Incredible investment opportunity with panoramic Smoky Mountain views! This unique property offers multiple income streams and nearly 2 acres of land. Included is a spacious 3-bedroom, 4-bath main home plus a fully-rented tri-plex with three 1-bedroom units ? each offering 1,136 sq. ft. of living space. Projected rental income for all four units totals approximately $5,500 per month. The main home, built in 1984, offers approximately 2,350 sq. ft., a fenced yard perfect for pets, a brand-new back deck, and a new roof. It also features a 2-car attached garage and plenty of outdoor space for entertaining or relaxing with guests. Each townhome in the tri-plex has been updated with a new HVAC system and new roof. All four units are separately metered for water and electricity, making management simple. Whether you choose to live in the main house and manage the rentals next door, or rent them all out, this property offers flexibility and strong cash flow in a high-demand area..*********************************************************************************** Contact us today to get more information about this exclusive offer! Our properties include a 12-month limited home warranty ($660) value, $2,500 lender credit for qualifying buyers using our preferred lender, Free appraisal for qualifying buyers using our preferred lender, $300 title attorney credit, and $100 home inspection credit with our preferred vendor for our VIP buyers.
For sale
Price increase: $25K (7/1)
$749,999
2482-2480 Elk Way, Newport, TN 37821
6beds
5,758sqft
Est.:
Multi Family
Built in 1984
-- sqft lot
$701,500 Zestimate®
$130/sqft
$-- HOA
What's special
Panoramic smoky mountain viewsFenced yardNew roofBrand-new back deck
- 37 days
- on Zillow |
- 143 |
- 3 |
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