Catylist ID: #30747396
2506 Cecelia Avenue - Multi Family
Multi-Family for Sale
|Catylist Listing ID:||30747396|
|Number of Units:||5 Units|
|Building Size (RSF):||3,120 SF|
|Gross Land Area:||0.44 Acres|
|Unit Price:||$96,000 Per Unit|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
A Great Investment Opportunity!
Income-producing 5 unit rental property in excellent condition. Brick 4 plex building, each unit is 1 BR/1BA plus mobile home with 2BR/2BA. Ample parking in the rear. Long-term, quality renters. The property has many recent updates with literally no work needed to transition to a new owner. Efficiently managed with tenants paying online.
The knowledgeable property manager and maintenance staff can convey this to the new owner. Property records are in the cloud and will be shared with the new owner.
Four approximately 600+ square feet units, a bedroom, living room, kitchen, and bath. All electric kitchen is nicely equipped with range/oven, refrigerator, microwave, and dishwasher. Each unit has mini blinds, ceiling fans, a PTAC heat/air unit, laminate & vinyl floors, and front and back porches.
Plenty of off-street parking. There is easy access to I-140 so the location is minutes from McGhee Tyson Airport, University of Tennessee & UT Medical Center, Alcoa Aluminum, Denso, Rubbermaid, Clayton-Vanderbilt Homes, Maryville College, and Blount Memorial Hospital. Additionally, it is situated in the foothills of beautiful and scenic Great Smoky Mountains National Park for those who may be outdoors enthusiasts.
Attachments & Media
|Finance Data Year||2022|
|Real Estate Taxes - Annual($)||$4,000 (Annual)|
|Assessed Value - Total($)||$180,000 (Annual)|
|Finance Data Year||2021|
|Real Estate Taxes - Annual($)||$1,698 (Annual)|
|Potential Rental Income||$49,800 (Annual)|
|Net Operating Income||$28,429 (Annual)|
|Actual or Proforma Year||Proforma|
|Taxing Authority:||Blount County|
|Tax ID/APN:||005037J G 05300|
|Zoning:||BLOUNT COUNTY S- SUBURBANIZING|
|Total Number of Buildings:||2|
|Number of Stories:||2|
|Proximity:||1 mile||3 miles||5 miles|
Frank Weiskopf, CCIMRealty Executives Associates KAAR CIE Member
|© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|