REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 472,999
Est. payment /mo
Price Dropped by $1K
505 Hoot Owl Way Gatlinburg, TN 37738
1 Bed
1 Bath
540 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 540 sqft
Price per Sqft $875
MLS Listing ID 11855687
Bedrooms 1
Full Baths 1
HOA Fees $92
Year Built 2000
Annual Tax Amount $1,062
Tax Year 2025
Property Description
INCOME PRODUCING PROPERTY DSCR loans available -- qualify on the property's income, not your tax returns. Skip the guesswork. This property has a proven booking history and conveys furnished and ready for guests. Actual income and occupancy figures are available on request. --------------- This is a Certified Pre-Owned Home: 12-month Home Warranty plus our 24-month Satisfaction Guarantee. Investor benefits available with this property: - DSCR financing available -- the loan qualifies on the property's income rather than your personal tax returns - Documented rental income and booking history -- ask your agent for the actual numbers - Conveys turnkey and furnished -- revenue from day one, no setup gap - $2,500 buyer credit and free appraisal for qualifying buyers using AnnieMac Home Mortgage, paid by AnnieMac - Full Choice Ultimate Home Warranty coverage available, negotiated and purchased at closing - EXCLUSIVE BUY BACK GUARANTEE up to 24 months -- up to a $16,000 value - 1031 exchange buyers welcome -- ask your agent and your tax advisor --------------- AWESOME MONEY-MAKING HONEYMOON CABIN with 2025 ACTUALS of $58,897 and 2024 of $54,248!! TOP NOTCH for your guests and future bookings to convey! PRIME LOCATION and UPDATES INCLUDE: NEW HOT TUB (2024), NEW TANKLESS WATER HEATER (2023), NEW APPLIANCES (2023), GAS GRILL LINE and NEW STAINING!! INVESTORS-SCOOP THIS UP AND ADD THIS TO YOUR PORTFOLIO! OR NEW INVESTORS-TAKE ONE OVER THAT IS ALREADY INCOME-PRODUCING!! Don't wait!! Schedule to see this beautiful cabin TODAY!! --------------- EVERY DAY OPEN HOUSE -- call today for available times! --------------- Own a home you need to sell first? Buy this property and we will buy yours. Ask your agent for a free report on how this exclusive offer works. --------------- Any and all of these programs are for qualifying buyers using our preferred lender and must be included in the buyer's offer. Investor financing terms vary by program and qualification. Tannor and seller must agree on price and possession date
Location
State TN
County 47155
Rooms
Basement Crawl
Dining Room 0
Kitchen 0
Interior
Fireplaces Number 1
Building
Story 1
Sewer Municipal
Water Municipal
Structure Type Frame