#2756161, Thomas Lin, Listing Office: Benchmark Realty, LLC
$1,425
closing credit¹
421 Old Burroughs Cove Rd Altamont, TN 37301
Property details
About 421 Old Burroughs Cove Rd
Discover a prime investment opportunity with this income-producing property! This 3-bedroom, 1-bathroom mobile manufactured home, built in 1990, is situated on a level 3.3-acre lot. Currently tenant-occupied, the property generates $800 in monthly rental income, making it a fantastic addition to your investor portfolio. The 720 sq. ft. home features a built-in carport, a gravel driveway, and a level-grade lot, 1 car garage on concrete pad, offering easy access and usability. Conveniently located in Altamont, TN, this property can also be purchased alongside 318 Sequatchie Line, Sequatchie, TN, for a combined investment opportunity. Whether you're a seasoned investor or just starting to build your portfolio, this property offers solid rental income potential. Buyer to verify any information deemed important. Don't miss out on this chance to expand your investment opportunities.
Highlights
Summary
- MLS Number: 1506249
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: Zach Taylor - Chattanooga
- Office Phone: (855) 261-2233
- Office Email: emily@zachtaylorrealestate.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$120,000
421 Old Burroughs Cove Rd
$1,425
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $8,875 | $127 |
2022 | $5,925 | $131 |
2021 | $5,925 | $131 |
2020 | $5,925 | $131 |
2019 | $6,600 | $168 |
2018 | $6,600 | $168 |
2017 | $6,600 | $168 |
History based on county public records data.
Nearby schools
7
Hillsboro Elementary School
Public District PK-5
13.8 mi
•284 Winchester Hwy
5
Hickory Creek Elementary School
Public District PK-5
15.3 mi
•270 Pioneer Ln
5
East Coffee Elementary School
Public District PK-5
16.9 mi
•6264 McMinnville Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,737. Residents of Altamont, TN typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 421 Old Burroughs Cove Rd
This home is located at 421 Old Burroughs Cove Rd in Altamont, TN and zip code 37301. This 720 square foot home, which was built in 1990, sits on a 3.30 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 25, 2025 and is currently priced at $120,000.
In January 2025 in Altamont, TN there were 11.1% more homes for sale than in December. While the average time on the market in January 2025 was 90 days, the median list price was $248,000.