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2353 Highway 107
Unicoi TN 37692 US

$599,000

Active Listing ID 9967598
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Lot: 1.88 Acres

$599,000

Active Listing ID 9967598
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2353 Highway 107 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.

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Property Features

  • Facts
  • Lot Size: 1.88 Acres
  • Property Type: Residential Multi Family
  • Features
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Front Porch, Rear Patio
  • Floor Covering: Concrete, Vinyl
  • Roof Type: Metal
  • Heating Fuels: Baseboard, Fireplace, Stove
  • Additional Features
  • Fireplace
  • Patio
  • Waterfront

School Information

  • School
  • Unicoi(Elementary)
  • Unicoi Co(MiddleSchool)
  • Unicoi Co(HighSchool)

Property

  • propertytype: Residential Multi Family
  • listprice: 599000
  • unparsedaddress: 2353 Highway 107
  • postalcity: Unicoi
  • stateorprovince: TN
  • country: US
  • postalcode: 37692
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.88
  • lotsizeunits: Acres
  • lotsizearea: 1.88
  • livingarea: 5000
  • livingareaunits: Square Feet
  • latitude: 36.179752
  • longitude: -82.265046
  • listagentfullname: Ryan & Sarah McKinney
  • listagentemail: sarahmckinney@kw.com
  • listagentkey: 3yd-TVARMLS-McKinneyTeam
  • listagentmlsid: McKinneyTeam
  • listagentpreferredphone: 4234336500
  • listagentofficephone: 4234336500
  • listofficekey: 3yd-TVARMLS-612
  • listofficemlsid: 612
  • disclaimer: Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 2020
  • listingcontractdate: 2024-06-22
  • listagenturl: http://www.kw.com
  • countyorparish: Unicoi
  • parcelnumber: 019 014.11
  • elementaryschool: Unicoi
  • highschool: Unicoi Co
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Metal Siding
  • flooring: Concrete, Vinyl
  • heating: Baseboard, Fireplace, Stove
  • numberofunitstotal: 3
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway, RV
  • roof: Metal
  • view: Mountain, Water
  • waterfrontyn: True
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Entrance Foyer, Kitchen/Dining Combo, Laminate Counters
  • exteriorfeatures: Front Porch, Rear Patio
  • waterfrontfeatures: River Front, Waterfront
  • architecturalstyle: Other
  • patioandporchfeatures: Patio, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.265045, 36.179752
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Greater Kingsport Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klrw855@kw.com", "ListBrokerageCity":"Johnson City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw855@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TVARMLS/26c682a0df5a11e18fb91231380dd437/20191114145300231.png", "ListBrokerageName":"Greater Kingsport Realty", "ListBrokeragePhone":"4234336500", "ListBrokeragePostalCode":"37604", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3009 Greenline Road", "ListBrokerageWebsiteUrl":"http://www.kw.com", "ListOfficeAddress1":"3009 Greenline Road", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"10269", "ListOfficeCity":"Johnson City", "ListOfficeCountry":"US", "ListOfficeEmail":"jenniresonrealtor@gmail.com", "ListOfficePostalCode":"37604", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Barndominium, Multi Family - Unicoi, TN", "ListingURL":"https://listings.listhub.net/pages/TVARMLS/9967598/?channel=rexren", "MLSModificationTimestamp":"2025-01-31T16:20:35Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Multi Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/7/2025 12:08:33 PM GMT
Source Updated Date: 3/11/2025 6:48:48 AM GMT

Courtesy of: Ryan & Sarah McKinney, KW Johnson City, sarahmckinney@kw.com

Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.