Tbd US Highway 19E Roan Mountain, TN 37687
Listing Courtesy of: TENNESSEE VIRGINIA / Century 21 Legacy / Debra Elliott-Wade

  Tbd US Highway 19E Roan Mountain, TN 37687

Active (26 Days)
$189,500
4
BED
4.5
BATH
5,858
SQFT

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.

MLS #:
9970188
Lot Size
0.35 acres
Type
Single-Family Home
Year Built
1956
Style
Other, Traditional
Views
Creek/Stream, Mountain(s)
County
Carter County

Listed By

Debra Elliott-Wade, Century 21 Legacy
Source
TENNESSEE VIRGINIA
Last checked Sep 16 2024 at 6:43 PM GMT-0500
Bathroom Details
Interior Features
  • Windows : Double Pane Windows
  • Interior Features : Eat-In Kitchen
Subdivision
  • Not In Subdivision
Property Features
  • Foundation: Concrete Perimeter
  • Foundation: Block
Heating and Cooling
  • Other
  • None
Flooring
  • Vinyl
  • Concrete
Exterior Features
  • Roof: Metal
  • Roof: Asphalt
Utility Information
  • Utilities: Water Available, Electricity Available
  • Sewer: Septic Tank
School Information
  • Elementary School: Cloudland
  • Middle School: Cloudland
  • High School: Cloudland
Parking
  • Concrete
  • Circular Driveway
Living Area
  • 5,858 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Tennessee Virginia Regional MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/16/24 11:43