2480 Elk Way
Newport, TN 37821

$579,900

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

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

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Information deemed reliable, but not guaranteed.   Equal Housing Opportunity Equal Housing Opportunity