128 Elizabethton Hwy Bluff City, TN 37618

*Equitable Interest Being Assigned*

Price: $18K cash; sub to mortgage

ARV: $200K++

Bedrooms - 2

Bathrooms - 2

SQFT - ~224

Lot size - .5-.75

Home Type-Single Wide Mobile Home; No permanent Foundation (comes with land)

Heating/Cooling Type-No HVAC

Age Of Roof-20 Years Old


Here’s the details 👇👇👇

Address: 128 Elizabethton Hwy Bluff City, TN 37618

PRICE: $18K cash; sub to mortgage

ARV: $200K++

House details!

Bedrooms: 3

Bathrooms: 1

SQFT: ~948

Lot Size: 0.94 of an acre

Home Type: Site Built Home

Heating/Cooling Type: Needs HVAC/Heat Pump

Age of Roof: Needs new roof

Other Repair Notes & Description (See Below):

This is a site built home on 0.94 of an acre. It’s a sub-to deal, so you’d take over the existing mortgage on this one.

The property needs a new HVAC unit, a new water heater, and a new roof. It was renovated about two years ago inside and is in pretty good shape overall.

We also have an appraisal done on this property in Feb. of 2024 showing its as-is value of $200k that I am happy to send to you.

Here’s sub-to mortgage info:

Balance - $159,244

Interest - 8.750%

PITI Payment - $1512.17

We have already paid for a survey to be done, and from what we can see, it meets all minimum requirements to have 2 lots subdivided from it. You could place 2 mobile homes & now have 3 cash-flowing units on 1 piece of land. Or sell off the other 2 pieces of land to cover your costs of the house itself that is existing.

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