For Sale
$495,600

6725 Tn-304Ten Mile, TN 37880

Lakefront Vacation Rental, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
114
This charming, two-story, 1,350 sq ft cabin on Watts Bar Lake in Ten Mile, TN presents a unique investment opportunity. Built in 2018, this property boasts two bedrooms (one king, one with two twins and a queen), one full bathroom, and an open-concept living area with an eat-in kitchen. Low-maintenance luxury vinyl plank flooring runs throughout. The main level includes a laundry room and a large bathroom with a walk-in shower. Upstairs, a large open loft provides additional sleeping space, with plumbing roughed-in for a future half-bath. Enjoy lake views from the wraparound deck, spanning the east and south sides of the home. The 0.53-acre lot borders TVA land, offering additional recreational space. A deeded boat slip on a usable dock (spring-fall) is included. Outdoor amenities include an RV hookup, outdoor shower, firepit, and a detached single-car workshop/garage with a lean-to for grilling and gatherings. The property is currently operating as a successful short-term rental with existing bookings and financial records available. This turn-key investment offers a rare opportunity to acquire unrestricted lakefront property in Meigs County, with an 85% occupancy rate. The property is unzoned and features a privacy fence along the north side. The asking price is $495,600, with a price per square foot of $367.11. The APN is 006 007.00.

Property Details for 6725 Tn-304

Property type
Mixed-use properties, Hospitality properties
Square Feet
1,350 SF
Year Built
2018
Buildings
1
Stories
2
Lot Size (sq. ft)
23,087 SF
Units
1

Location Insight

City
Ten Mile
County
Meigs
State
Tennessee
Latitude
35.7027114
Longitude
-84.6929815
6725 Tn-304, Ten Mile, Tennessee

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6725 Tn-304
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