listing Price: 320000
Current Price: $320,000
Status: Pending - Continue to Show - Financing
Listing Date: 2024-06-25
Cooperation Comp: 2
Compensation Type: %
General Property Description
Lot Dimensions: 282.49x268.86IRR
Number of Units: 2
Utilities/Mo Avg: 170
Year Built: 1995
Property Status: N/A
Driveway: Gravel
Lease Information: This duplex is currently being rented through Airbnb and can remain or be removed at any time.
Remarks & Misc
Directions: Take Winfield Dunn Parkway to E Dumplin Valley Rd., follow E Dumplin Valley and Cate Byrd to Hayes Drive (looks like the road ended but keep going, driveway is gravel.
Public Remarks: This beautiful basement ranch duplex is currently on an Airbnb rental program and is already generating income! But could easily be switched to an owner-occupied property with a rental unit above or below if that is what you are looking for! Seller added a common area pergola with grill! Seller has also updated the hot water heaters, added some new lighting, and updated the septic system. This property has two separate electric meters and a shared water meter. The storage building, all appliances, and furniture convey with the property! Lawn mower and weed eater do not convey.
Status Change Info
Status Change Date: 2024-07-01
Under Contract Date: 2024-07-01
Income/Expenses
Gross Annual Income: 28000
Annual Oper Expenses: 9046
Net Operating Income: 18954
Property Features
Property Sub-Type: Duplex
Type of Units: 2 Bedroom Unit; Furnished
Sale Includes: All Furnishings; Building and Land
Floors: Hardwood; Laminate; Vinyl
Owner Expenses: Common Area Maintenance; Electricity; Exterior Maintenance; HVAC Maintenance; Insurance; Janitorial Service; Lawn Maintenance; Roof Maintenance; Supplies; Trash Collection; Water
Fuel: Electric
Heat: Other
Cooling: Wall Cooling
Appliances: Dryer; Gas Grill; Microwave; Range; Refrigerator; Smoke Detector; Washer
Construction: Block
Roof: Asphalt; Shingle
Siding: Other
Garage/Parking: Off-Street Parking; On Premise Parking
Exterior Features: Porch - Covered; Shed
Misc Features: Drapes; Internet Available; Washer/Dryer Connect
Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level
Miscellaneous: Washer/Dryer Cnctns
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns

Listing Office: Southern Charm Homes

Office Phone: 865-518-4324

Last Updated: July - 01 - 2024

424 Hayes Drive, Kodak, TN 37764 - MLS# 1267511
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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