1092 Highway 25 E, Newport, TN 37821 (MLS# 1259342)


$1,699,000
1092 Highway 25 E
Newport, TN 37821
MLS# 1259342



1092 Highway 25 E, Newport, TN 37821
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1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821 1092 Highway 25 E, Newport, TN 37821

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.

Details
Maps
Location, Tax & Legal Info
House #: 1092
Street Name: Highway 25 E
State/Province: TN
Zip Code: 37821
Area: Cocke County - 39
City/County Code: County
PIN #: 030 016.07
Total Tax: 154.88
Geo Lat: 36.023397
Geo Lon: -83.239769
Contract Info
Auction Y/N: No
Listing Price: 1699000
Current Price: $1,699,000
Status: Active
Listing Date: 2024-04-15
Cooperation Comp: 2
Compensation Type: %
General Property Description
Lot Dimensions: 489x478x451x283
Number of Units: 2
Utilities/Mo Avg: 135
Year Built: 2023
Property Status: N/A
Driveway: Yes
Remarks & Misc
Directions: 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
Public Remarks: 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.
Status Change Info
Status Change Date: 2024-04-15
Property Features
Property Sub-Type: Other
Type of Units: Other
Sale Includes: Other
Floors: Other
Fuel: Other Fuel
Heat: Other
Cooling: Other
Construction: Frame
Roof: Other
Garage/Parking: None
Other Rooms: Other
New Financing: Other

Listing Office: Mike Fuller Realty & Co

Office Phone: 865-909-7471

Last Updated: April - 15 - 2024

1092 Highway 25 E, Newport, TN 37821 - MLS# 1259342
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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