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214 Main St, Caryville, 37714
Priced At: $899,000
Property Details for ID: 1293144
SqFt: 5,628
Price SqFt: $160
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-03-13T14:18:16Z
Public Remarks: Discover a fantastic investment opportunity with this 8-unit all brick apartment building in the charming town of Caryville, TN. Fully rehabbed in 2020—from plumbing and electrical to the roof and everything in between—this property is truly turnkey. Featuring a mix of one- and two-bedroom units, some fully furnished, it's ideal for Airbnb rentals or long-term tenants. Each unit has separate meters and individual HVAC systems, ensuring easy management. Residents or guests will enjoy the side fenced yard ideal for BBQ's. With very low county-only taxes, this is a high-yield investment in a growing area. Conveniently located right off Interstate 75, the property is next to an upcoming Amish restaurant and market, offering fresh organic meats and whole foods—a unique draw for both residents and visitors. Outdoor enthusiasts will love being just minutes from Cove Lake State Park, Norris Dam State Park, and North Cumberland OHV Park, a top destination for ATVs, UTVs, dirt bikes, and off-road adventures. And a 35 minute drive will take you to the popular Windrock ATV trails and outdoor shooting range. Minutes to Knoxville and Oak Ridge. Whether you're looking to expand your rental portfolio or tap into the booming vacation rental market, this prime investment is one you won't want to miss! All information deemed reliable; however, any and all information pertaining to the property needs to be verified by buyers.
Schools Information
Elementary School: CaryvilleMiddle / Junior School: Jacksboro
High School: Campbell County Comprehensive
Building Description
SqFt (Total): 5,628
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Directions
From Knoxville, take I-75 N for approx 26.4 mi. Take exit 134 toward US-25W N/TN-63 E/Caryville/Jacksboro/La Follette. Turn left onto Old TN-63 (US-25W S). Go .3 mi. Turn left onto Main St. Property on the right. Sign in the yard.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!