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

More Information

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
IDX
Listing Office: LeConte Realty, LLC
Last Updated: February - 16 - 2018
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 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 daily, 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.