My name is Eric. I am an Air Force veteran and have a part time veteran family owned business buying and selling real estate. You will be doing business with me a home grown American, not some foreign company. Tucked away in a cul-de-sac I have a well taken care of home ready for a family to move in. Lots of space and storage available. This home will not be a traditional rental property, but a LEASE TO OWN. The family I selectively choose will NOT WASTE MONEY ON REGULAR RENTALS, Its purpose is to help people stop throwing their money away on rent Instead, a portion of EVERY monthly payment goes toward paying for the home at the end of the lease. No bank qualifying & bad credit is acceptable. My goal is to get this family as OWNERS of this home. MONTHLY PAYMENT AMOUNTS ARE FLEXIBLE BASED ON HOW YOU CHOOSE TO PARTICIPATE IN THE LEASE TO OWN PROGRAM. You pay a down payment (Between $5,000 & $10,000)(REMEMBER THIS DOWN PAYMENT IS SUBTRACTED FROM THE APPRAISAL COST AT END OF LEASE!) and based on that amount determines your monthly amount. Currently, lowest monthly is $1,900. (Current Market Rents In Area Are $2,200 to $2,400). Includes, refrigerator, oven and dishwasher. Backyard even has an entertaining deck. The house is very close to many industry headquarters, such as 4.6 miles from Smith & Wesson 3.3 miles from Amazon Warehouses 3.8 miles from Denso Manufacturing 4.0 miles from McGhee Tyson & Air National Guard Base 14 miles from UT Medical Center Very quiet and family oriented area. Lots of recreational and dining facilities close by. Home is in great condition. PLEASE take a look at the pictures and call or text me. $2,000 BONUS EQUITY for rent to own candidates who sign site unseen (current tenant in place until June 15th, but medical issues are having them leave the property). Property had full health and wellness check in April 2025, from electrical, plumbing, moisture readings etc. everything was in the GREEN, good to go. As a lease to own renter with option to purchase, I start a family on a 24 month lease with option to extend 12 months if you are not yet ready to buy the home. Rent to own mean lower monthly payments verses market rents and on time payment will add future equity into the home when it's time to purchase... rents will just continue to increase in Tennessee especially in Alcoa. I register your payments with credit bureaus as well as long as each payment is on time. Since this will be a step toward actually owning the homes maintenance is treated as such with tenant tending to the maintenance requirements if any... BUT THIS ALSO MEANS YOU HAVE A WIDE BIRTH OF OPTIONS to improve on the home in the way you see fit, because the goal is OWNERSHIP. Paint the walls any color, improve the backyard.... ANYTHING YOU DO WILL ONLY INCREASE THE VALUE OF YOUR FUTURE HOME.
Off market
$278,700
122 Bishop St, Alcoa, TN 37701
3beds
1,120sqft
Single Family Residence
Built in ----
-- sqft lot
$278,700 Zestimate®
$249/sqft
$1,879 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 06:25pm
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air
Appliances
- Included: Dishwasher, Oven, Refrigerator, WD Hookup
- Laundry: Hookups
Features
- WD Hookup
- Flooring: Carpet, Hardwood
Interior area
- Total interior livable area: 1,120 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 047PO01100000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & neighborhood
Location
- Region: Alcoa
HOA & financial
Other fees
- Deposit fee: $0
Other
Other facts
- Available date: 06/16/2025
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$278,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$278,700