Pat McCollum Can Help You Purchase This Unit

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2536 Newport Hwy, Sevierville, 37876

Priced At: $720,000

Property Details for ID: 1277792

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SqFt: 6,076
Price SqFt: $118
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2024-09-26T22:00:10Z

Public Remarks: 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1977
SqFt (Total): 6,076
Sub-Type: Other
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit, 3 or more Bdrm Units

  Exterior Features

Construction: Other
Siding: Stone, Vinyl

  Appliances

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate
Other Rooms: DenStudy

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Call Listing Agent, Cash, Conventional
Gross Annual Income: 55,200

  HOA Information

Restrictions: No

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings


Presented By: / MG Rise Real Estate Group

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Turn off of Newport Highway to 2536 Newport Highway.



Your commute

( Departing today at 8:00am )


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Half Baths:
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