2536 Newport Hwy Active Save Request In-Person Tour Request Virtual Tour
Sevierville,TN 37876
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,076 sqft
Price per Sqft $123
MLS Listing ID 1277792
Originating Board East Tennessee REALTORS® MLS
Year Built 1977
Lot Dimensions 192x449x129
Property Description
Rare opportunity for a great value add, or income producing property in a very convenient location in Sevierville, TN. This property features 1.47 acres, with 5 property-owned manufactured homes, and a 3-bedroom 2-bath site-built house. There is room for expansion and additions, while enjoying road frontage on one of the most traveled roads in Sevier County, along with rents being below market rent, creating an opportunity for short-term growth.
Investment Highlights;
Over 13 Million visitors to the area as of 2023.
Located conveniently to the local attractions, and large employment sites.
High traffic road frontage, with over 14,000 cars daily.
Property owns all homes on site.
Immediate opportunity to increase income.
Location
State TN
County Sevier County - 27
Rooms
Other Rooms DenStudy
Interior
Heating Central,Electric
Cooling Central Cooling
Flooring Laminate,Carpet
Heat Source Central,Electric
Exterior
Garage Off-Street Parking
Garage Description Off-Street Parking
Roof Type Metal, Shingle
Garage No
Building
Faces Turn off of Newport Highway to 2536 Newport Highway.
Structure Type Stone,Vinyl Siding,Other
Others
Restrictions No
Tax ID 040 064.00
Energy Description Electric
Acceptable Financing Call Listing Agent,Cash,Conventional
Listing Terms Call Listing Agent,Cash,Conventional