340-346 Jimtown Rd $499,000

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    340-346 Jimtown Rd Newport, TN 37821

    • 0 Beds
    • 0 Baths
    • 5,868 sq. ft.
    • Multi-Family
    • Listing# 1116405
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    Views: 6 Days On Market: 88

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    Property Details

    CUSTOM-BUILT HOME, MINI-FARM & INCOME PRODUCING TRIPLEX APARTMENT ON 13.5 ACRES! 3164 SQ FT 4BR/3BA ALL BRICK BASEMENT RANCH OFFERS SPACIOUS MAIN LEVEL & BASEMENT LIVING AREA W/KITCHEN, LIVING ROOM & BATH FOR MULTI-FAMILY OR ADDITIONAL RENTAL INCOME. MANY UPGRADES, COPPER PLUMBING, NEWER HVAC & DUCT WORK! TRI-PLEX OFFERS 2 APARTMENTS @ 780 SQ FT EACH W/2 BR/1BA & CURRENTLY RENTS FOR $400 EACH W/ADDITIONAL BASEMENT APARTMENT @ 1144 SQ FT W/2BR/1BA & CURRENTLY RENTS FOR $475! FENCED CATTLE PASTURE & 32 X 49 BARN CURRENTLY LEASED FOR $50 MONTH TO MONTH! JUST OUTSIDE CITY LIMITS WITH UTILITY WATER, NATURAL GAS & IDEALLY LOCATED 1 MILE FROM DOWNTOWN NEWPORT W/CLOSE PROXIMITY TO SHOPPING, RESTAURANTS, CITY RECREATION PARK, EASTERN ENTRANCE OF THE GREAT SMOKY MTN NATIONAL PARK, I-40, RIVER RAFTIN

    • General Features
      • Type of Units 2
      • Sale Includes Building and Land
      • Year Built 1963
    • Building Features
      • Appliances Range/Oven, Refrigerator
      • Cooling Ceiling Fan, Central Cooling
      • Construction Frame, Frame - Brick
      • Driveway Asphalt
      • Fuel Electric
      • Floors Carpet, Hardwood, Tile, Vinyl
      • Heat Central
      • Siding Brick
      • SqFt Total Aprox 5,868
      • Other Rooms Den/Study
      • # of Units 3.00
    • Property Features
      • Miscellaneous Porch, Sunroom, TV Cable Available, Utility Room, Washer/Dryer Cnctns

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    Neighborhood

    37821 (Newport) Demographics

    43 Median Age
    175 Population Density (per sq. mile)
    14% College Educated
    $27,902 Estimated Median Income
    5,849 Estimated Total Home Owners
    3,341 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    21,989 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $156,000 Median Sales Price
    4 Homes Sold
    21 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $499,000
        5/11/2020 11:24:00 AM New in Database Source New Value: $499,000

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        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Knoxville Area Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.