1646 Cardinal Drive, Gatlinburg, TN

$980,000

Previous Next

4

Beds

4

Baths

2,946

Square feet

0.69

Acres

About 1646 Cardinal Drive

Active STR-Turn-Key & Recently Renovated Cottage in the Historic Arts District only 5 Min from Downtown Gatlinburg. No HOA. Projected Cash on Cash Return of 15-25% and Cap Rate of 10% Revenue in 2022 was $147,913 Revenue in 2023 was $133,545 Property is Fully Compliant and with Active Tourism Permit Converted Garage and Brand New HVAC system (2023) All Furniture and Appliances Included Ex ProForma: Sale Price -$980K Downpayment- 20% Interest-7% NOI-$8265 Debt Service-$5216 Monthly Net Income-$3049 DSCR Loans can qualify you based on MY revenue history and NOT YOUR income! Property fully occupied on most days, showings to be scheduled in between guest stays. https://airbnb.com/h/bluebirdbnb https://www.vrbo.com/2508814 | FSBO - Contact Seller Directly, Not Agent

Features of 1646 Cardinal Drive

MLS® # 1255141
Price $980,000
Bedrooms 4
Bathrooms 4.00
Full Baths 2
Half Baths 2
Square Footage 2,946
Acres 0.69
Year Built 1980
Type Single Family
Sub-Type Residential
Style Cottage
Status Active

Community Information

Address 1646 Cardinal Drive
Area Sevier County - 27
Subdivision Hidden Hills
City Gatlinburg
County Sevier County - 27
State TN
Zip Code 37738

Amenities

Features Hot Tub,Walk-in Closets,Walk-in Shower,WasherDryer Connect
Parking None
Has Pool No

Interior

Interior Features Walk-In Closet(s)
Appliances Dishwasher, Disposal, Dryer, Security Alarm, Refrigerator, Microwave, Washer
Heating Central, Electric
Cooling Central Cooling
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas
Has Basement No
Basement None

Exterior

Exterior Frame
Exterior Features Porch - Covered
Lot Description Wooded, Corner Lot
Construction Frame

Additional Information

Date Listed March 7th, 2024
Days on Market 27
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDIYFlatfee.com

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?