Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30753047
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Status: Pending
Number of Units: 4 Units
Building Size (RSF): 3,132 SF
Gross Land Area: 16,117 SF
Sale Price: $325,000
Unit Price: $81,250 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 5.73%
Average Occupancy Rate: 100
Last Updated: 8/8/2021

Overview / Comments

RARE FIND - WELL KEPT ALL BRICK FOURPLEX IN LOUISVILLE - JUST OFF ALCOA HWY. Please see attached 3page pdf with expenses and details on rents, move in dates and security deposits. Law Rd offers easy access to both Knoxville and Maryville. Located just off Alcoa Hwy and Pellisippi Pkwy & just one short mile to the new Amazon fullfilment center. Floor plans offer spacious one bedroom units with washer/dryer connections. Residents enjoy easy parking, a quiet culdesac and convenient location. Located in booming Blount County with major employers such as Amazon, Denso, Alcoa Aluminum and McGhee Tyson Airport, Law Rd is a strong long term investment and is ideal for an owner-occupant as well. No sign on property. Please do not disturb residents.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County
Tax ID/APN: 005009 08400
Percent Occupied: 100%
Highway Access: Alcoa Hwy & Pellissippi Parkway (I-140)
Airports: McGhee Tyson Airport
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1971
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Baseboard
Fuel: Electric
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,313 16,271 57,928
Median Age: 36.11 42.59 41.57
Households: 1,551 7,014 24,813


Photograph of Listing Agent

Solange Velas, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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