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Cindy Justice,Broker
Synergy Realty Pros
3109 Zimmerman Street
White Pines, TN 37890

Direct:  865-210-4633
Office: 865-761-0105

cindy@homesinthesmokiestn.com
Licensed in Tennessee 322598
Equal Housing Opportunity

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Listing 3 out of 22
$96,500 For Sale

107 Filbert St
Newport, TN 37821

5 units | Multi Family Home
0.82 acres - MLS# 583378
Property Photo
1/17

Description

GREAT INVESTMENT OPPORTUNITY W/5 OLDER RENTAL HOMES ON 7 LOTS THAT EXPAND ALMOST AN ENTIRE CITY BLOCK & INCLUDES A 20 X 27 BUILDING! RENTERS ARE WELL ESTABLISHED & MOST HAVE OCCUPIED THE HOMES FOR YEARS. SELLING AS IS, CONTENTS & APPLIANCES BELONG TO TENANTS, THEY DO OWN REPAIRS & PAY OWN UTILITIES. CONDITION OF HOMES ARE BELOW AVERAGE YET PRICED TO SELL AT $38,000 BELOW TAX APPRAISAL! RENTERS LEASE BY MONTH TO MONTH & ONLY PAY $250. CLOSE PROXIMITY TO I-40, I-81, GREAT SMOKY MTN NATIONAL PARK, RIVERS, TROUT FILLED STREAMS & APPALACHAIN TRAIL! CENTRALLY LOCATED TO SHOPPING, RESTAURANTS, SCHOOLS, HOSPITAL, KNOXVILLE, TRI-CITIES, MORRISTOWN, DANDRIDGE, ASHEVILLE NC, MAGGIE VALLEY, GATLINBURG & PIGEON FORGE! (Drone Pictures Were Used On This Listing)

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Cocke County
  • Zip Code: 37821
  • Elementary School: Newport Grammar
  • High School: Cocke
  • Sq.Ft.: 4,003 sq ft
  • Units: 5 units
  • Lot Size: 0.82 acres
  • 2 Bedroom # Of Units: 5
  • 2 Bedroom Bathrooms: 5
  • Back: 300
  • Civil District: 06
  • Electricity: Separate Meters
  • Exterior Materials: Wood Siding
  • Front: 300
  • Gross Schd Annual Income: $1,250
  • Internet Available: Cable
  • Layout: Multiple Building
  • Left: 120
  • Right: 120
  • Roof: Metal
  • Sewer: Public Sewer
  • Water: Separate Meters
  • Water Supply: Public Water
Courtesy of Massey Realty

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