834 N Broadway - Corner of Gill Ave

Multi-Family for Sale
Catylist Listing ID: 30290265
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,451 SF
Sale Price: $249,900
Unit Price: $124,950 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2018

Overview / Comments

Historic 4th and Gill area. Convenient to Downtown Knoxville. This property sits on the corner of Gill & N Broadway. Lots of possibilities with 0-1 commercial zoning with C-3 &4 next door. Ideal for office on main and living up. It is currently being used as a duplex: Unit 1 on main with 2brs 1ba, formal dining rm, living rm & eat-in kitchen (range, dishwasher & refrigerator, washer & dryer). Unit 2 up has 2brs 1ba, living rm & kitchen (range, refrigerator, washer & dryer. Each unit has its own gas & electric meter and the water meter is shared and included in the rent. Could be converted to a single family residence. Per seller parking in back alley way off Gill Ave or across the street in church parking lot. Also convenient to KAT bus stop.Currently rented main $1000 month and Up $950.00 mth leases run to July 31. Buyer to verify sqft.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 081MP015
Zoning: 0-1
Property Located Between: N Broadway & Gill Ave
Area Description: 4th and Gill
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1899
Roof Type: Gable
Construction/Siding: Wood Siding
Parking Type: Other
Parking Description: Per seller parking in back alley way off Gill Ave or across the street in church parking lot.
Laundry: In Each Unit
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas, Electric
Air Conditioning: Package Unit
Zoning Description: 0-1
Lot Frontage: 50
Lot Depth: 71
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,980 91,281 162,296
Median Age: 34.17 32.87 35.27
Households: 4,250 37,750 69,303


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