Residential Duplex, Retail or Professional Offices

Multi-Family for Sale
Catylist Listing ID: 30725213
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 3,956 SF
Gross Building Area: 3,412 SF
Gross Land Area: 0.49 Acres
Sale Price: $350,000
Unit Price: $175,000 Per Unit
Property Use Type: Investment, Business
Usable Size (USF): 3,412 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/26/2021

Overview / Comments

Currently a residential duplex with $18,900 annual income – two large apartments. Perfect location for offices or professional building. Would serve as a retail space, salon, office space and more. Or, continue to realize the residential lease income. This property's zoning offers flexibility and choices for short and long term investment options. 1910 & 1912 E Broadway.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: City of Maryville
Tax ID/APN: 005047G F 00900
Zoning: BUSINESS & TRANSPORTATION (RESIDENTIAL INCLUDED)
Percent Occupied: 100%
Airports: 11 minutes to McGhee Tyson Knoxville Airport
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1959
Construction/Siding: Brick
Parking Type: Surface
Laundry: In Each Unit
Sprinklers: None
Zoning Description: Business and Transportation -- The land uses in the area include commercial (wholesale and retail), office, highway-oriented commercial (e.g. service stations, convenience stores, light industrial (assembly, light manufacturing), public/institutional (e.g., municipal buildings, recreational facilities), and residential (medium and high density).
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,063 33,969 72,566
Median Age: 35.31 39.2 40.62
Households: 3,233 13,815 29,150

Contact

Photograph of Listing Agent

Mark Rigsby

Re/Max First KAAR CIE Member
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