1368 A B C HWY 25-70, Newport, TN 37821
$1,100,000
Property Type:
Residential Income
Bedrooms:
3
Baths:
2
Square Footage:
3,990
Lot Size (sq. ft.):
33,106
Status:
Closed
Current Price:
$1,100,000
List Date:
7/21/2023
Last Modified:
9/10/2024
Listing Details MLS# 258440
General Property Information
- Number Of Units Total
- 3
- Lot Size Acres
- 0.76
- Living Area
- 3990
- Bedrooms Total
- 3
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Garage YN
- No
- Year Built
- 2012
- Bonus Room YN
- No
- Sign On Property YN
- Yes
- Home Warranty YN
- No
- View YN
- Yes
- List Price/SqFt
- 300.75
- Sold Price/SqFt
- 275.69
- Below Grade Unfinished Area
- 0
- Bathrooms Half
- 0
- Garage Spaces
- 0
Property Features
1 Bedroom Unit Details:
Range; Refrigerator; Washer/Dryer
2 Bedroom Unit Details:
Range; Refrigerator; Washer/Dryer
3 Bedroom Unit Details:
Range; Refrigerator; Washer/Dryer
Construction Materials:
Frame; Vinyl Siding
Cooling:
Central Air; Electric
Heating:
Central; Electric
Listing Terms:
Cash; Conventional
Possession:
Close Of Escrow
Road Frontage Type:
Highway
Road Surface Type:
Paved
Sewer:
Public Sewer
View:
Mountain(s)
Water Source:
Public
Showing Requirements:
Appointment Only; Lockbox
Location Tax and Legal
- Street Number
- 1368 A B C
- Street Name
- HWY 25-70
- County
- Cocke
- State
- TN
- Zip Code
- 37821
- Property Sub Type
- Triplex
- MLS Area Major
- Cocke County
Contract Information
- Original List Price
- 1200000
- Listing Contract Date
- 2023-07-21
- Owner Name
- Bossert
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Occupant Type
- Vacant
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- INVESTORS THIS Y'ALL TIME TO SHINE! A TRIPLEX, 2 DUPLEX UNITS, A 4 BEDROOM MOBILE, AND A 2 BED BRICK HOME ALL ON THE SAME PARCEL. LOCATED IN THE COUNTY SO NO CITY TAXES! ALL NEW UPDATES INCLUDES WIRING, ELECTRICAL BOXES, PLUMBING, ROOFS, CH/A UNITS, BRAND NEW KITCHENS WITH REFRIGERATORS AND STOVES, CARPET, TILE, WALK IN CLOSETS, SO MUCH MORE! EVERYTHING IS EXPECTED TO BE 100% COMPLETED BY OCT 1ST OR SOONER. THE RENTAL INCOME ON THIS PROPERTY IS GREAT. THE LOCATION IS GREAT ONLY 1 MINUTE FROM HWY 411. TRIPLEX FEATURES EACH UNIT HAS 3 BEDROOM, 2 BA, NEW EVERYTHING FROM CARPET, KITCHEN, WALLS, CH/A, AND APPLIANCES. THEY ARE 2 STORY UNITS. DUPLEX #1 EACH UNIT FEATURES 1 BED AND 1.5 BATH ALL ON ONE LEVEL. NICE LARGE OPEN FLOOR PLAN WITH 10X12 BEDROOM AND WALK IN CLOSETS. NEW KITCHENS, WALLS, ELECTRICAL, CH/A, AND PLUMBING. DUPLEX #2 EACH UNIT FEATURES 2 BEDROOM, 1 BA UNITS, EVERYTHING NEW IN THIS DUPLEX AS WELL. 2001 DOUBLE WIDE HAS 1848 SQFT WITH 4 BEDROOMS, 2 FULL BATHS AND A 1 CAR DETACHED GARAGE, MOBILE IS CURRENTLY RENTED BY ONE OF THE CONTRACT WORKERS. BRICK HOME HAS 2 BEDROOMS, 1 FULL BATH, AND WOULD MAKE A GREAT RENTAL AS WELL. PROPERTIES CAN NOT BE BROKEN UP AND SOLD INDIVIDUALLY. WILL BE SOLD AS A WHOLE! CITY WATER, SEWER, AND ELECTRIC ALREADY ON PLACE. EACH UNIT HAS THEIR OWN METER. YOU GOTTA SEE THIS PROPERTY TO BETTER UNDERSTAND ALL THE POTENTIAL IS HAS. 9 PRODUCING INCOME PROPERTIES JUST INSIDE THE COUNTY AND LOCATION IS PERFECT FOR MOST EVERYONE. DON'T WANNA MISS OUT ON THIS ONE. MUST HAVE AN APPT TO VIEW!! ALL BUYERS MUST BE PRE QUALIFIED AND OR SHOW PROOF OF FUNDS BEFORE MAKING APPT TO VIEW.
- Directions
- Take Hwy 25W follow till you see signs property is on the rt. 1362-1364 Hwy 25W. GPS FRIENDLY
Status Change Information
- Major Change Timestamp
- 2023-09-28T06:55:17Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2023-09-28
- Purchase Contract Date
- 2023-08-03
- Close Date
- 2023-09-28
- Close Price
- 1100000
- Buyer Financing
- Cash
- Anticipated Closing Date
- 2023-09-01
More Information
Unit Details
- # of 3-Bedroom Units
- 3
- # of Efficiency Units
- 3
- 1-Bedroom Dimensions
- 10X10
1 Bedroom Unit Details
- Baths Full
- 2
- Range
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
2 Bedroom Unit Details
- Baths Full
- 2
- Range
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
3 Bedroom Unit Details
- Baths Full
- 2
- Range
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Showing Requirements
- Showing Instructions
- Realtors please do not just show up. MUST HAVE AN APPT. Workers will be there everyday finishing up. The mobile and the brick house is rented to 2 of the workers. All work is expected to be finished by Oct 1 or sooner. Licensed contractor is doing all the work. Let me know what questions you have. Call anytime 865-322-1417-LISA Cash or conventional loan only. MUST BE PRE QUALIFIED AND SHOW PROOF OF FUNDS BEFORE MAKING APPT TO VIEW. RENTERS NEED 24 HR NOTICE TO SHOW!
- Appointment Only
- Yes
- Lockbox
- Yes
Location, Tax, and Legal
- Restrictive Covenants YN
- No
- Zoning
- Residential
- Zoning Entity
- Cocke County
- Tax Lot
- No
- Book/Page/Doc #
- 1234, 566
- Tax Annual Amount
- 4000
- Tax Year
- 2023
Construction Materials
- Frame
- Yes
- Vinyl Siding
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- Highway
- Yes
Road Surface Type
- Paved
- Yes
Sewer
- Public Sewer
- Yes
View
- Mountain(s)
- Yes
Water Source
- Public
- Yes
Listing Office:
Askew Realty Group
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.