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102 Asbury Way, Maryville, 37804
Priced At: $2,600,000
Listing Videos - 1
Property Details for ID: 1287742
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 12,804
Price SqFt: $203
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-01-23T21:00:35Z
Public Remarks: 12 townhouse units in booming Maryville, TN, in the foothills of the Great Smoky Mountains! Two all brick 6-plexes, located in a quiet suburban area that is primarily single family residences. At almost 1,110 sq ft each, these townhomes are larger than many. All are 2 BDRM, 1.5 BA. All units are separately metered and tenants pay own utilities. On-site parking at the front door of each unit. This property is ideal for an investor looking for a low maintenance, quality product in a prime location for either long term or short term rentals. All units are currently rented bringing in over $18,000.00/month in income. Total remodels include 10 of the units, with 2 units partially remodeled. All units have new granite countertops, new sicks, kitchen faucets, and more. Zero vacancies in the past 3 years. Property sits on 2 acre tract with approx 1 acre used for green space, with the potential to develop into a value add space for the tenants. Room to grow with the rents.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 12,804
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Financing
Net Operating Income: 182,430
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Directions
From downtown Maryville take Hwy 411 East. Asbury Way is just past Brown School Rd. Property is on left. There is no sign on the property. PLEASE DO NOT DISTURB THE TENANTS.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
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