606 Home Ave, Maryville, TN 37801
$1,375,000
Property Type:
Commercial
Square Footage:
27,769
Lot Size (sq. ft.):
88,427
Status:
Closed
Current Price:
$1,375,000
List Date:
12/08/2016
Last Modified:
2/16/2018
Overview
Description
* Current cap rate 8.5%
* Excellent rental history with very low vacancy
* Highly sought-after City of Maryville schools
* 4 Multifamily Units (3-two story & 1-single story)
* 30-two bedroom, 1-one bedroom, 1-three bedroom apartment units
* 2-single family homes (one currently occupied by property manager)
* Higher rents possible for many of the units (see attached rent roll)
* Downtown location
* Convenient to shopping, greenbelt, parks and major roads
Listing Details MLS# 986180
Location Tax Legal Info
- House #
- 606
- Street Name
- Home
- St Suffix
- Ave
- State/Province
- TN
- Zip Code
- 37801
- PIN #
- 057f E 010.00
Contract Info
- Auction Y/N
- No
- Listing Price
- 1495000
General Property Description
- SqFt - Total (Aprox)
- 27769
- Lot Dimensions
- 150 X 76.8 IRR
- Acres
- 2.03
- # of Buildings
- 6
- Stories
- 2
- Zoning
- Central Communi
- # Parking Spaces
- 58
- Condition
- Fair
- Restrictions
- Yes
- Property Status
- N/A
Status Change Info
- Status Change Date
- 2018-02-16
- Under Contract Date
- 2017-11-06
- Sold Date
- 2018-02-15
IncomeExpenses
- Net Operating Income
- 129615
Location, Tax & Legal Info
- Area
- Blount County - 28
- City/County Code
- City Limits
- Total Tax
- 20542
More Information
Location
- Inside City
- Yes
Remarks & Misc
- Directions
- 321 toward Townsend to Left Home Avenue. Property on Right.
- Public Remarks
- * Current cap rate 8.5% * Excellent rental history with very low vacancy * Highly sought-after City of Maryville schools * 4 Multifamily Units (3-two story & 1-single story) * 30-two bedroom, 1-one bedroom, 1-three bedroom apartment units * 2-single family homes (one currently occupied by property manager) * Higher rents possible for many of the units (see attached rent roll) * Downtown location * Convenient to shopping, greenbelt, parks and major roads
Income/Expenses
- Gross Annual Income
- 202423
- Annual Oper Expenses
- 72808
Commercial Type
- Other
- Yes
Construction
- Other
- Yes
Sale/Lease Includes
- Apartment
- Yes
- House
- Yes
Siding
- Vinyl
- Yes
- Other
- Yes
Road Access
- Public Road
- Yes
Miscellaneous
- Internet Available
- Yes
Cooling
- Central Cooling
- Yes
- Other
- Yes
Utilities on Site
- Electric
- Yes
- Public Water
- Yes
- Sewer
- Yes
Fuel
- Electric
- Yes
Additional Info
- Other
- Yes
Easements
- Recorded R.O.W.
- Yes
- Other
- Yes
Heat
- Central
- Yes
Expenses Included
- Property Insurance
- Yes
- Property Management
- Yes
- Repair & Maint
- Yes
- Taxes - Real Estate
- Yes
- Utilities
- Yes
- Other
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Commercial Type:
Other
Road Access:
Public Road
Utilities on Site:
Electric; Public Water; Sewer
Additional Info:
Other
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling; Other
Location:
Inside City
Construction:
Other
Siding:
Vinyl; Other
Easements:
Recorded R.O.W.; Other
Expenses Included:
Property Insurance; Property Management; Repair & Maint; Taxes - Real Estate; Utilities; Other
Miscellaneous:
Internet Available
New Financing:
Cash; Conventional
Showing:
See Agent Instructns
Documents
Rent Roll ›
Listing Office:
LeConte Realty, LLC
IDX
Office Phone: 865-268-4180
Last Updated: February - 16 - 2018
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
