Rutledge, TN 37861
Rutledge, TN 37861
Rutledge, TN 37861
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Scottie Hooper

Scottie Hooper

+1(423) 608-9020
$699,000
Est. payment /mo
1,248 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,248 sqft

Price per Sqft $560

MLS Listing ID 1351081

Year Built 2025

Lot Dimensions 1181x1571x46x707x83x102x340x805

Source East Tennessee REALTORS® MLS

Property Description

Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.

Location

State TN

County Grainger County - 45

Rooms

Other Rooms Other

Interior

Heating Heat Pump, Electric

Cooling Central Cooling

Heat Source Heat Pump, Electric

Exterior

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Metal

Garage No

Building

Faces From US-11E N, Turn left onto Churchview St., Turn left onto TN-92 N, Turn right onto TN-375 N. Destination will be on the left. No sign on property. Latitude: 36.259541 Longitude: -83.421294

Structure Type Frame,Other

Others

Tax ID 061 056.07 000

Energy Description Electric

Acceptable Financing Other, Cash

Listing Terms Other, Cash

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Listed by Wallace

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Scottie Hooper

Scottie Hooper

+1(423) 608-9020

Broker License ID: 357007

Broker License ID: 357007

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