340/342 Bank St Tellico Plains, TN 37385
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,254 sqft
Price per Sqft $199
MLS Listing ID 1352249
Year Built 1994
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 84x176 68.2x176.2
Source East Tennessee REALTORS® MLS
Property Description
Discover the possibilities with this unique multigenerational property or potential income-producing opportunity, offering two well-maintained, move-in-ready homes on approximately 0.9 acres in the heart of Tellico Plains, Tennessee.
The main residence features 3 bedrooms, 2.5 bathrooms, and approximately 2,240 square feet, providing plenty of space for comfortable everyday living and entertaining, as well as a 2-car attached garage. A second home offers an additional 1,014 square feet with 3 bedrooms and 1 bathroom--perfect for extended family, guests, or potential rental income.
Adding even more value is a spacious 30' x 40' detached garage with concrete flooring, ideal for vehicles, workshop space, storage, or recreational equipment.
Enjoy beautiful mountain views from the expansive front porch while being conveniently located in the heart of Tellico Plains. Outdoor enthusiasts will love the easy access to the scenic Tellico River and Bald River Falls, just approximately 12 miles away. A 30-foot easement at the bottom of the property provides access to the property located behind it.
Whether you're looking for a home for multiple generations, space for guests, a potential rental opportunity, or simply room to spread out, this property offers an exceptional combination of space, flexibility, mountain views, and location. Properties offering two homes and a large garage in Tellico Plains don't come along often--come see the possibilities for yourself!
Location
State TN
County Monroe County - 33
Area 39204.0
Rooms
Family Room Yes
Other Rooms Split Bedroom, Bedroom Main Level, Separate Dining Room, Family Room
Interior
Interior Features Kitchen Island, Pantry
Heating Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Laminate, Carpet
Appliance Dishwasher, Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Porch - Covered, Cable Available (TV Only)
Parking Features Attached, Basement, Garage Door Opener, Detached
Garage Spaces 4.0
Garage Description Attached, Detached, Basement, Garage Door Opener, Attached
Utilities Available Cable Available (TV Only)
Roof Type Shingle
Total Parking Spaces 4
Garage Yes
Building
Faces From Madisonville to Tellico, turn left onto Bank Street (beside Tates). Follow 0.8 miles to 340. Turn left into driveway.
Structure Type Vinyl Siding,Brick,Block
Schools
Elementary Schools Tellico Plains
Middle Schools Tellico Plains
High Schools Tellico Plains
Others
Restrictions No
Tax ID 136 01603 136 01602
Security Features Smoke Detector
Energy Description Electric
Acceptable Financing VA Loan, New Loan, FHA, Cash, Conventional
Listing Terms VA Loan, New Loan, FHA, Cash, Conventional
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EXIT Tennessee Realty Pros
License ID: 261589 Tennessee
License ID: 261589 Tennessee