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Tbd Us Highway 19e, Roan Mountain, TN 37687
Property Facts
Property Type: Residential
Sub Type: Single Family Residence
Status: Active
Year Built: 1956
Lot Acreage: 0.35
Fireplaces: 0
Above Grade Sq Ft: 5,858
Lot Dimensions: 146 x 105 IRR
City Taxes: $0
County Taxes: $292.12
Basement Sq Ft: 0
Garage Sq Ft: 0
Garage Spaces: 1
Elementary School: Cloudland
Middle School: Cloudland
High School: Cloudland
Description
Investment opportunity! This unique property offers a prime investment opportunity in the heart of Roan Mountain, TN. The downstairs space is ideal for a retail business, perfectly positioned to attract both locals and tourists alike. Upstairs, the property features four spacious apartments, each boasting two bedrooms, four bathrooms, a generously sized living room, and a full kitchen. These well-appointed units are perfect for long-term tenants or vacation rentals, providing a steady income stream; estimated annual income at $50,000. Roan Mountain is part of the Johnson City Metropolitan Statistical Area, which is included in the Johnson City-Kingsport-Bristol, TN-VA Combined Statistical Area, commonly known as the Tri-Cities region. This area is rich in culture and history, attracting visitors year-round. One of the key highlights of Roan Mountain is the annual Rhododendron Festival, held each summer at Roan Mountain State Park. The festival is a major draw, featuring traditional foods, locally handmade crafts, and performances by Southern Appalachian musicians. Visitors also flock to the festival to see the stunning catawba rhododendron gardens, which reach their peak bloom in late June. Don't miss out on this exceptional property that combines commercial potential with residential income in a beautiful and culturally vibrant location.
Features & Amenities
- Asphalt Roof
- Back Porch/Patio
- Block Exterior
- Block Foundation
- Circular Driveway
- Concrete Driveway
- Concrete Exterior
- Concrete Flooring
- Concrete Perimeter Foundation
- Creek/Stream View
- Deck
- Double Pane Windows
- Drywall Walls
- Eat-in Kitchen
- Electricity Available
- Garage(s)
- Level Lot
- Metal Roof
- Mountain(s) View
- Paneling Walls
- Park
- Plaster Walls
- Poor Condition
- Public Water
- Restaurant
- Septic Tank Sewer
- Traditional
- Two-Level
- Vinyl Flooring
- Vinyl Siding Exterior
- Water Available
Listing Courtesy
CENTURY 21 Legacy