Description

Located in Del Rio, this beautiful property with a mountain backdrop presents a unique investment opportunity. Sitting on 5 acres of unrestricted land, this property boasts a 1930's farmhouse with a loft, a guest cottage, and a 35x50 pole barn. These homes share a well but have their individual septic systems. The main house has undergone some renovation, providing the opportunity to finish the remodel and design it using your creative mind. The home features a stamped metal roof and a large wood-burning stove in the living room, along with 3 bedrooms and 2 baths. The smaller home is a cozy 2-bedroom, 1-bath cottage.

Nestled amidst a natural barrier of trees, this property offers privacy and a peaceful retreat. Across the road from the French Broad River, you have access to a range of outdoor activities like fishing, canoeing, kayaking, and more.

The guest house is already rented, making this a great investment property with an opportunity to generate rental income. You could also rent the main house or develop it into a bed and breakfast, or utilize it for AirBNB. Alternatively, you could add tiny homes to the property to increase the rental income potential.

This property has immense potential and is ready for you to bring your vision to life. Don't miss out on this fantastic investment opportunity.

2022 taxes $854.15/year. Tennessee has NO state income taxes.