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24
Photos
3
beds
3
baths
1,840
sqft
Built in
1990
Welcome to your charming, newly updated, fully-furnished, and conveniently located investment chalet, just a quick 4-minute drive from downtown Gatlinburg! With room to sleep 11, including two master en-suite bedrooms with king beds, two additional bedrooms with queen beds, and even a bunk bed setup for the kids (or young at heart), comfort and relaxation are guaranteed for everyone. Key Features: Rental Income: Proven rental income of $85-100k annually from 2021-2023. Reviews: Over 200 5-star reviews on rental sites. Prime Location: Just a 4-minute drive to downtown Gatlinburg and a 5-minute drive up to Ober, Gatlinburg. Located within Chalet Village, with access to their 3 clubhouses, pools, and much more. Spacious Accommodation: Sleeps 11. Also offers additional bunk bed setup. 1840 sq ft. Luxurious Amenities: Two cozy gas fireplaces, Two large balcony decks for enjoying the great outdoors. One balcony features a luxurious hot tub! Recent Renovations: Main bathroom updated for accessibility, including a low-lip shower entry, sturdy grab handle, and spacious bench for comfort. The roof was replaced in June 2024. Entire interior was painted in 2022. New dishwasher in 2023. New insulation installed between the crawl space and bottom floor in 2023. New water heater installed in 2023. High-Yield 4BR/3BA Investment Home - $85-100k Annual Gross Rental Income (2021-2023). 2024 currently has $85k in bookings with potential for higher numbers. The seller has used the Chalet often for family and friends. The chalet is fully furnished and ready to rent. The Christmas decor,everything in the owner's closet, and leaf blower will not convey.
Features & Amenities
Interior
- Appliances:
- Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
- Basement:
- Crawl Space
- Flooring:
- Laminate
- A/C:
- true, Central Cooling
- Heating:
- true, Heat Pump, Electric
- Fireplace:
- Gas Log, Fireplaces: 2
Exterior
- General:
- Porch - Covered
- Style:
- Chalet
- Parking:
- None
Construction
- General:
- Wood Siding, Frame
Location
- HOA Amenities:
- Clubhouse, Pool, Tennis Court(s), 554.0, Yearly
- Originating MLS:
- East Tennessee REALTORS® MLS
- County:
- Sevier County - 27
Lot
- Zoning:
- 016.00
Utilities
- Water:
- Public
- Sewer:
- Septic Tank
Financial
- Source:
- East Tennessee REALTORS® MLS
This listing courtesy of:
Tennessee Elite Realty
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Gatlinburg, TN
Housing
- Number of Units
- 5,691
- Median Home Value
- $223,661
- Median Rent
- $636
29.55% of housing units are renter occupied.
65.74% are vacant.
Commute
- Car
-
70.63%
- Public Transportation
-
3.19%
- Walk to Work
-
10.84%
- Work from Home
-
13.79%
- Other
-
1.30%
The median travel time to work is 18 minutes.
People
- Population
- 4,427
- Median Age
- 47.20
- Median Household Size
- 2.42
Education
- High School
-
30.68%
- Associate’s Degree
-
7.74%
- Bachelor’s Degree
-
15.58%
- Graduate Degree
-
6.92%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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