116 East Lane

116 East Lane

Crossville, TN 38555

$464,000
Price
—
Beds
3,315 Sq. Ft.
$140 / Sq. Ft.
3,315
Sq. Ft.
$140
per Sq. Ft.
34-E Lane Crossville-4-Edit
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Description

Calling all investors! Check out this opportunity! So many possibilities for this UNIQUE PROPERTY located in HOMESTEAD area in Cumberland County, TN! This MULTI-FAMILY SET UP consists of THREE SEPARATE RESIDENCES with their own utility hookups & septic systems and are ALL CURRENLTY RENTED OUT! Situated on 2 acres with a creek that runs along the side of the property and large back yards for all the homes. THE FIRST RESIDENCE is a manufactured home with 3 bedrooms 2 bathrooms with fenced in front...Calling all investors! Check out this opportunity! So many possibilities for this UNIQUE PROPERTY located in HOMESTEAD area in Cumberland County, TN! This MULTI-FAMILY SET UP consists of THREE SEPARATE RESIDENCES with their own utility hookups & septic systems and are ALL CURRENLTY RENTED OUT! Situated on 2 acres with a creek that runs along the side of the property and large back yards for all the homes. THE FIRST RESIDENCE is a manufactured home with 3 bedrooms 2 bathrooms with fenced in front and back yards, carport, 2 storage buildings, new laminate flooring throughout, central heating and air, & covered front and back porches. THE SECOND RESIDENCE is a stick built home with 2 bedrooms 1 bathroom and a large bonus room that has it's own separate entrance! THE THIRD RESIDENCE is a single wide home that is a 2 bedroom 1.5 bath with a covered front porch and back deck that overlooks the creek! Call today for more details and to schedule your own private showing! 24 hour notice is needed for showings. Do not walk the properties or disturb tenants. Appointments required for showings!
  1. Listed by Donna Baisley • Baisley Hometown Realty, LLC

Property Details for 116 East Lane

Pets Allowed
No
Miscellaneous No Pets
True

Location

Listing Courtesy of Baisley Hometown Realty, LLC, Donna Baisley
Add your commute
LISTING UPDATED: 04/01/2024 09:20 AM

Property Details for 116 East Lane

StatusActive
MLS #1256855
Days on Market39
Taxes$352 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1940
Lot Size2.00 AC / 87,120 SF
CountyCumberland County

Location

Listing Courtesy of Baisley Hometown Realty, LLC, Donna Baisley
Add your commute

Building Information for 116 East Lane

Stories-Residences3Year Built1940Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$2,562 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,532

Property Taxes

$29

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 East Lane

Summary
Location and General Information
  • City: Crossville
  • County Or Parish: Cumberland County - 34
  • Directions: From Crossville: Follow US-127 S. Turn LEFT onto Old Hwy Circle. Turn LEFT onto East Ln. Property will be on the RIGHT. Sign on property.
  • Latitude: 35.919564
  • Longitude: -84.994565
  • MLS Area Major: Cumberland County - 34
  • MLS Area Minor: Cumberland County - 34
  • Postal Code: 38555
  • State Or Province: TN
  • Location Tax Legal Info Area: Cumberland County - 34
  • Remarks Misc Directions: From Crossville: Follow US-127 S. Turn LEFT onto Old Hwy Circle. Turn LEFT onto East Ln. Property will be on the RIGHT. Sign on property.
Parking
  • Attached Garage: No
  • Parking Features: Individual Carports, Off-Street Parking
  • General Property Description Driveway: Yes
  • Garage Parking Individual Carports: True
  • Garage Parking Off-Street Parking: True
School Information
  • Elementary School: Homestead
  • High School: Cumberland County
  • Middle Or Junior School: Homestead
  • Location Tax Legal Info Elementary School: Homestead
  • Location Tax Legal Info Middle School: Homestead
  • Location Tax Legal Info High School: Cumberland County
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 127 023.00
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 352.13
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 87120.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 87120.0
  • Year Built: 1940
  • Building Area Total: 3315.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 2.0
  • Lot Size Dimensions: 382 x 250 IRR
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 382 x 250 IRR
  • General Property Description Lot Size SqFt: 87120.0
Property and Assessments
  • Possession: Negotiable
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession Negotiable: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
  • Fuel Gas (Natural): True
  • Misc Features Internet Available: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered, Deck, Fence - Chain
  • Other Structures: Shed(s)
  • Construction Materials: Stone, Vinyl, Metal, Frame, Other
  • Siding Metal: True
  • Siding Stone: True
  • Siding Vinyl: True
  • Exterior Features Deck: True
  • Exterior Features Fence - Chain: True
  • Exterior Features Porch - Covered: True
  • Exterior Features Shed: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Refrigerator
  • Flooring: Other
  • Heating: No
  • Cooling Central Cooling: True
  • Floors Other: True
  • Heat Central: True
  • Heat - None: True
  • Heat - Other: True
  • Appliances Dishwasher: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Other Rooms Other: True
  • Roof Composition: True
  • Roof Shingle: True
  • Misc Features Walk-in Closets: True
  • Misc Features Walk-in Shower: True
  • Misc Features WasherDryer Connect: True
Multi Family
Income & Expenses Information
  • Gross Income: $38,400.00
Multi-Family Information
  • Number Of Units Total: 3
  • Type of Units 2 Bedroom Unit: True
  • Type of Units 3 or more Bdrm Units: True
  • Type of Units Unfurnished: True
  • Income Expenses Gross Annual Income: 38400.0
Unit 1
  • Unit 1 Unit Number: 1
  • Unit 1 Beds Total: 3
  • Unit 1 Rent: 1200
  • Unit 1 Squarefeet: 1283.0
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 2
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 500
  • Unit 2 Squarefeet: 784.0
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Unit 3
  • Unit 3 Unit Number: 3
  • Unit 3 Beds Total: 3
  • Unit 3 Rent: 1200
  • Unit 3 Squarefeet: 1248.0
  • Unit 3 Furnished: Unfurnished
  • Unit 3 Lease: Yes
Rental
Rent Information
  • General Property Description Number of Units Leased: 3.0
  • General Property Description Restrictions: No
  • Tenant Expenses Cooling: Central Cooling,Window Unit(s)
  • Tenant Expenses Heating: None,Central,Natural Gas,Other,Electric
  • Tenant Expenses Tenant Pays All Utilities: True

Property History for 116 East Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 East Lane

Taxable ValueLand$6,275Additions$24,750Total$31,025
Home Facts
Beds0Total Finished SqFt1,558 SqFtAbove Grade Finished SqFt1,283 SqFtFinished Basement SqFt275 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1961Year Renovated1976CountyCUMBERLANDAPN018127 02300

Schools near 116 East Lane

This home is within Cumberland County School District.
Rating
School
Type
Grades
Distance
Homestead Elementary School
Public - PK to 8
Cumberland County High School
Public - 9 to 12
The Phoenix School
Public - 1 to 12
Rating
School
Distance
Homestead Elementary School
PublicPK to 8

Cumberland County High School
Public9 to 12

The Phoenix School
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 116 East Lane, Crossville, TN 38555

116 East Lane is a multi-family home for sale in Crossville, TN 38555. This property was listed for sale on March 23, 2024 by Baisley Hometown Realty, LLC, it's currently listed at $464,000. This listing's school district is Cumberland County School District. Nearby schools include Homestead Elementary School, Cumberland County High School and The Phoenix School. 116 East Lane is a 0-bed, 0-bath, 3,315 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baisley Hometown Realty, LLC, Donna Baisley

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/01/2024 09:20 AM