Tbd Us Highway 19e, Roan Mountain, TN 37687

$189,500
4
BD
5
BA
5,858
SqFt

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List Price
$189,500
MLS#
9970188
Status
ACTIVE
Baths
5
Baths Half
1
Beds
4
Sq. Ft
5,858
Region
Carter County
Subdivision
Not In Subdivision
Year Built
1956

Property 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.

Additional Information

Lot Dimensions
146 x 105 IRR
Style
Other, Traditional
Interior Features
Eat-in Kitchen
Exterior Features
Other
Flooring
Vinyl, Concrete
Roof
Asphalt, Metal
Heating
Other
Cooling
None
Utilities
Electricity Available, Water Available
Elementary School
Cloudland
Middle School
Cloudland
High School
Cloudland

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Listing courtesy of CENTURY 21 Legacy.