Newport, TN 37821,1808 Popular DR
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Newport, TN 37821,1808 Popular DR
Newport, TN 37821,1808 Popular DR
Newport, TN 37821,1808 Popular DR
Newport, TN 37821,1808 Popular DR
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Listed by Daniel Conard • Weichert, REALTORS - Tiger Real Estate
$ 219,900
Est. payment /mo
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1808 Popular DR Newport, TN 37821

3 Baths

2,480 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,480 sqft

Price per Sqft $88

MLS Listing ID 707647

Year Built 1990

Annual Tax Amount $1,428

Lot Size 1.040 Acres

Acres 1.04

Lot Dimensions 1.04

Property Sub-Type Multi Family

Source Lakeway Area Association of REALTORS®

Property Description

MONEY MAKING OPPORTUNITY IS KNOCKING!!!!! This tri-plex sits on 1.07 acres and offers apartments:
A. approximately 1,000sqft with 2 bedrooms, 1 bathroom, ductless HVAC
B. approximately 1,000sqft with 2 bedrooms, 1 bathroom, duct HVAC
C, approximately 840sqft with 1 bedroom, 1 bathroom, duct HVAC.
Apartments B and C are currently occupied and with the current shortage of rentals it will not take long for the new owner to find a tenant for apartment A. As far as parking there, is enough room to support 2 vehicles per apartment with over-flow area. There is also a small stream in the back of the apartments. Interstate 40, exit 440, is less than 5 minutes away with Ashville, Gatlinburg, Pigeon Forge, and Knoxville within 30-45 minute drive. Don't let this opportunity slip away.

Location

State TN

County Cocke

Direction From interstate 40 travel North on Edwina Road, towards Newport) travel approximately a half mile to Picnic Dr. on the right. Drive to the end of Picnic Dr, about 600 feet, at the intersection, the apartments will straight ahead and marked with a sign.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Heat Pump, Separate Meters, Varies by Unit

Exterior

Utilities Available Electricity Connected, Water Connected, Fiber Internet

Waterfront Description Stream

Roof Type Shingle

Building

Lot Description See Remarks

Water Public

Structure Type Attic/Crawl Hatchway(s) Insulated,Block,Vinyl Siding

Others

Senior Community No

Tax ID 084K B 04000 000

Acceptable Financing 1031 Exchange, Cash, Contract, Conventional, USDA Loan, VA Loan

Listing Terms 1031 Exchange, Cash, Contract, Conventional, USDA Loan, VA Loan

Special Listing Condition HUD Owned


agent

Nic Nicaud

Broker | License ID: 302707

+1(865) 205-4208

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1808 Popular DR