1092 Highway 25E Newport, TN 37821

Multi-Family (2-4 Units) MLS #: 300433 Courtesy Of Mike Fuller Realty & Co

$1,699,000

1 beds | 1 baths | 800 sq ft
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Est. Property Tax: $154
Estimated monthly payments: $7,440/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: New Construction, 1-5 Years Old
  • Architecture Style: Other
  • Lot Size: 4.8 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

MAP & DIRECTIONS

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1092 Highway 25E, Newport, TN 37821
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School Information

1092 Highway 25E, Newport, TN 37821

Elementary School
Grades PK-8 | Public School
EDGEMONT ELEMENTARY SCHOOL
Newport, TN 37821
375 Carson Springs Rd
423.­623.2288
Distance: 4.3 mi
School Rating
B-
Student:Teacher Ratio
17:1
Total Students
557
Middle School
Grades PK-8 | Public School
EDGEMONT ELEMENTARY SCHOOL
Newport, TN 37821
375 Carson Springs Rd
423.­623.2288
Distance: 4.3 mi
School Rating
B-
Student:Teacher Ratio
17:1
Total Students
557
High School
Grades 9-12 | Public School
COCKE COUNTY ADULT HIGH SCHOOL
Newport, TN 37821
241 Hedrick Dr
423.­613.0032
Distance: 4.9 mi
Total Students
1
High School
Grades 9-12 | Public School
COCKE COUNTY HIGH SCHOOL
Newport, TN 37821
216 Hedrick Dr
423.­623.8718
Distance: 4.8 mi
School Rating
C-
Student:Teacher Ratio
16:1
Total Students
1156
Other Nearby Schools Distance Type Grades School Rating
Northwest Elementary School 4.2 mi Public PK-8 D+
Newport Grammar School 5.1 mi Public PK-8 A-
Centerview Elementary School 6.0 mi Public PK-8 B-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newport, TN 37821

Median Age: 43.9
Married: 47%
Number of Households: 9,439
Households with Children: 28.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.