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Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. John and Rhonda Robinson
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! Daniel and Barb Northfield
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$489,000 For Sale

1106 Tanrac Tr
Gatlinburg, TN 37738

5 units | Multi Family Home
13504 sq ft lot - MLS# 210530
Property Photo
1/36

Description

Beautiful English style 3 level building has 5 luxury long term one bedroom units with all having stone fireplaces, upscale furnishings, large covered patios, and awesome views from all levels. The large common area offers a stone fireplace, pool table, large flat screen TV, wet bar, work out area, bathroom, and laundry area. Gross monthly rental income has been $5,300 when all units were leased. One top level unit is now vacant and available to view. Current monthly gross income is $4,150. Formerly known as the Timber Rose Bed & Breakfast. Many possibilities to open up two units for larger living area or 4 units by adding a staircase if a larger home is desired.

Features

  • # 1 Bedroom Units: 5
  • 1 Bedroom Unit: 1 Bath, Dishwasher, Fireplace, Microwave, Patio/Porch, Range, Refrigerator
  • Access: Paved Road
  • Acres: 0.3100
  • Annual Rents: 63,600
  • Area: Gatlinburg
  • Construction: Frame, Wood Siding
  • Cooling: Electric H/P
  • County/Area: Sevier County
  • District: 02
  • Fireplace: Yes, See 1 Bedroom Unit
  • Heating: Electric H/P
  • Listing Status: Active
  • Lot Back: 203.5
  • Lot Front: 161.5
  • Lot Left: 109.4
  • Miscellaneous: Cable TV, Clubhouse, Community Laundry, Furnished, Furniture, Mountain View
  • Property Type: Multi Family Home
  • School Bus Service: Gatlinburg-Pittman 9-12, Pi Beta Phi K-8
  • Sewer: Septic, Septic Permit On File
  • Sub Type: Multi Family Home
  • Subdivision: Limberlost
  • Subdivision/Neighborhood: Limberlost
  • Units: 5
  • Water: Utility
  • Year Built: 1993
  • Zip Code: 37738
  • Zoning: C-1
  • Zoning Entity: Sevier County
  • View: Yes, See Miscellaneous

Cosby Real Estate, Inc.