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Listing Details

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Description

Incredible multi-family opportunity in East Tennessee! Located within 5 minutes of downtown Sevierville. The property is zoned R-3 for the possibility of expansion. These fully occupied multi-family units with an additional single family unit are currently bringing in over $6200/month. These units feature over 5200 sq ft of living space and 4600 sq ft of paved parking. The 5 units consist of 1-4br/2ba, 2-2br/1ba, 2-1br/1ba units. With low maintenance and LOCATION, LOCATION, LOCATION!!!!! Makes this a must see for anyone looking to expand their portfolio. Take advantage of the 5-door deal before it's gone.

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© 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Terrell-Drager Team - Prime Mountain Properties. Information is deemed reliable but is not guaranteed accurate by the MLS or The Terrell-Drager Team - Prime Mountain Properties. Data last updated: 2021-09-20T22:34:22.61.
www.janeterrell.com/homes/121131239
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202 Meadow Lane Sevierville, TN 37862

  • Price: $1,050,000
  • Status: Active
  • Updated: 52 min ago
  • ID#: 1166428
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,211
SQFT
$201
$/SQFT
1919
Built
County:
Sevier
Area:
Sevierville
Property Description
Incredible multi-family opportunity in East Tennessee! Located within 5 minutes of downtown Sevierville. The property is zoned R-3 for the possibility of expansion. These fully occupied multi-family units with an additional single family unit are currently bringing in over $6200/month. These units feature over 5200 sq ft of living space and 4600 sq ft of paved parking. The 5 units consist of 1-4br/2ba, 2-2br/1ba, 2-1br/1ba units. With low maintenance and LOCATION, LOCATION, LOCATION!!!!! Makes this a must see for anyone looking to expand their portfolio. Take advantage of the 5-door deal before it's gone.
Exterior Features

Construction Frame Driveway Yes Garage Parking On Premise Parking Lot Size 558.46 X 101.55 Siding Vinyl

Interior Features

Appliances DishwasherRangeRefrigerator Cooling Central Cooling Floors CarpetVinyl Fuel Electric Heat Central Other Rooms Other

Property Features

Auction YN No City County Code City Limits City Taxes 511.51 County Taxes 1914.31 Gross Annual Income 78240.00 Lot 1 Multifamily Sub Type Four PlexHouse ConvertedOther New Financing CashConventional Owner Expenses AdvertisingElectricityExterior MaintenanceHvac MaintenanceInsuranceLawn MaintenanceRoof MaintenanceTaxesWater Property Status N/A Pud YN No Sale Includes Building And LandNo Furnishings Tenant Expenses Other Total Tax 2425.82 Type Of Units 1 Bedroom Unit2 Bedroom Unit Utilities Mo Avg 5000.00

Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Mountain Home Realty.


© 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Terrell-Drager Team - Prime Mountain Properties. Information is deemed reliable but is not guaranteed accurate by the MLS or The Terrell-Drager Team - Prime Mountain Properties. Data last updated: 2021-09-20T22:34:22.61.
 
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The Terrell-Drager Team - Prime Mountain Properties
807 Dolly Parton Parkway
Sevierville TN, 37862