TN
Unicoi
Unicoi
37692
2353 Highway 107
2353 Highway 107, Unicoi, TN 37692
Listing Type
Multi Family
Listing Status
active
140
$599,000

Home Details for 2353 Highway 107

Price
$599,000
Type
Residential Income
Bedrooms
0
Bathrooms
0.0
Square feet
5000
Year built
2020
Lot size acres
1.88
County
Unicoi
Garage
2
Days on site
260
MLS Listing#
9967598
Listing Courtesy: KW Johnson City - 423-433-6500
Property Description

Buyer can move into one of the units with a 30-day notice!! Live in one unit and have two occupied rentals making income. Watch the video tour at https://vimeo.com/963738689 and see for yourself the potential of this property. $49,800 Gross Income/Yr. $35,700 Net Operating Income. 3-Unit 5,100 sq ft MF with Creekside RV Park Approved Plans for Future Income Stream. Situated on 1.9 acres of opportunity! With many possibilities, this property has been recently renovated with 3 constructed townhomes. (completed Jan 2024). The garage loft (Unit 1) rents for $1500/mo. 2400 sq ft multi-use space including 1 BR/1 BA, kitchen, dining, laundry set up (w/ washer/dryer), & HUGE upstairs loft room overlooking the open garage space housing 10' drive-thru garage doors, perfect for pulling in large vehicles. Has its own entrance. Two of the condos are 1,300 sq ft ea (2 BR/2 FULL BA). Lower level has 1 BR/1 BA, kitchen, LR. Upstairs has 1 BR/1 BA, LR, & office/loft, complete with high ceilings! Entry to these 2 condos is through main foyer adding extra security & direct access to a shared laundry room. Owner put $30k into the start of an RV Park, including clearing of trees & grade work for 7 spots (4 spots approved for septic, water, & electric & 3 more spots for water & electric only). 2nd septic tank already installed under ground in TDEC approved septic field for RV's (buyer will be responsible for completion of running water/electric to the spots and connecting to septic field). Separate water/electric meter installed for lots as well (building has its own meters for townhomes). On back of building, two 50 amp plugs can power 2 RVs currently. NETN average monthly RV rates are $250-$500 per month (all inclusive=water/sewer/cable) on gravel. NETN average nightly RV rates are $70-$90 per night (all inclusive) on gravel. Concrete pads get more. Electric/water without sewer get less. Conservative estimate is additional $15K/yr GI & $12K/yr NOI for monthly RV rentals when done.

Property Features
  • Parking
    • RV Access/Parking
    • Driveway
    • Circular Driveway
    • Gravel
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Ceiling Fan(s)
    • Window Unit(s)
  • Heating Information
    • Baseboard
    • Wood Stove
  • House Interior
    • Entrance Foyer
    • Laminate Counters
  • Waterfront and Water Access
    • River Front
  • Water Features
    • Public
  • Fire Place
    • Wood Burning Stove
School Information
School Information for 2353 Highway 107, Unicoi, TN 37692
Elementary School
Unicoi
Middle School
Unicoi Co
High School
Unicoi Co
. Presented by: Ryan & Sarah McKinney
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Tennessee Virginia Regional MLS. All Rights Reserved.
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Market statistics compiled from data from Tennessee Virginia Regional MLS.
EXIT REALTY TRI-CITIES
1604 Lamons Lane #201, Johnson City, TN 37604
Office
423 806 0400
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