Triplex in Blount County

Multi-Family for Sale
Catylist Listing ID: 30712423
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 2,652 SF
Gross Building Area: See Agent
Sale Price: $159,900
Unit Price: $53,300 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2021

Overview / Comments

Investor Liquidation - Estimated income potential of $2100/month. Great commercial investment opportunity in Blount County just minutes from town and adjacent to Porter Elementary. Three separate units: two 2-bed/1-bath and one 2-bed/2-bath. Upstairs unit vacant and in need of renovations. Photos of downstairs units availble upon request. New gutters and soffit installed in 2020. The 2-bed/2-bath unit has HVAC. Occupied units are rented with month-to-month leases. Tenants pay all utilities. Property is in a floodzone and insurance is $1737 per year. Please do not walk around property without a licensed agent or disturb tenants. Property is zoned commercial.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County
Tax ID/APN: 005029P E 00500
Zoning: COMMERCIAL
Area Description: Adjacent to Porter Elementary School
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 2
Year Built: 1942
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Surface
Laundry: In Each Unit
Sprinklers: None
Fuel: Electric
In Flood Plain?: Yes
Lot Frontage: 245 Feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 994 10,835 43,345
Median Age: 41.78 43.12 41.24
Households: 384 4,108 17,344

Contact

Photograph of Listing Agent

Amy Davis

Re/Max First KAAR CIE Member
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