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2480 Elk Way
Newport, TN 37821

Presented by

Amy Shrader

Contact

Amy Shrader
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$579,900
Multi Family
6 Bedrooms
7 Full Bathrooms
3 Half Bathrooms
4 Units
Interior: 5,418 sqft
Lot: 1.99 acre(s)
Year Built: 1984
MLS #: 606551
 

Investment Opportunity in the Smoky Mountains

If you are looking for a great investment opportunity with amazing Smoky Mountain views, look no further! The 3 bedroom 4 bathroom home could be put on a Short Term Rental program such as VRBO or AirBNB and generate a healthy cash flow. The property also includes 3 1 bedroom townhomes that are currently rented and generating $18K+ per year. Approx 2 acres of property including an extra lot that has already perked for 3 additional 1 bedroom townhomes or tiny homes. You could live in the house and manage the rentals to keep even more money in your pocket! Numerous opportunities exist!

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Location

Map of 2480 Elk Way, Newport, TN 37821, USA

2480 Elk Way

Newport, TN 37821

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Presented by

Amy Shrader

Amy Shrader
Re/Max Real Estate Ten
324868
(423) 748-8811
Email:  [email protected]
www.tnrealestategal.com

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Listed by: Re/Max Real Estate Ten

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2480 Elk Way
Newport, TN 37821

$579,900

Property photo
Multi Family
6 Bedrooms
7 Full Bathrooms
3 Half Bathrooms
4 Units
Interior: 5,418 sqft
Lot: 1.99 acre(s)
Year Built: 1984
MLS #: 606551

Investment Opportunity in the Smoky Mountains

If you are looking for a great investment opportunity with amazing Smoky Mountain views, look no further! The 3 bedroom 4 bathroom home could be put on a Short Term Rental program such as VRBO or AirBNB and generate a healthy cash flow. The property also includes 3 1 bedroom townhomes that are currently rented and generating $18K+ per year. Approx 2 acres of property including an extra lot that has already perked for 3 additional 1 bedroom townhomes or tiny homes. You could live in the house and manage the rentals to keep even more money in your pocket! Numerous opportunities exist!

Property photoProperty photoProperty photoProperty photo
Map of 2480 Elk Way, Newport, TN 37821, USA
Amy Shrader

For more information contact:
Amy Shrader
Re/Max Real Estate Ten
324868
Phone: (423) 748-8811
[email protected]

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