For Sale: 2353 Highway 107, Unicoi, TN 37692Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River!Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential.This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner.Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each.The expansive 2,400 sq. ft. garage loft offers multi-use potential - currently rented for $1,500/month - featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use.Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park.$30,000 in groundwork and site prep already completed7 total lots near the river4 lots approved for septic, water, and electric3 additional lots approved for water and electric onlyClearing and grading complete with utilities ready for final connectionAdditional features include:Over 109 ft of road frontage on Highway 107Fenced side yardOutdoor shed for additional storageShared laundry center for tenants and guests in main building. Unit 3 has their own laundry. With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless.This income-producing, fully rented riverfront property is ready for its next owner - schedule your showing today!
Listed By
Agency Name: Wallace Jennifer Scates Group
Shown By
Agent Name: Rebecca Johnson
Agent Phone: Cell: (865) 446-0380
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 1,611.03 per month $1,424.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $186.67 Homeowner's Insurance
2353 Highway 107 | MLS# 1317554
This multi-family property located at 2353 Highway 107, Unicoi, TN 37692 is currently listed for sale with an asking price of $640,000. Search Unicoi County real estate on www.soldbyrebeccaj.com today.