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1092 Highway 25 E Newport, TN $ 1,699,000
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1092 Highway 25 E
$ 1,699,000
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1092 Highway 25 E

Newport, TN, 37821
$ 1,699,000
Baths0.0

Monthly Estimate*

$ 11,868

1092 Highway 25 E, Newport, TN 37821 - Image 1
1092 Highway 25 E, Newport, TN 37821 - Image 2
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1092 Highway 25 E, Newport, TN 37821 - Image 10
Studio

Multi-Family Home for sale in Newport, TN

for $1,699,000. This home was built in 2023.

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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Multi-Family Active

Price

$ 1,699,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2023

Town/City

Newport

County/Region

Cocke

MLS | Web ID

1259342
Features
General
Heating Other
Construction Materials Frame
Year Built 2023
County Cocke County - 39
Property Type Multi-Family
Attached Garage N
Garage Y/N N
Status Active
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
City Newport
Buyer Agent Compensation 2.0000
View Y/N N
Total Units 2
MLS Area Cocke County - 39
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Highway 25 E
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Cocke County - 39
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Buyer Agent Compensation Type %
Senior Community None
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Interior
Flooring Other
Basement (Y/N) N
Heating Y/N Y
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features None
Lot Size Area 0.0
Spa N
Lot Dimensions 489x478x451x283
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1092
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* Excluded Features
List By
Michael Fuller

Listing Agent

Mike Fuller Realty & Co

Broker

Affordability Calculator

$11,868
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,868
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
694100 Elementary School
694101 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2024$1,699,000 Listed Price

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1092 Highway 25 E, Newport, TN, 37821 is a Multi-Family Home for sale at $1,699,000. 1092 Highway 25 E is a studio with 0.0 baths and was built in 2023. The property's zip code is 37821 which is in Newport, TN

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