Dandridge Triplex

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30791802
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 3 Units
Building Size (RSF): 3,432 SF
Gross Building Area: See Agent
Gross Land Area: 1.27 Acres
Sale Price: $337,075
Unit Price: $112,358.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

Extremely convenient to I-40 and less than 2 min from Douglas Lake! This is the only rental in either direction on the exit. All units have washer/dryer connections, large rear yard, stoves, refrigerators & dishwashers. Roof ~ 10 years remaining. A new owner will appreciate county-only taxes and tenant-paid utilities including water & trash. Significant potential upside with rent increase on all units. Square footage is from tax records and should be verified. Call listing agent direct to schedule showings. Please allow for 24 hour notice to show. Do not disturb tenants.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Taxing Authority: Jefferson County
Tax ID/APN: 04508106108
Property Located Between: Douglas Lake & I-40 E
Airports: TYS
Site Description: Large lot
Area Description: ~1 mile to Douglas Lake
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1932
Roof Type: Gable
Construction/Siding: Stone, Wood Siding
Exterior Description: Wood & Stone siding
Parking Type: Surface
Parking Description: 2 spots in front of building, several in rear (gravel)
Total Parking Spaces: 4
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Well maintained, 3 units, mostly vinyl/carpet
Zoning Description: Residential
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,026 6,411 16,754
Median Age: 36.8 42.68 41.7
Households: 720 2,493 6,516

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