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listing
1 of 38
Single Family
$750,000
144 Flat Hollow Marina Rd
Speedwell, TN 37870
Listed by: Re/max Tri Star, (865) 388-1785
MLS: Knoxville MLS
7Beds
3Full1Half Baths
2,650Sq Ft
Est. Mortgage
$3,971/mo

This is a beautiful lakefront cabin near Flat Hollow Marina featuring 7 Bedrooms, 3 1/2 baths, multi-level decks, and a single slip covered dock with year-round water access. This home has exceptional rental income (Gross - $67k 2019, $78k 2020, and $72k for 2021), with November & December rentals on the books offering immediate income for a new owner. The current owner uses the property 4 to 5 times during typical prime rental season (May through September), so there is additional rental income upside of $10k to $15k if this is used as a pure investment. The home is currently listed on VRBO ID#1602990 and is a Premier listing with 49 reviews and 4.9 out of 5 stars. This is a turn-key investment opportunty. The main level of the home offers an open floor plan, and a rustic feel with its match-pine board vaulted ceiling & walls. There is seating to accommodate large groups, and there all new furnishings in the living room in 2021. Off the open area on the main level is the Master Suite which includes some updated furnishings in 2021. The main level deck has updated bench & Adirondack seating in 2021 and can accommodate 16+-. The upper level of the home features two Queen Suites with a Jack & Jill bathroom, and a crows-nest that has twin bunks and is a great kids room. The lower level of the home has three bedrooms and one full bathroom with an adjacent laundry room. On this level there is one Queen bedroom, and two bunk bedrooms that were fully updated in 2021 and both feature Full/Twin & Twin/Twin bunks. This level opens to a large deck with access down to the hot tub, fire pit, and dock. This home is located in a quiet cove behind Flat Hollow Marina in the no wake zone, offering excellent swimming right off the private dock, and quick access to the marina for food & drinks. In addition to a covered slip, the dock offers two jet ski ports which were added in 2020, and three benches that convert to tables that were added in 2021. This home also offers an excellent parking area that can easily accommodate 6 vehicles on the newly paved driveway in 2019. This is the largest parking area of any of the homes nearby making this a nice feature for renters. "

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Information courtesy of Re/max Tri Star is subject to verification and is not guaranteed.
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