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$ 1,699,000
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Active
1092 Highway 25 E Newport, TN 37821
UPDATED:
08/23/2024 05:59 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1259342
Originating Board East Tennessee REALTORS� MLS
Year Built 2023
Lot Dimensions 489x478x451x283
Property Description
Lake view property on Douglas Lake and the French Broad River! Investors, Developers and Short Term Rental Specialists! Take a look at this very rare opportunity to own lake view investment property in East Tennessee. Multi-Unit parcel currently offering two (2) modern High on Trend A Frame style lodge/cabin homes. Immediately available for short-term rental. This property offers multiple income streams with Four (4) pads and RV Camper hook ups, and up to 4 additional building sites for a total of 10 rental income units. Pictures may paint a thousand words but they simply don't do the view and serenity justice here! A must see if you are looking to expand your rental real estate portfolio. Take advantage of these low maintenance newly constructed custom designs ready for immediate rental and the upcoming summer vacation season! This Rare Lakefront retreat is a 4.8 acre site with water, sewer, electric and additional infrastructure in place.
Location
State TN
County Cocke County - 39
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Flooring Other
Heat Source Other
Exterior
Garage None
Roof Type Other
Parking Type None
Garage No
Building
Faces Newport Tennessee 37821 Head west on E Broadway St toward N Woodlawn Ave Pass by Advance America (on the left 1.4 mi Slight right onto US-25 E N Turn right 1092 US-25 E Newport, TN 37821
Structure Type Frame
Others
Tax ID 030 016.07
Energy Description Other Fuel
Listed by Mike Fuller Realty & Co
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