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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

    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.

    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