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200 & 202 Main St W, Mount Carmel, TN, 37645

6beds
2baths
2,250sqft
$389,900
$173price/sqft
$2,526/moest. monthly cost
$101,040/yrincome needed

About This Home

Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting. Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development. Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

7/10
5/10
4/10
Volunteer High SchoolGrades 9-126.7 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1945

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Asbestos,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block,Concrete,Interior Entry,Sump Pump,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen,Solid Surface Counters
  • Window features: Double Pane Windows,Insulated Windows,Window Treatments
  • Flooring: Ceramic Tile,Hardwood

Heating & Cooling

  • Heating features: Floor Furnace,Natural Gas
  • Cooling features: Ceiling Fan(s),Wall Unit(s)

Interior Area

  • Total structure area: 3,146
  • Total interior livable area: 2,250 sqft

Property

Details

  • Parcel number: 033a B 00800 000
  • Zoning: MX-2

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Back,Enclosed
  • Topography of land: Cleared, Level

Lot

  • Lot size: 1 Acres
  • Lot size dimensions: 100 x 407

Parking

  • Total spaces: 1
  • Parking features: Driveway,Asphalt,Detached
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1