7521 Sevierville Pike Knoxville, TN 37920

Multi-Family for Sale
Catylist Listing ID: 30661474
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,066 SF
Sale Price: $180,000
Unit Price: $90,000 Per Unit
Property Use Type: Investment
Usable Size (USF): 2,066 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/18/2021

Overview / Comments

Each unit has new HVAC, each has its own electrical meter, one water meter which seller pays. Large units both have laundry hook ups.
Paved Parking. Tenants request showings to be on Mondays and must have advanced appointments. Both units are on month to month now. Left unit rents $800.00, Right unit rents $675.00

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: KNOX
Tax ID/APN: 124MB007
Percent Occupied: 100%
Property Located Between: John Sevier and Sevierville Pike
Highway Access: Just off John Sevier Hwy to Sevierville Pike
Airports: John Sevier Hwy to left on Alcoa Hwy to Airport on right
Site Description: Level with creek to back and side of property
Area Description: Near Walmart, Food City, Banking
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 1
Year Built: 1950
Year Renovated: 2019
Construction/Siding: Other
Parking Description: paved
Total Parking Spaces: 6
Laundry: In Each Unit
Sprinklers: None
Interior Description: Updated Kitchens
Zoning Description: Commercial87
Lot Frontage: 87
Lot Depth: 77
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: land owned by seller/buyer
Legal Description: 124MB007 130214

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,379 11,891 55,151
Median Age: 45.89 42.34 38.56
Households: 612 5,035 23,408


Photograph of Listing Agent

Pamela Hammontree

Hammontree Real Estate KAAR CIE Member
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