2536 Newport Hwy Sevierville, TN 37876
Description
1263469
1.43 acres
Multifamily
1977
Sevier County
Listed By
East Tennessee Realtors
Last checked Jul 5 2024 at 1:09 AM GMT+0000
- Appliances : Refrigerator
- Appliances : Smoke Detector
- Electric
- Central
- Ceiling Fan(s)
- Central Cooling
- Slate
- Vinyl
- Carpet
- Laminate
- Roof: Road/Road Frontage : Metal
- Elementary School: New Center
- High School: Sevier County
- On Premise Parking
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Welcome to 2536 Newport Hwy, a promising multi-family residence situated in the scenic and vibrant community of Sevierville, Tennessee. This property offers a range of flexible living options with 6 units varying from 2 to 4 bedrooms and 1 to 3 bathrooms, catering to different family sizes and needs.
Located mere minutes from the enchanting Dollywood, residents can enjoy easy access to one of Tennessee's most beloved attractions, along with other local amenities such as Sevier County High School, Tanger Outlets, and Food City. This proximity to major attractions and essential services enhances the appeal of the property, potentially increasing rental demand.
For investors, this property does not just offer immediate rental income; it also holds excellent renovation potential. Whether you're looking to refresh the units for higher rent yields or to reconfigure the property to suit a changing market, the possibilities are substantial.
The community features of Sevierville are an added allure with its picturesque landscapes, local parks, and a tight-knit community vibe that makes it a charming place to live. The area's growing popularity amongst tourists and locals alike suggests a steady appreciation of property values over time.
This property represents a strategic investment opportunity that promises both short-term gains through rental income and long-term growth through capital appreciation. Whether you are an experienced investor looking to expand your portfolio or a newcomer to real estate investments, 2536 Newport Hwy offers a solid foundation to build upon.
Schedule a viewing today to see firsthand the potential this multi-family residence has to offer. Embrace the opportunity to invest in a property where demand is as enduring as the scenic beauty of Sevierville.