$525,000
$550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
510 Houston St Maryville, TN 37801
3,242 SqFt
Key Details
Sold Price $525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,242 sqft
Price per Sqft $161
Subdivision Homewood
MLS Listing ID 1211576
Sold Date 03/31/23
Originating Board East Tennessee REALTORS® MLS
Year Built 1945
Lot Dimensions 120X114
Property Description
100% occupied income producing 4-plex in the center of Maryville. This property was built in 1945 and is approx 3242 sqft on .32 acres. Each unit is currently rented and income producing. Each tenant responsible for individual utilities, owner responsible for lawn care. Additionally this property has a detached garage with electricity which could provide additional income, current rent rates are under market value due to long term consistent payment tenants so this property has upside potential as well. Current yearly gross income is $37,500, taxes per year are $3365.40. Deposits and leases on file for all 4 units, professional management is in place and can remain with agreement. Several updates have been made, call for income/expense breakdown and more information.
Location
State TN
County Blount County - 28
Rooms
Other Rooms Bedroom Main Level, Other, Mstr Bedroom Main Level
Interior
Heating Central, Natural Gas
Cooling Central Cooling, Ceiling Fan(s)
Flooring Laminate, Carpet, Vinyl
Appliance Smoke Detector, Refrigerator
Heat Source Central, Natural Gas
Exterior
Exterior Feature Patio
Garage On Premise Parking, Off-Street Parking
Garage Description Off-Street Parking, On Premise Parking
Roof Type Metal
Porch true
Parking Type On Premise Parking, Off-Street Parking
Garage No
Building
Faces From Hwy 321 in Maryville (W Lamar Alexander Pkwy) turn onto N Houston. Property on your right.
Additional Building Shed(s)
Structure Type Vinyl Siding,Brick,Frame
Others
Tax ID 057E B 045.00
Energy Description Gas(Natural)
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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