607 Red Bud Lane, Gatlinburg, TN 37738

$197,500
1
BD
1
BA
605
SqFt
List Price
$197,500
Price Change
▼ $2,400 1534211412
Status
ACTIVE
MLS#
214004
Bedrooms
1
Full-baths
1
Sq. Ft
605
Acres
0.2
Year Built
1995
Subdivision
Smokey Heights Gatlinburg
Days on Market
203

Property Description

LISTEN TO THE RIVER! INVEST IN "One of a Kind" DOWNTOWN GATLINBURG LOG CABIN! NEW GRANITE COUNTERTOPS. This DOWNTOWN Location is Fantastic. This log cabin has recently been upgraded, performed well on the vacation rental market, with its own top rental history, sits on nice Gatlinburg land lot, while you may listen to the Pigeon Forge river from your back porch...visit Ober Ski Resort, Great Smoky Mountain National Park, shop the strip, or dine anywhere downtown in minutes from the door of your cabin. It truly is one of kind real estate, as you can hear the river from the back porch and don't have to climb steep mountains while lodging in Gatlinburg. This studio cabin does remarkable rental income above $30k per year. Enjoy Gatlinburg as an investor and find out why it's ranked in the TOP 10 of several Travel sites including Small towns, vacation rental destinations, National Park cities, etc. You'll love the log architecture, granite countertops, premium king bed, private hot tub, full kitchen, fireplace with flat screen TV, wonderful location, and investment opportunity potential of this GATLINBURG LOG HOME. See today before it's GONE TOMORROW! Invest in a vacation cabin rental only 1 mile from North America's most visited National Park. This cabin has low HOA fees, low taxes, and city utilities in low traffic area! Seller requires this cabin to remain on incumbent vacation rental company with significant repeat business and rental performance, no less than twenty four months, via pre-closing rental agreement. Rental Company projects $65k gross rents first two years of ownership. Check out this amazing Downtown Gatlinburg log cabin today & invest in a tomorrow that celebrates our Great Smoky Mountain National Park! Book your showing today! Avoid crazy roads, bad water, & HOA fees...this cabin has none of that & is within 2-3 miles of America's Favorite National Park! A must see Gatlinburg cabin for investors!

Additional Information

Price Per Sqft
$326
Days on Market
207
Annual Tax
597.0
Tax Year
2018
Monthly Hoa Fee
$25
Style
Cabin
Stories
One
Interior Features
Ceiling Fan(s), Furniture, Whirlpool
Exterior Features
Patio, Surfaced Drive
Amenities
Hot Tub, Seasonal View
Appliances
Dishwasher, Refrigerator
Foundation
Crawl Space
Basement
None
Construction
Log
Construction Type
Site Built
Roof
Metal
Attic
Storage Only
Garage Type
None
Fireplace Type
Gas Log
Heating
Electric H/P
Cooling
Electric H/P
Sewer
Sewer
Water
Utility
Gross Amount One
30084
Year One
2016
Gross Amount Two
28625
Year Two
2017

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Mighty Peaks Realty, Llc.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2018 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .