1418 School House Gap Road, Sevierville, TN 37876
- $400,000
- 1
- BD
- 2
- BA
- 1,152
- SqFt
- List Price
- $400,000
- MLS#
- 313269
- Status
- PENDING
- Type
- Single Family Residential
- City
- Sevierville
- County
- Sevier
- Bedrooms
- 1
- Bathrooms
- 2
- Living Area
- 1,152
- Lot Size
- 10,018
- Year Built
- 2004
- Subdivision
- Sky Harbor
- Occupancy
- Either
Property Description
OWNER FINANCING AVAILABLE ! ! ! See below for seller's acceptable terms and ask Listing Agent for more details on how to proceed. 2025 GROSS RENTAL INCOME @ 42,386 ! ! ! 430+ REVIEWS with a RATING OF 4.9+ !!! Unbelievable long term performance! Well-seasoned and proven STR rental cabin strategically located halfway between Pigeon Forge and Gatlinburg. Main floor features an open concept living area with living room and kitchen with dine-in table. Top floor features an open concept bedroom with ensuite bathroom. Both floors have a walkout deck with a seasonal mountain view. This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller. Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar. *** OWNER FINANCING TERMS *** Seller requests: - 20% or more down payment - 7% interest rate - 5 yr balloon payment - 30 year amortization - interest only monthly payments are acceptable - No pre-payment penalty if paid in full or refinanced early.
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Additional Information
- Acres
- 0.23
- HOA Frequency
- Annually
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer
- Basement
- Crawl Space
- Cooling
- Electric
- Fireplace
- Yes
- Living Area
- 1,152
- Lot Dimensions
- 98M X 150M X IRR
- Style
- Cabin
- Year Built
- 2004
- Zoning
- R1
Mortgage Calculator
Agent: Matt Castle |
Office: eXp Realty, LLC 7720 |
Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .