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507 Lord Ave

Maryville, TN 37801
  • $660,000
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • ID#: 1205383
Under Contract
UPDATED: 48 min ago
$660,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,354
    SQFT
  • $123
    $/SQFT
Type:
Multi-Family
Built:
1928
County:
Area:

School Ratings & Info

Description

7.8 CAP RATE! MARYVILLE 5 PLEX - NEW ROOFS - GREAT UNIT MIX - 3 LOTS - TWO UNITS BEAUTIFULLY REMODELED.These 3 individual side by side properties have excellent amenities including central HVAC and washer dryer hookups. City picks up trash and tenants pay all utilities including water. Property consists of two duplexes & a single family residence, is downtown adjacent & one mile from Maryville College. Two Units beautifully remodeled with all new everything, tenant paid utilities & great location help make this 5 plex a great long term investment with plenty of upside potential.

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© 2022 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 Mountain Home Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Mountain Home Realty. Data last updated: 2022-10-03T17:28:39.53.
www.mountainhomerealty.com/homes/132933083
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507 Lord Ave Maryville, TN 37801

  • Price: $660,000
  • Status: Active Under Contract
  • On Site: 24 Days
  • Updated: 48 min ago
  • ID#: 1205383
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,354
SQFT
$123
$/SQFT
1928
Built
County:
Blount
Area:
Maryville
Property Description
7.8 CAP RATE! MARYVILLE 5 PLEX - NEW ROOFS - GREAT UNIT MIX - 3 LOTS - TWO UNITS BEAUTIFULLY REMODELED.These 3 individual side by side properties have excellent amenities including central HVAC and washer dryer hookups. City picks up trash and tenants pay all utilities including water. Property consists of two duplexes & a single family residence, is downtown adjacent & one mile from Maryville College. Two Units beautifully remodeled with all new everything, tenant paid utilities & great location help make this 5 plex a great long term investment with plenty of upside potential.
Exterior Features

Construction Other Driveway Gravel Exterior Features Porch - Covered Garage Parking On Premise Parking Lot Size 130X151xirreg Siding Stone

Interior Features

Appliances DishwasherRangeRefrigerator Cooling Central Cooling Floors HardwoodLaminateVinyl Fuel Electric Heat Central Other Rooms Mstr Bdrm Main Level

Property Features

Annual Oper Expenses 19393.00 Auction YN No City County Code City Limits City Taxes 3273.00 County Taxes 3561.00 Gross Annual Income 71100.00 Lease Information 3 Units in Lease2 Units Month To Month Multifamily Sub Type DuplexFive Or Six PlexOther Net Operating Income 51707.00 New Financing ConventionalNew Loan Owner Expenses Hvac MaintenanceInsuranceTaxes Property Status N/A Pud YN No Sale Includes Building And Land Tenant Expenses Tenant Pays All Util Total Tax 6834.00 Type Of Units 2 Bedroom Unit3 Or More Bdrm UnitsGarden Units Leased 5.00 Utilities Mo Avg 0.00

Listing information © 2022 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Goldman Partners Realty, Llc: (865) 444-3240.


© 2022 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 Mountain Home Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Mountain Home Realty. Data last updated: 2022-10-03T17:28:39.53.
 
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Mountain Home Realty
1989 Winfield Dunn Pkwy Ste 6
Sevierville TN, 37876