1092 Highway 25 E Active

Newport,TN 37821

$ 1699000

- Bed

0 Bath

- SqFt


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

Parking Features None

Roof Type Other

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

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