1. Tennessee
  2. Roan Mountain
  3. Tbd Us Highway 19e
$189,500

Tbd Us Highway 19e, Roan Mountain, TN 37687

  • 4 beds |
  • 5 baths |
  • 5,858 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $32/sqft
  • Property List Date Icon Listed 11 months ago

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.

Listing Status:
Active
Date Added:
January 17, 2025 at 06:00AM
Listing Office:
Century 21 Legacy : 423-282-1885
Listing Agent:
Debra Elliott-Wade : 865-318-2355
MLS ID:
9970188
  • General: Eat-in Kitchen
  • Flooring: ConcreteVinyl
  • A/C: None
  • Heating: Other
  • Fireplace: Fireplaces: 0

This listing courtesy of Debra Elliott-Wade, Century 21 Legacy

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Cloudland Elementary School

8540 Highway 19 E, Roan Mountain, TN, 37687

Grades PK-6

1.74 miles away

C

Cloudland High School

476 Cloudland Dr, Roan Mountain, TN, 37687

Grades 7-12

1.25 miles away

C

Cloudland High School

476 Cloudland Dr, Roan Mountain, TN, 37687

Grades 7-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.