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Please Call For Address, Etowah, TN 37331

$1,200,000
  • Please Call For Address, Etowah, TN 37331 Main Photo

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Active
BEDS0 BATHS11 full SQUARE FEET10,848 MLS#20263342
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional Investment & Hospitality Opportunity on 21.75± Acres | Multiple Income Streams | Event Venue PotentialDiscover an extraordinary investment opportunity in the heart of East Tennessee, where natural beauty meets exceptional income-producing potential. Spanning approximately 21.75 acres across two parcels (Parcel #118 034.02 - 14.96 acres and Parcel #118 034.00 - 6.79 acres), this unique property offers a rare combination of established rental income, event capabilities, expansion opportunities, and breathtaking mountain surroundings.Whether your vision includes a thriving short-term rental business, boutique hospitality destination, wedding venue, retreat center, agritourism venture, nonprofit campus, multi-family investment, or a combination of income-producing uses, this property provides the versatility to bring those ideas to life.The property currently features multiple structures designed to support a variety of residential and commercial-style uses, including:??? Single-family residence (359 County Rd 475) built in 1917??? Triplex (361 County Rd 475) built in 1992??? Quadplex (353 County Rd 475) built in 1995 featuring four residential rental units, a community laundry room, and a spacious lower-level event hall suitable for gatherings, meetings, receptions, or private events??? Outdoor pavilion for entertaining and group activities??? Amphitheater providing additional space for weddings, performances, community events, or outdoor gatherings. (with a little tlc)The property's peaceful setting creates a retreat-like atmosphere while offering significant flexibility for both personal and business use. Mature trees, open spaces, mountain views, and a creek along the rear of the property provide a picturesque backdrop for guests, residents, and visitors alike.Investment possibilities include:??? Short-term vacation rentals or Airbnb accommodations??? Boutique lodge or hospitality business

| MLS# 20263342

This multi-family property located at , Etowah, TN 37331 is currently listed for sale with an asking price of $1,200,000. Search Etowah real estate on sandywhaley.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: Central Air
Heating: Central
Home Style: Ranch, Other
Roof Type: Metal
Taxes: $1,704
Year Built: 1995

Feature Descriptions

Appliances: Electric Range, Electric Water Heater, Refrigerator
Body of Water: Tellico, Ocoee, Hiwassee
Community Features: Sidewalks
Days on Site: 9
Exterior: None
Exterior: Vinyl Siding
Flooring: Carpet, Laminate, Tile
Interior: Separate Living Quarters, Pantry, Eat-in Kitchen
Laundry: Multiple Locations, Main Level, Laundry Room
Lot: Rural, Wooded
Parking: Parking Lot, Concrete, Driveway
Sewer: Septic Tank
Special View Info: Rural, Mountain(s)
Sqft Below Grade: 1176
Utilities: Phone Available, Cable Available, Electricity Available
Water: Public

Local Schools

High School: McMinn Central
Middle School: Mountain View
Elementary School: Mountain View

Listed By / Shown By

Listed By

Agency Name: East Tennessee Properties - Athens

Shown By

Agent Name: Sandy Whaley
Agent Phone: (423) 847-7879
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: RCAR MLS

Estimate Your Payment

Estimated Payment

$ 3,162.68 per month $2,670.68 Principal & Interest $142.00 Property Tax $350.00 Homeowner's Insurance

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