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164 Sanders Rd, Madisonville, TN 37354

$365,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 304,920 Status: Active
Current Price: $365,000 List Date: 1/05/2024 Last Modified: 1/05/2024

Description

This property is a unique opportunity to purchase a moneymaking property as the Cellphone tower on the property still has 26 year of contact left on the tower. Bringing the new owner well over an estimated $200K in profits over the remaining years. Take the remaining 7 acres of ground and put you a small family homestead or a multi family home on the property. The barn is included with the property with a little love can be brought back to life. Some small restrictions such as no single wides, no pig farms, no junk yards will be added to the deed upon time of the sale to protect your investment and others around the property. Contact the listing agent for more details about the property and what all this unique property offers. Seasonal mountain view's are available from the property as well.

More Information MLS# 1249403

Location, Tax & Legal Info

House #: 164 Street Name: Sanders St Suffix: Rd State/Province: TN Zip Code: 37354 Area: Monroe County - 33 City/County Code: County PIN #: 091 064.00 Total Tax: 824.17 Geo Lat: 35.46719 Geo Lon: -84.380234

Contract Info

Auction Y/N: No Listing Price: 365000 Current Price: $365,000 Status: Active Listing Date: 2024-01-05 Cooperation Comp: 2 Compensation Type: %

General Property Description

Lot Dimensions: 1x1x1x1 Acres: 7 Acre Source: Other Restrictions: Yes Property Status: N/A

Remarks & Misc

Directions: From Highway 68 turn right on to Old Tellico Highway S and then turn right on to Sanders Rd. The property is about a mile up the road. Public Remarks: This property is a unique opportunity to purchase a moneymaking property as the Cellphone tower on the property still has 26 year of contact left on the tower. Bringing the new owner well over an estimated $200K in profits over the remaining years. Take the remaining 7 acres of ground and put you a small family homestead or a multi family home on the property. The barn is included with the property with a little love can be brought back to life. Some small restrictions such as no single wides, no pig farms, no junk yards will be added to the deed upon time of the sale to protect your investment and others around the property. Contact the listing agent for more details about the property and what all this unique property offers. Seasonal mountain view's are available from the property as well.

Status Change Info

Status Change Date: 2024-01-05

Property Features

Property Sub-Type: Rural; Single Family; Other Topography: Cleared; Level; Rolling; Other Road Frontage: County; Paved Road Access: Public Road Sale Options: Will Not Divide; Other Improvements: Other Easements: Recorded R.O.W. Lot Description: Level; Rolling Slope; Other View: Country Setting; Seasonal Mountain Documents on File: Other Developmnt Potential: Farm; Multi-Family; Single Family Utilities Available: Electricity; Telephone; Water; Other Zoning: Zoned Residential Present Structures: Barn; Other New Financing: Cash; Conventional; Other
Listing Office: East Tennessee Properties, LLC
Office Phone: 423-453-5722
Last Updated: January - 05 - 2024
164 Sanders Rd, Madisonville, TN 37354- MLS# 1249403
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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