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    3247 E Lamar Alexander Pkwy

    Maryville, TN 37804
    • $299,900
    • STATUS: Active
    • ON SITE: 456 days
    • ID#: 1111281
    UPDATED: 42 min ago
    $299,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,512
      SQFT
    • $85
      $/SQFT
    Type:
    Multi-Family
    Built:
    1942
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Perfect location for home business...Multi family housing in a commercially zoned acreage tract. Has 3 rental homes, detached gar/wkshop & shed. 1.45 Acre Level tract of land w/ 192 front feet on Hwy 321 w/ approx 22,000 cars daily. Continue as rentals or raze & build your business on this flexible site! Rentals are $$570/$750/$1000/mo depending on house. Approx 8% Cap Rate. Operating expenses are estimates. All units have air conditioning. Note: tax assessor has this property under 2 addresses: 3247 and 3249 but both on same tract of land. Operating expenses include taxes, insurance & misc. Verbal estimate @ seller based on 2019. New carpet & paint in front home. New gutters w/ leaf guard. Front now vacant, back 2 homes occupied.

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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 Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2021-06-16T09:53:13.757.
    www.ashleyfinney.com/homes/104225856
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    3247 E Lamar Alexander Pkwy Maryville, TN 37804

    • Price: $299,900
    • Status: Active
    • Updated: 42 min ago
    • ID#: 1111281
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,512
    SQFT
    $85
    $/SQFT
    1942
    Built
    County:
    Blount
    Area:
    Maryville
    Elementary School:
    Walland
    Middle School:
    Heritage
    High School:
    Heritage
    Property Description
    Perfect location for home business...Multi family housing in a commercially zoned acreage tract. Has 3 rental homes, detached gar/wkshop & shed. 1.45 Acre Level tract of land w/ 192 front feet on Hwy 321 w/ approx 22,000 cars daily. Continue as rentals or raze & build your business on this flexible site! Rentals are $$570/$750/$1000/mo depending on house. Approx 8% Cap Rate. Operating expenses are estimates. All units have air conditioning. Note: tax assessor has this property under 2 addresses: 3247 and 3249 but both on same tract of land. Operating expenses include taxes, insurance & misc. Verbal estimate @ seller based on 2019. New carpet & paint in front home. New gutters w/ leaf guard. Front now vacant, back 2 homes occupied.
    Exterior Features

    Construction Frame Driveway Gravel Exterior Features Detached Workshop Garage Parking CarportDetached Lot Size F192 L 403 Rt 409 Rear 224 Siding Vinyl

    Interior Features

    Appliances Range/OvenRefrigerator Cooling Central Cooling Floors CarpetVinyl Fuel Electric Heat Central Other Rooms Mstr Bdrm Main Level

    Property Features

    Annual Oper Expenses 4000.00 Auction YN No City County Code County City Taxes 0.00 County Taxes 2362.31 Gross Annual Income 27840.00 Lease Information Back 2 Homes Are RentedFront Home is Newly Renovated And Vacant As is Adjoining Office Building. Miscellaneous Porch Multifamily Sub Type Other Net Operating Income 23840.00 New Financing CashConventional Owner Expenses Hvac MaintenanceInsuranceTaxes Property Status N/A Pud YN No Restrictions No Sale Includes Building And Land Tenant Expenses Tenant Pays All Util Total Tax 2362.31 Type Of Units 2 Bedroom Unit Units Leased 3.00 Utilities Mo Avg 0.00

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Town & Country - Realtors Of East Tn, Inc..


    © 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 Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2021-06-16T09:53:13.757.
     
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