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Home For Sale

Picture of Home For Sale in Gatlinburg, Tennessee, United States

$460,000

5014 Latta Way
Gatlinburg, Tennessee, United States

2bd 2ba 1,055 sqft

Listed By: Homes & Land Magazine

Listed On: 04/05/2024

Listing ID: GL11099975 View More Details

Description

MOTIVATED SELLER! Gorgeous SHORT TERM RENTAL cabin produced over $60,000 in Gross Rental Income in 2023 located in Gatlinburg with Vaulted ceilings, tons of privacy, a mountain view and easy access to downtown! All kitchen appliances, washer/dryer and furniture conveys to buyers. This well maintained cabin just had a $30k driveway/retaining wall put in with additional parking, balcony upgraded, fully stocked kitchen, and $15k in furnishings and decor! Additional features include: Rear deck with mountain view, loft area with spiral staircase, pullout couch and game table, Master on main with master bath, Jetted tub, walk in shower, private parking for 4 vehicles, metal roof and outside grill! Bonus: there is approximately over 300 sqf of unfinished basement you could utilize as a future living space. Enjoy all of this with NO HOA, low county only taxes and easy access to everything the smoky mountains have to offer! Currently managed with Evolve - on schedule to produce $60-70k for 2023. Perfect Short term rental below market value in Gatlinburg. Property is advertised to sleep 8 guests and minutes away from Great Smokies Mountain National Park, Art and Craft, shops, restaurants and entertainments. Sold turnkey.
Source: The World Property Journal

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