1092 Highway 25 East

Newport, TN 37821

$1,699,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Michael Fuller • Mike Fuller Realty & Co
  2. Listed by Suzanne Fuller • Mike Fuller Realty & Co

Location

Listing Courtesy of Mike Fuller Realty & Co, Michael Fuller; Mike Fuller Realty & Co, Suzanne Fuller (865.773.9200)
Add your commute
LISTING UPDATED: 04/15/2024 01:00 PM

Property Details for 1092 Highway 25 East

StatusActive
MLS #1259342
Days on Market20
Taxes$155 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built2023
Lot Size0.00 AC / 0 SF
CountyCocke County

Location

Listing Courtesy of Mike Fuller Realty & Co, Michael Fuller; Mike Fuller Realty & Co, Suzanne Fuller (865.773.9200)
Add your commute

Building Information for 1092 Highway 25 East

Stories-Residences2Year Built2023Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$9,285 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,272

Property Taxes

$13

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1092 Highway 25 East

Summary
Location and General Information
  • City: Newport
  • County Or Parish: Cocke County - 39
  • 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
  • Latitude: 36.023397
  • Longitude: -83.239769
  • MLS Area Major: Cocke County - 39
  • MLS Area Minor: Cocke County - 39
  • Postal Code: 37821
  • State Or Province: TN
  • Location Tax Legal Info Area: Cocke County - 39
  • Remarks Misc 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
Parking
  • Attached Garage: No
  • Parking Features: None
  • General Property Description Driveway: Yes
  • Garage Parking None: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 030 016.07
  • Location Tax Legal Info Total Tax: 154.88
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 2023
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 489x478x451x283
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 489x478x451x283
Property and Assessments
  • Possession: Other
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
Utilities
  • General Property Description UtilitiesMo Avg: 135.0
  • Fuel Other Fuel: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
Interior Features
  • Bathrooms Total Integer: 0
  • Flooring: Other
  • Heating: Yes
  • Heat - Other: True
  • Other Rooms Other: True
  • Roof Other: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Type of Units Other: True
Rental
Rent Information
  • Tenant Expenses Heating: Other

Property History for 1092 Highway 25 East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1092 Highway 25 East

Taxable ValueLand$5,575Additions$475Total$6,050
Tax Record2023$155 ($13 / month)
Home Facts
Beds0Lot Size131,987 SqFtStyleSingle Family ResidenceCountyCOCKEAPN015030 01607

Schools near 1092 Highway 25 East

This home is within Cocke County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Edgemont Elementary School
PublicPK to 8

Cocke Co High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1092 Highway 25 East is a multi-family home for sale in Newport, TN 37821. This property was listed for sale on April 15, 2024 by Mike Fuller Realty & Co, it's currently listed at $1,699,000. It has been on the market for a total of 20 days and was last sold on March 21, 2019. This listing's school district is Cocke County School District. Nearby schools include Edgemont Elementary School and Cocke Co High School. 1092 Highway 25 East is a 0-bed, 0-bath, multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mike Fuller Realty & Co, Michael Fuller; Mike Fuller Realty & Co, Suzanne Fuller (865.773.9200)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/15/2024 01:00 PM