$499,000

340-346 Jimtown Road

Newport TN, 37821

Description

CUSTOM-BUILT HOME, MINI-FARM & INCOME PRODUCING TRIPLEX APARTMENT ON 13.5 ACRES! 3164 SQ FT 4BR/3BA ALL BRICK BASEMENT RANCH OFFERS SPACIOUS MAIN LEVEL & BASEMENT LIVING AREA W/KITCHEN, LIVING ROOM & BATH FOR MULTI-FAMILY OR ADDITIONAL RENTAL INCOME. MANY UPGRADES, COPPER PLUMBING, NEWER HVAC & DUCT WORK! TRI-PLEX BUILT IN 1976 OFFERS 2 APARTMENTS @ 780 SQ FT EACH W/2 BR/1BA & CURRENTLY RENTS FOR $400 EACH W/ADDITIONAL BASEMENT APARTMENT @ 1144 SQ FT W/2BR/1BA & CURRENTLY RENTS FOR $475! FENCED CATTLE PASTURE, 32 X 49 BARN CURRENTLY LEASED FOR $600 ANNUALY & 2 ACRES W/SHEDS ARE RENTED FOR $100 MONTH! TOTAL CURRENT INCOME MONTHY $1425. IDEALLY LOCATED JUST OUTSIDE CITY LIMITS WITH UTILITY WATER, NATURAL GAS & 1 MILE FROM DOWNTOWN NEWPORT. CLOSE PROXIMITY TO SHOPPING, RESTAURANTS, CITY RECREATION PARK, EASTERN ENTRANCE OF THE GREAT SMOKY MTN NATIONAL PARK, I-40, RIVER RAFTING, APPALACHIAN TRAIL, TROUT FILLED STREAMS & DOUGLAS LAKE! DRONE PICTURES USED IN LISTING

Details

MLS#9907773
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1963
Days On Site86

Features

SQ Feet2,704
Units3
Building(s)2
Property ViewYes
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Area Information
StateTN
CountyCocke
CityNewport
Zip Code37821
Area208 - Cocke County
Listing VS Median (in 37821)
Price:
$499,000
low | high
Med:
$104,000
100% of Average
SqFt:
2,704
low | high
Med:
1,512
94.082840236686% of Average
$ / SqFt:
$185
low | high
Med:
$69
100% of Average
On Site:
86
low | high
Med:
71
100% of Average
Listing Updated: 08/04/2020
KAREN MASSEY LogoMLS Number: 9907773
Listing Provided By:
KAREN MASSEY  of  MASSEY REALTY

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