123 Lincoln Avenue

Newport, TN 37821

$235,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

2-uit Manufactured Duplex. Both units have been completely remodeled in 2023. Located in a quiet neighborhood and is close to town. Top unit has 960 sq ft with 2 bedrooms and 1 bath. The lower unit is 560 sq ft with 1 bedroom and 1 bathroom. Both units are rented till Jan 2025. Rental income is $2000/month. 24 hour notice for showing to give current tenants advance notice.2-uit Manufactured Duplex. Both units have been completely remodeled in 2023. Located in a quiet neighborhood and is close to town. Top unit has 960 sq ft with 2 bedrooms and 1 bath. The lower unit is 560 sq ft with 1 bedroom and 1 bathroom. Both units are rented till Jan 2025. Rental income is $2000/month. 24 hour notice for showing to give current tenants advance notice.
  1. Listed by Mary Getz • Smoky Mountain Real Estate Cor

Property Details for 123 Lincoln Avenue

Sub division Name
Newport Dev

Location

Listing Courtesy of Smoky Mountain Real Estate Cor, Mary Getz
Add your commute
LISTING UPDATED: 05/01/2024 02:10 PM

Property Details for 123 Lincoln Avenue

StatusActive
MLS #1259951
Days on Market17
Taxes$867 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1972
Lot Size0.00 AC / 0 SF
CountyCocke County

Location

Listing Courtesy of Smoky Mountain Real Estate Cor, Mary Getz
Add your commute

Building Information for 123 Lincoln Avenue

Stories-Residences2Year Built1972Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$1,360 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,287

Property Taxes

$72

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 123 Lincoln Avenue

Summary
Location and General Information
  • City: Newport
  • County Or Parish: Cocke County - 39
  • Directions: North on US-321 in Newport. Turn right on Prospect Ave. straight on Jones Cir then turn right on Mineral St, left on Lincoln Ave. Home is on the left.
  • Latitude: 35.963315
  • Longitude: -83.177981
  • 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: North on US-321 in Newport. Turn right on Prospect Ave. straight on Jones Cir then turn right on Mineral St, left on Lincoln Ave. Home is on the left.
Parking
  • Attached Garage: No
  • Parking Features: On-Street Parking
  • General Property Description Driveway: Off Street Parking
  • Garage Parking On-Street Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 047N I 026.00
  • Location Tax Legal Info Total Tax: 867.12
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1972
  • Living Area Source: Owner
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 50x75
  • General Property Description SqFt - Source: Owner
  • General Property Description Lot Dimensions: 50x75
Property and Assessments
  • Possession: At Closing
  • Sign On Property: No
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 100.0
  • Fuel Electric: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered
  • Construction Materials: Vinyl, Other
  • Siding Vinyl: True
  • Exterior Features Porch - Covered: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Dryer, Washer, Refrigerator, Microwave
  • Flooring: Laminate
  • Heating: Yes
  • Cooling Wall Cooling: True
  • Floors Laminate: True
  • Floors Other: True
  • Heat Forced Air: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Washer: True
  • Other Rooms Addl Living Quarter: True
  • Roof Metal: True
Multi Family
Income & Expenses Information
  • Gross Income: $24,000.00
Multi-Family Information
  • Number Of Units Total: 2
  • Type of Units 1 Bedroom Unit: True
  • Type of Units 2 Bedroom Unit: True
  • Income Expenses Gross Annual Income: 24000.0
Unit 1
  • Unit 1 Unit Number: 1
  • Unit 1 Beds Total: 2
  • Unit 1 Rent: 1200
  • Unit 1 Squarefeet: 960.0
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 2
  • Unit 2 Beds Total: 1
  • Unit 2 Rent: 800
  • Unit 2 Squarefeet: 560.0
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Rental
Rent Information
  • Tenant Expenses Cooling: Wall Cooling
  • Tenant Expenses Heating: Forced Air,Electric

Property History for 123 Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 123 Lincoln Avenue

Taxable ValueLand$3,760Additions$13,680Total$17,440
Tax Record2023$867 ($72 / month)
Home Facts
Total Finished SqFt1,520 SqFtAbove Grade Finished SqFt960 SqFtFinished Basement SqFt560 SqFtUnfinished Basement SqFt400 SqFtStories1Lot Size3,920 SqFtStyleDuplexYear Built1972Year Renovated1976CountyCOCKEAPN015047N I 02600Fireplace TypeHas Fireplace

Schools near 123 Lincoln Avenue

This home is within Newport City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Private - K to 12
Rating
School
Distance
Newport Grammar School
PublicPK to 8

Grace Christian School
PrivateK 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

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Similar Sold Homes

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123 Lincoln Avenue is a multi-family home for sale in Newport, TN 37821. This property was listed for sale on April 19, 2024 by Smoky Mountain Real Estate Cor, it's currently listed at $235,900. It has been on the market for a total of 17 days and was last sold on July 28, 2023. This listing's school district is Newport City School District. Nearby schools include Newport Grammar School and Grace Christian School. 123 Lincoln Avenue is a 0-bed, 0-bath, multi-family home built in 1972.

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 Smoky Mountain Real Estate Cor, Mary Getz

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: 05/01/2024 02:10 PM