1092 Highway 25 E
$1,699,000
Description
1092 Highway 25 E,
Newport,
TN
37821
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.
This is an Active listing.
Broker Office Phone Number: 865-909-7471
Copyright © 2024East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Mike Fuller Realty & Co via Data Source: East Tennessee Realtors®
Multi-Family Homes
Property type
price history
date | price | variance | type |
---|
4/15/2024 | $1,699,000 | - | Listed |
listing agent: Michael Fuller