MARYVILLE 3 UNIT - HUGE $ DROP - MAJOR FIXER OPPORTUNITY!!!

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30813681
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Status: Pending
Number of Units: 3 Units
Building Size (RSF): 2,034 SF
Gross Building Area: See Agent
Gross Land Area: 7,300 SF
Sale Price: $225,000
Unit Price: $75,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 5.9%
Average Occupancy Rate: 100
Last Updated: 9/2/2022

Overview / Comments

HUGE PRICE REDUCTION - MAJOR FIXER - MARYVILLE TRIPLEX - OPPORTUNITY KNOCKS FOR THE RIGHT BUYER!!
This baby is a fixer. But she's fully occupied! She needs new rear stairs. She needs issues fixed in the basement (water intrusion when it rains, soft floors, etc). Recent inspection available for review. On the plus side, this is a great location to all including Pellissiippi State Technical College, all shopping, Maryville downtown & McGhee Tyson Airport. Pinedale is well located in booming Blount County with major employers such as the new Amazon Fulfillment Center, Smith & Wesson, Denso, Alcoa Aluminum and the Airport (serves Knoxville and surrounding areas). Main level is a 2 bedroom plus Den. In the rear, the stairs access the 2 one bedroom units. Two tenants are month to month, one tenant is under lease. 2 bedroom rents for $775, one bedrooms are rented at $500 & $650. Property is on septic.

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 005046NA03101
Percent Occupied: 100%
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 2
Year Built: 1940
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Heat Type: Other
Heat Source: Wall Units
Fuel: Gas, 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: 6,128 39,501 70,939
Median Age: 37.29 38.65 40.41
Households: 2,740 16,080 28,391

Contact

Photograph of Listing Agent

Solange Velas, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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