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Key Details
Sold Price $525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,428 sqft
Price per Sqft $216
MLS Listing ID 2535420
Sold Date 08/16/23
HOA Y/N No
Year Built 1947
Annual Tax Amount $1,146
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 168.6 X 154 X IRR
Property Description
Multi-family home with 3 separate apartments and a common laundryroom / storage on the ground floor. The ground floor apartment has 2-bedrooms and 1-bathroom, and both upstairs apartments have 1-bedroom and 1-bathroom each. Each unit has individual heat / air with propane heat pumps. Property is currently being used for long-term rentals, and has the potential to be used as overnight rentals, or a great location for a business. Property faces the main Parkway conveniently located only 4 miles to Dollywood, and 6 miles to Gatlinburg. Currently only 2 of the apartments are rented, and well below market value due to being long time tenants. Owner chose not to rent vacant apartment to put the property on the market.
Location
State TN
County Sevier County
Zoning C-2
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace N
Exterior
Waterfront false
View Y/N false
Roof Type Asphalt
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame, Brick
New Construction false
Schools
Elementary Schools Pi Beta Phi Elementary
Middle Schools Pigeon Forge Junior High School
High Schools Pigeon Forge High School
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