Del Rio TN Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 1
- Lot size:
- 7.7 Acres
- Year built:
- 1996
- Baths:
- 4.00
- MLS#:
- 705693
ADDITIONAL INFORMATION
Step into this exceptional property, where you can both reside and generate income. Bordered by the Cherokee National Forest on three sides. The property boasts a large main house with 2 bedrooms , 2.5 baths, kitchen, dining, living area, den, loft and a walk-through closet. Roof installed in 2021. HVAC installed in 2021. Next door is a workshop with 2 enclosed carports and a 1 bdrm/1bath apartment. The upstairs apartment comprises a thoughtfully designed one-bedroom, one-bathroom living space, featuring a well-appointed full kitchen and dining area, perfect for comfortable everyday living. Furthermore, the apartment includes a spacious walk-in closet, providing ample storage. The upper portion of the land features three charming cabin studios, each equipped with half baths and a split level. With covered porches, decks, and balconies, these studios come fully furnished and include outdoor barbecue pits. Inside, you'll find a mini fridge with a freezer, a sink, and a microwave, while outside, the serene views of the woods offer a secluded escape from the hustle and bustle of everyday life. In addition, there's another building currently serves as housekeeping space, which holds potential for various other creative uses. A fixer-upper building on the property presents an exciting opportunity for reconstruction, tailored to your vision. The property also boasts a covered pavilion featuring picnic tables, a fire pit, restrooms, and a shower. Four rental units include furnishings and are turn key ready. Footpaths through forest to Brush Creek Trail. Furthermore, up to two campsites with water and electric hook-ups are next to a scenic hiking trail. Utilities are underground including electric and high speed Internet. This versatile property holds promise as a multi-family residence, an Airbnb investment, or a serene escape retreat. The options for this unique space are boundless, inviting you to craft a lifestyle that matches your aspirations. The property includes a picturesque pond encircled by a walking trail, allowing for tranquil strolls while observing the resident fish and frogs, creating a peaceful and natural ambiance. Additionally, a quaint chicken coop is currently repurposed as a storage shed, offering potential for various uses. Convenient to Newport, TN or Hot Springs, NC by 20 minutes. Gatlinburg and Asheville are an hour away.
Del Rio Real Estate
The median home value in Del Rio, TN is $260,000. This is higher than the county median home value of $186,900. The national median home value is $338,100. The average price of homes sold in Del Rio, TN is $260,000. Approximately 68.39% of Del Rio homes are owned, compared to 12.2% rented, while 19.42% are vacant. Del Rio real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Del Rio real estate agent to arrange a tour today!
Del Rio, Tennessee has a population of 2,385. Del Rio is less family-centric than the surrounding county with 22.68% of the households containing married families with children. The county average for households married with children is 22.79%.
The median household income in Del Rio, Tennessee is $48,515. The median household income for the surrounding county is $41,558 compared to the national median of $69,021. The median age of people living in Del Rio is 44.3 years.
Del Rio Weather
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 45.5 inches per year, with 5.8 inches of snow per year.