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2353 Highway 107, Unicoi, TN 37692

call for price
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Active
BEDS0 BATHS MLS#3011699
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

For Sale: 2353 Highway 107, Unicoi, TN 37692Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River!Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential.This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner.Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each.The expansive 2,400 sq. ft. garage loft offers multi-use potential - currently rented for $1,500/month - featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use.Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park.$30,000 in groundwork and site prep already completed7 total lots near the river4 lots approved for septic, water, and electric3 additional lots approved for water and electric onlyClearing and grading complete with utilities ready for final connectionAdditional features include:Over 109 ft of road frontage on Highway 107Fenced side yardOutdoor shed for additional storageShared laundry center for tenants and guests in main building. Unit 3 has their own laundry. With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs.

2353 Highway 107 | MLS# 3011699

This multi-family property located at 2353 Highway 107, Unicoi, TN 37692 is currently listed for sale with an asking price of call for price. Search Unicoi real estate on nate.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s), Ceiling Fan(s)
Garage: 1
Heating: Baseboard, Electric, Other
Roof Type: Metal
Taxes: $3,956
Year Built: 2020

Feature Descriptions

Days on Site: 230
Exterior: Frame, Other
Laundry: Washer Hookup, Electric Dryer Hookup
Parcel#: 019 01411 000
Security: Smoke Detector(s)
Units: 1
Utilities: Electricity Available

Listed By / Shown By

Listed By

Agency Name: Wallace-Jennifer Scates Group
Agency Phone: 8654749874

Shown By

Agent Name: Nate Mitchell
Agent Phone: Cell: (865) 369-5005
Agency Title: Crye-Leike Real Estate Services

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Source: Nashville MLS

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Estimated Payment

$ 329.67 per month $0.00 Principal & Interest $329.67 Property Tax $0.00 Homeowner's Insurance

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