Unicoi TN Multi Family for Sale

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Type:
Other
Sq.Ft.:
5,000
Status:
Active
Beds:
n/a
Lot size:
1.88 Acres
Year built:
2020
Baths:
MLS#:
9967598
Subdivision:
Not In Subdivision

ADDITIONAL INFORMATION

Buyer can move into one of the units with a 30-day notice!! Live in one unit and have two occupied rentals making income. Watch the video tour at https://vimeo.com/963738689 and see for yourself the potential of this property. $49,800 Gross Income/Yr. $35,700 Net Operating Income. 3-Unit 5,100 sq ft MF with Creekside RV Park Approved Plans for Future Income Stream. Situated on 1.9 acres of opportunity! With many possibilities, this property has been recently renovated with 3 constructed townhomes. (completed Jan 2024). The garage loft (Unit 1) rents for $1500/mo. 2400 sq ft multi-use space including 1 BR/1 BA, kitchen, dining, laundry set up (w/ washer/dryer), & HUGE upstairs loft room overlooking the open garage space housing 10' drive-thru garage doors, perfect for pulling in large vehicles. Has its own entrance. Two of the condos are 1,300 sq ft ea (2 BR/2 FULL BA). Lower level has 1 BR/1 BA, kitchen, LR. Upstairs has 1 BR/1 BA, LR, & office/loft, complete with high ceilings! Entry to these 2 condos is through main foyer adding extra security & direct access to a shared laundry room. Owner put $30k into the start of an RV Park, including clearing of trees & grade work for 7 spots (4 spots approved for septic, water, & electric & 3 more spots for water & electric only). 2nd septic tank already installed under ground in TDEC approved septic field for RV's (buyer will be responsible for completion of running water/electric to the spots and connecting to septic field). Separate water/electric meter installed for lots as well (building has its own meters for townhomes). On back of building, two 50 amp plugs can power 2 RVs currently. NETN average monthly RV rates are $250-$500 per month (all inclusive=water/sewer/cable) on gravel. NETN average nightly RV rates are $70-$90 per night (all inclusive) on gravel. Concrete pads get more. Electric/water without sewer get less. Conservative estimate is additional $15K/yr GI & $12K/yr NOI for monthly RV rentals when done.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



Unicoi Real Estate

The median home value in Unicoi, TN is $218,600. This is higher than the county median home value of $177,800. The national median home value is $338,100. The average price of homes sold in Unicoi, TN is $218,600. Approximately 60.98% of Unicoi homes are owned, compared to 32.65% rented, while 6.37% are vacant. Unicoi 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 Unicoi real estate agent to arrange a tour today!

Unicoi, Tennessee 37692 has a population of 3,793. Unicoi 37692 is less family-centric than the surrounding county with 22.67% of the households containing married families with children. The county average for households married with children is 26.39%.

The median household income in Unicoi, Tennessee 37692 is $40,388. The median household income for the surrounding county is $47,610 compared to the national median of $69,021. The median age of people living in Unicoi 37692 is 50.3 years.

Unicoi Weather

The average high temperature in July is 84.8 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 45.2 inches per year, with 10.6 inches of snow per year.

Unicoi Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    54
    30-day change

Unicoi Schools and Demographics

Education near Unicoi, TN

Metric City County
High School Graduates 87.86 86.21
College Degree - 2 year 9.38 8.33
College Degree - 4 year 19.87 16.03
Graduate Degree 5.72 4.03
Expenditures per Student 10,294 10,294
Students per Teacher 13.8 13.8

Elementary Schools near Unicoi, TN

School Grades Students P/T Ratio ZIP
Cherokee Elementary School KG - 04 384 14.4 37604
Fairmont Elementary School PK - 04 546 15.6 37601
Happy Valley Elementary School PK - 04 557 15.5 37601
Lake Ridge Elementary School KG - 04 517 16.7 37601
Mountain View Elementary School KG - 04 485 15.8 37601
South Side Elementary School PK - 04 372 14.9 37604
Towne Acres Elementary School KG - 04 349 15.2 37604
Unicoi Elementary School PK - 03 280 10.4 37692
Woodland Elementary School PK - 04 424 14.1 37604

Middle Schools near Unicoi, TN

School Grades Students P/T Ratio ZIP
Boones Creek Middle School 05 - 08 310 14.8 37601
Indian Trail Intermediate School 05 - 06 1,184 17.3 37601
Liberty Bell Middle School 07 - 08 1,141 22.4 37601
Unicoi County Intermediate School 04 - 05 394 17.1 37650
Unicoi County Middle School 06 - 08 609 16.9 37650

High Schools near Unicoi, TN

School Grades Students P/T Ratio ZIP
Science Hill High School 09 - 12 2,251 16.1 37604
Unicoi County High School 09 - 12 780 16.6 37650
Washington County Virtual School 09 - 12 0 37604

Ungraded Schools near Unicoi, TN

School Grades Students P/T Ratio ZIP
* Washington County Adult High School 09 - 12 0 0 37601
University School KG - 12 503 15.5 37614

Demographics near Unicoi, TN 37692

Metric Zip Code City
Neighborhood Type Small town
Population 3,793 17,891
Population Density 234 96
Median Age 50.3 47.3
People per Household 2.3 2.3
Median Household Income 40,388 47,610
Average Income per Capita 26,829 25,670