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    619-707 Cates St

    Maryville, TN 37801
    • $750,000
    • STATUS: Active
    • ON SITE: 30 Days
    • ID#: 1167972
    $750,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,612
      SQFT
    • $134
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Description

    Amazing Maryville Location! Steps to Maryville College - Adjacent to College ParkPlease don't let the exteriors fool you! These units show well inside. First time on the market in over 40 years. This complex consists of 2 buildings. 619 Cates contains 4 units. 707 Cates contains 6 units (Unit 713 was split into 713A & 713B- they share 1 electric & 1 water meter). 619 Cates has 4 electric meters & 1 water meter. 707 Cates has 5 elecric meters & 5 water meters. Current owner supplies all utilities & cable to 707 Cates. Going forward, it makes economic sense to transfer utilities to the tenants and stop paying cable which would greatly increase cash flow.

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    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Cook Team | Keller Williams Signature. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cook Team | Keller Williams Signature. Data last updated: 2021-10-17T23:51:49.38.
    www.mybetterlivinghome.com/homes/121551963
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    619-707 Cates St Maryville, TN 37801

    • Price: $750,000
    • Status: Active
    • ID#: 1167972
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,612
    SQFT
    $134
    $/SQFT
    1910
    Built
    Neighborhood:
    Howe Addn
    County:
    Blount
    Area:
    Maryville
    Property Description
    Amazing Maryville Location! Steps to Maryville College - Adjacent to College ParkPlease don't let the exteriors fool you! These units show well inside. First time on the market in over 40 years. This complex consists of 2 buildings. 619 Cates contains 4 units. 707 Cates contains 6 units (Unit 713 was split into 713A & 713B- they share 1 electric & 1 water meter). 619 Cates has 4 electric meters & 1 water meter. 707 Cates has 5 elecric meters & 5 water meters. Current owner supplies all utilities & cable to 707 Cates. Going forward, it makes economic sense to transfer utilities to the tenants and stop paying cable which would greatly increase cash flow.
    Exterior Features

    Construction FrameOther Driveway Gravel Exterior Features Porch - Covered Garage Parking On Premise Parking Lot Size 215X106xirreg Siding OtherStucco

    Interior Features

    Appliances RangeRefrigerator Cooling Central CoolingWall Cooling Floors CarpetHardwoodLaminateVinyl Fuel ElectricGas (Natural) Heat CentralOther Misc Features None Other Rooms Other

    Property Features

    Annual Oper Expenses 43167.00 Auction YN No City County Code City Limits City Taxes 3396.00 County Taxes 3695.00 Gross Annual Income 95280.00 Lease Information Many Long Term TenantsRenting On Weekly Or Biweekly Basis. See 3 Page Of Financials Under Doc Tab Miscellaneous PorchWasher/Dryer Cnctns Multifamily Sub Type Apartment Net Operating Income 42613.00 New Financing New Loan Owner Expenses InsuranceLawn MaintenanceSewerTaxesWater Property Status N/A Pud YN No Restrictions No Sale Includes Building And LandSome Furnishings Tenant Expenses CoolingElectricityHeating Total Tax 7091.00 Type Of Units 1 Bedroom Unit2 Bedroom UnitEfficiency UnitGardenTownhouse Units Leased 7.00 Utilities Mo Avg 822.00

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Goldman Partners Realty, Llc.


    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Cook Team | Keller Williams Signature. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cook Team | Keller Williams Signature. Data last updated: 2021-10-17T23:51:49.38.
     
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    The Cook Team | Keller Williams Signature
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    Knoxville TN, 37919