About 1418 School House Gap Road
OWNER FINANCING AVAILABLE ! ! ! See below for seller's acceptable terms and ask Listing Agent for more details on how to proceed. 2025 GROSS RENTAL INCOME @ 42,386 ! ! ! 430+ REVIEWS with a RATING OF 4.9+ !!! Unbelievable long term performance! Well-seasoned and proven STR rental cabin strategically located halfway between Pigeon Forge and Gatlinburg. Main floor features an open concept living area with living room and kitchen with dine-in table. Top floor features an open concept bedroom with ensuite bathroom. Both floors have a walkout deck with a seasonal mountain view. This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller. Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar. *** OWNER FINANCING TERMS *** Seller requests: - 20% or more down payment - 7% interest rate - 5 yr balloon payment - 30 year amortization - interest only monthly payments are acceptable - No pre-payment penalty if paid in full or refinanced early.
Features of 1418 School House Gap Road
| MLS® # | 313269 |
|---|---|
| Price | $400,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,152 |
| Acres | 0.23 |
| Year Built | 2004 |
| Type | Residential |
| Sub-Type | Cabin |
| Style | Cabin |
| Status | Active Under Contract |
Community Information
| Address | 1418 School House Gap Road |
|---|---|
| Area | Sevierville |
| Subdivision | Sky Harbor |
| City | Sevierville |
| County | Sevier |
| State | TN |
| Zip Code | 37876 |
Amenities
| Utilities | Electricity Connected, High Speed Internet Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Shared Driveway |
| Is Waterfront | No |
Interior
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
|---|---|
| Heating | Electric |
| Cooling | Electric |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
| Stories | Two |
| Has Basement | Yes |
| Basement | Crawl Space |
Additional Information
| Zoning | R1 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 330.5 |
| HOA Fees Freq. | Annually |