Seymour Investment Opportunity

Multi-Family for Sale
Catylist Listing ID: 30738920
Property Subtypes: Mixed Use
Number of Units: 2 Units
Building Size (RSF): 1,568 SF
Gross Land Area: 0.76 SF
Sale Price: $220,000
Unit Price: $110,000 Per Unit
Property Use Type: Investment
Building Name: Gatlin Properties
Usable Size (USF): 1,568 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 6/11/2021

Overview / Comments

Investors opportunity to own 2 for the price of 1! There is a 2 bedroom home 1 bath, kitchen and living room that has just recently been completely updated inside. Charmer of a home! Second is a clean mobile home that 2 bedrooms and 1.5 baths and has also recently been updated with flooring and paint. Super opportunity to get into the rental business 2 for 1!

House Rents $800
Trailer Rents $715

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Sevier County
Tax ID/APN: 078034 23400
Percent Occupied: 100%
Property Located Between: Chapman Hwy & Boyds Creek
Highway Access: Chapman Hwy to Boyds Creek, turn left off Boyds Creek to N Pitner Rd. Go to the end and property directly across from N Pitner and S Old Sevierville Pike Intersection.
Airports: McGee Tyson
Site Description: .76 Acres of Level land. 2 homes on 1 parcel.
Area Description: Rapid Growth. .3 miles from Seymour Schools. 15 minutes to Sevierville, Knoxville. 20 minutes Pigeon Forge or Maryville.
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 1
Year Built: 1958
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Aluminum Siding
Exterior Description: Both Homes are in very good condition. Great level yard.
Parking Ratio: 22 (per 1000 SF)
Parking Type: Other
Parking Description: Designated Parking at both locations.
Total Parking Spaces: 2
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Both units updated in the last 2 years inside. Paint and flooring.
Zoning Description: Residential
Lot Frontage: 360
Lot Depth: 62
Water Service: Municipal
Sewer Type: Septic
Legal Description: Parcel ID 034 234.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,917 18,889 33,809
Median Age: 42.67 40.61 40.24
Households: 1,876 7,241 12,816
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