Cosby, TN 37722,3604 Mountain Creek WAY
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Cosby, TN 37722,3604 Mountain Creek WAY
Cosby, TN 37722,3604 Mountain Creek WAY
Cosby, TN 37722,3604 Mountain Creek WAY
Cosby, TN 37722,3604 Mountain Creek WAY

$650,000

Est. payment /mo

$674,900

3.7%
Est.Price: ?

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3604 Mountain Creek WAY Cosby, TN 37722

2,181 SqFt

SOLD DATE : 10/10/2023

Key Details

Sold Price $650,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,181 sqft

Price per Sqft $298

MLS Listing ID 1240059

Sold Date 10/10/23

Originating Board East Tennessee REALTORS® MLS

Year Built 1998

Lot Dimensions Not noted

Property Description

Looking for a great nightly rental opportunity? This Property is currently listed on Airbnb and has grossed $55,885.64 as of the end of August for 2023 (it grossed $88,870.68 in 9 months in 2022). This property host 3 - one bedroom units on 1.63 level acres with 300 ft. of creek frontage and seasonal mountain views. All units are one level, private and all with beautiful views of Cosby creek. There is also room for expansion. 2 car garage could be converted to 4th unit and there is still space on right side of property to build a tiny house or add an RV. New 2nd driveway added in 2022. New Exterior paint and stain. Unit 1 has a queen bed, sleeper sofa, new kitchen, new flooring in LR, 2 gas fireplaces, screened porch and new hot tub. Unit 2 is a Studio with King bed, vaulted ceilings, stunning kitchen, with double ovens, gas range, quartz counter tops, wood burning fireplace, covered porch and new hot tub. Unit 1 and 2 can also adjoin to make a larger unit. Unit 3 has King bed and queen sleeper sofa, sunroom and large bedroom with new kitchen and luxury bath w soaker tub. New HVAC system in all 3 units and new interior paint throughout. To top it all off, you are on rushing Cosby Creek at one of it's deepest points. No flood insurance required. Sold furnished with existing reservations. There are so many options with this property, you could even live in one unit and rent the other two. Easy access off of 321N, near popular Carver's Orchard within 30 mins of Gatlinburg or 40 mins to Hot Springs, NC. Buyer to honor existing reservations with current mtg co. DO NOT ENTER PROPERTY WITHOUT AGENT Owner/agent

Location

State TN

County Cocke County - 39

Rooms

Other Rooms Bedroom Main Level, Mstr Bedroom Main Level

Interior

Interior Features Cathedral Ceiling(s), Walk-In Closet(s)

Heating Central, Propane, Zoned, Electric

Cooling Central Cooling, Zoned

Flooring Laminate, Hardwood, Carpet, Tile

Furnishings true

Window Features Drapes

Appliance Dishwasher, Dryer, Washer, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave

Heat Source Central, Propane, Zoned, Electric

Exterior

Exterior Feature Windows - Vinyl, Detached Workshop, Porch - Covered, Porch - Screened, Deck, Fence - Privacy

Parking Features On Premise Parking, Attached, Carport, Garage Door Opener

Garage Spaces 2.0

Garage Description Attached, Garage Door Opener, Carport, On Premise Parking, Attached

Roof Type Metal

Total Parking Spaces 2

Garage Yes

Building

Faces From Newport go towards Cosby on Hwy 321 N to a right on Limestone Way. Turn right to go across the bridge and turn right onto Mountain Creek Way. Where the two roads fork stay to the right. Follow to home on right. See sign.

Structure Type Frame,Other

Others

Restrictions No

Tax ID 102 066.22

Energy Description Electric, Propane

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Realty Executives Associates

Lara Conrad

Broker | License ID: 366348

+1(865) 635-6544

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