$800,000
$895,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
622 Cunningham Rd Seymour, TN 37865
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Dot Spence Farm
MLS Listing ID 1142146
Sold Date 06/01/21
Originating Board East Tennessee REALTORS® MLS
Year Built 2007
Lot Dimensions 4 Parcels
Property Description
This investment features four adjoining individually parceled duplexes that have been meticulously maintained. The historical average occupancy is 100% and rent collections have been unaffected by the pandemic. Tenants enjoy spacious floor plans, vinyl flooring throughout, and decks with amazing views of the mountains. There is room to further increase rent. All utilities are paid by the tenants.
Unit Mix:
616 N Cunningham: (2) 2 BR 1 BA Units
618 N Cunningham: (1) 2 BR 2 BA Unit + (1) 1 BR 1 BA Unit
622 N Cunningham: (2) 2 BR 1.5 BA Unit + (1) 1 BR 1 BA Unit
628 N Cunningham: (2) 2 BR 1 BA Units
Note: Unit #2 in 616 N Cunningham will be held vacant for showings until March.
Location
State TN
County Sevier County - 27
Rooms
Other Rooms Mstr Bedroom Main Level
Interior
Heating Central, Other
Cooling Central Cooling
Flooring Laminate, Vinyl
Appliance Dishwasher, Refrigerator
Heat Source Central, Other
Exterior
Exterior Feature Windows - Insulated, Windows - Vinyl, Porch - Covered, Balcony
Garage On Premise Parking
Garage Description On Premise Parking
Roof Type Shingle
Parking Type On Premise Parking
Garage No
Building
Faces South on Chapman Highway to LT on Old Sevierville Pike to LT on N Cunningham Road to property on LT
Structure Type Vinyl Siding,Block,Frame
Others
Tax ID 034 051.04
Energy Description Other Fuel
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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