133 Water Tower Road GROSS RENTAL INCOME OF $88, 000 IN 2023. FULLY REMODELED ONE LEVEL 3 BR 2 BA CHALET WITH A PRIVATE POOL in Downtown Gatlinburg - less than 2 mi from major Gatlinburg attractions, walking distance to Trolleys. Chalet offers amenities which guests absolutely love -convenient location, Splash pool, Hot Tub under Gazebo with mountain views, City views from Deck, Basketball hoop, mini-golf/putting green, Fibre Optic internet, Arcade machines, Swings, ample parking, Paved city roads right to the home. Results are evident in vacation rental income numbers and guest reviews. Property was completely renovated in different phases over last 5 yrs. In 2018 - New KITCHEN with TILE Backsplash and GRANITE COUNTERTOPS, HVAC, Roof, Windows; In 2019 -Outdoor Splash pool with concrete patio, deck, mini-golf, raised ceiling in living room, kitchen appliances, TVs, locally made custom furniture, water heater etc. In 2021 - Brand new flooring; In 2022 - raised ceilings in Dining room, electrical updates, new electric range, sofa, new fence, and retaining wall. Home is connected with City Water and Sewer and zoned C-2. Owner is considering adding additional square footage by extending home towards swimming pool and making it an indoor swimming pool with mountain views from 2 sides and a total of 5bedroom 4 bath chalet. Opportunities are endless!