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.
Sold for $525,000 on 03/31/23
$525,000
510 N Houston St, Maryville, TN 37801
5beds
4baths
3,242sqft
Multi Family
Built in 1945
-- sqft lot
$546,200 Zestimate®
$162/sqft
$2,154 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 03, 2023 at 10:18am
Listed by:
Robert Smith 865-544-8606,
Brick & Mortar Properties, LLC
Bought with:
Beverly Linkous, 265129
The Real Estate Firm, Inc.
Source: East Tennessee Realtors,MLS#: 1211576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Laminate, Carpet, Vinyl
Interior area
- Total structure area: 3,242
- Total interior livable area: 3,242 sqft
Property
Parking
- Parking features: Off Street, On Premise Parking
Lot
- Size: 0.31 Acres
- Dimensions: 120 x 114
Details
- Additional structures: Shed(s)
- Parcel number: 057E B 045.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick, Frame
Condition
- Year built: 1945
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Maryville
- Subdivision: Homewood
Other
Other facts
- Listing terms: New Loan,Cash,Conventional