• Asking Price $1,699,000
  • Estimated Value: $91,366
  • 1092 HIGHWAY 25 E NEWPORT, TN 37821

  • Single Family Home / Resale (MLS)

Property Details for 1092 HIGHWAY 25 E, NEWPORT, TN 37821

Features

  • Lot Size: 131987
  • Total Units: 2

Facts

  • Year Built: 01/01/2023
  • Property ID: 876091907
  • MLS Number: 1259342
  • Parcel Number: 015030 01607
  • Property Type: Single Family Home
  • County: COCKE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Property Brokerage: Mike Fuller Realty & Co. 813 S Northshore Drive Suite 202 B Knoxville TN 37919
Copyright © 2024 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.