110 Ferry Rd Surgoinsville, TN 37873
Estimated payment $2,221/month
Total Views
2,399
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- No HOA
- Gazebo
- Double Pane Windows
- Cottage
- Front Porch
- Paneling
About This Home
Investor's Dream in Surgoinsville, TN - Turnkey Income Property with Expansion Potential!
Don't miss this rare opportunity to own a high-performing commercial property in the scenic hills of Surgoinsville, Tennessee. Situated on 5 acres, this multi-income property includes:
•3 Bed / 2 Bath Home - Ideal for owner occupancy or additional rental income
•55' Garage + RV Carport - Perfect for large equipment or storage rental
•3 Single Wide Mobile Homes & 1 Double Wide - All included
•3 Mobile Homes Under Rent-to-Own Contracts - Providing reliable long-term income
•3 RV Lots Rented - All leases will convey to the new owner
•10% Vacancy Rate - Strong current cash flow
•Spectacular Mountain & Seasonal River Views - A major draw for renters
This property is already producing solid monthly profit, and there's room to grow - space available for 4 additional RVs or 2 more mobile homes. Whether you're looking to expand your portfolio or step into a ready-to-go income-generating property, this is your shot.
This is more than real estate - it's a business in a box. With contracts in place, low vacancy, and high demand, this is a money maker that won't last long.
Schedule your showing today and secure your place in one of Tennessee's most beautiful and business-friendly areas.
Buyer/buyer agent to verify that all information contained here in is accurate.
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $506
Year Built
- Built in 1957
Lot Details
- 4.7 Acre Lot
- Lot Has A Rolling Slope
- Property is in average condition
Parking
- Carport
Home Design
- Cottage
- Fixer Upper
- Mixed Use
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- Garden Bath
- 1-Story Property
- Paneling
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- ENERGY STAR Qualified Doors
- Vinyl Flooring
- Range
Basement
- Dirt Floor
- Block Basement Construction
Outdoor Features
- Gazebo
- Front Porch
Schools
- Surgoinsville Elementary And Middle School
- Volunteer High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Septic Tank
Additional Features
- Pasture
- Manufactured Home
Listing and Financial Details
- Assessor Parcel Number 054 103.00
Community Details
Overview
- No Home Owners Association
- 7 Buildings
- 4 Units
Building Details
- Utility Expense $2,607
- Operating Expense $1,800
- Gross Income $42,380
- Net Operating Income $33,100
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $506 | $19,800 | $5,725 | $14,075 |
| 2023 | $460 | $19,800 | $0 | $0 |
| 2022 | $459 | $19,800 | $5,725 | $14,075 |
| 2021 | $429 | $19,800 | $5,725 | $14,075 |
| 2020 | $454 | $19,800 | $5,725 | $14,075 |
| 2019 | $454 | $17,925 | $5,725 | $12,200 |
| 2018 | $454 | $17,925 | $5,725 | $12,200 |
| 2017 | $454 | $17,925 | $5,725 | $12,200 |
| 2016 | $449 | $17,925 | $5,725 | $12,200 |
| 2015 | $438 | $17,750 | $5,725 | $12,025 |
| 2014 | $467 | $18,925 | $5,725 | $13,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $399,900 | -4.8% | -- |
| 06/18/2025 06/18/25 | Price Changed | $419,900 | -1.2% | -- |
| 05/29/2025 05/29/25 | For Sale | $425,000 | 0.0% | -- |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Price Changed | $425,000 | -5.6% | -- |
| 04/25/2025 04/25/25 | For Sale | $450,000 | +69.8% | -- |
| 03/06/2023 03/06/23 | Sold | $265,000 | -41.1% | $340 / Sq Ft |
| 01/25/2023 01/25/23 | Pending | -- | -- | -- |
| 11/07/2022 11/07/22 | For Sale | $450,000 | +164.7% | $577 / Sq Ft |
| 05/13/2022 05/13/22 | Sold | $170,000 | 0.0% | $218 / Sq Ft |
| 05/11/2022 05/11/22 | Off Market | $170,000 | -- | -- |
| 01/05/2021 01/05/21 | For Sale | $215,000 | -- | $276 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Heritage Title & Closing Servi | |
| Warranty Deed | $170,000 | New Title Company Name | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $25,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,750 | New Conventional | |
| Previous Owner | $72,985 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $82,300 | No Value Available | |
| Previous Owner | $67,150 | No Value Available | |
| Previous Owner | $20,800 | No Value Available |
Source: Public Records
Similar Home in Surgoinsville, TN
Source: Tennessee/Virginia Regional MLS
MLS Number: 9979351
APN: 054-103.00
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