About This Home

This 6-bedroom, 2-bathroom single family at 200 & 202 W Main Street in Mount Carmel, TN is listed for $325,000 ($144 per sqft). Built in 1945, the home offers 2,250 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 1945
  • 1.00 acre lot
  • 2 stories

Property Details

2 stories
2 full
1945

Amenities

HardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

200 & 202 W Main Street

Mount Carmel, TN 37645

Walters Add

Features & Amenities

Interior Features

Eat-in KitchenSolid Surface Counters

Property Details

Flooring

Tile - CeramicHardwood

Construction

Asbestos Vinyl Siding

Parking

Driveway

Heating

Natural GasFloor Furnace

Cooling

Ceiling Fan(s)Wall Unit(s)

Appliances

Electric RangeRefrigerator

Questions & Answers

This 6-bedroom, 2-bathroom single family at 200 & 202 W Main Street is listed at $325,000 ($144/sqft). The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 1.00 acre lot, 2 stories. Interior Features: Eat-in Kitchen, Solid Surface Counters.

This property is listed by Dominick Abate.

DA

Dominick Abate

License 373146

Agent at The Addington Agency Bristol

Listed by The Addington Agency Bristol · Broker phone: (423) 845-5800 · View on Broker Site

MLS# 9994141· Source: Tennessee Virginia Regional Multiple Listing Service· 193 days on PropertySimple

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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