1170 Von Cannon Lane, Sevierville, TN 37876
$595,000
Property Type:
Multi-Family
Square Footage:
4,441
Lot Size (sq. ft.):
46,609
Status:
Active
Current Price:
$595,000
List Date:
3/22/2024
Last Modified:
5/13/2024
Description
Historic multi-unit home located in Boyd's Creek area minutes to downtown Sevierville, Knoxville, Maryville, and local attractions such as the National Park. Sitting on just over an acre, the home enjoys privacy and sprawling hillside views. Spanning eight bedrooms, seven bathrooms, and more than 4600 sq ft, this home is perfect for use as an investment property or permanent residence. A total of five rental units make up this home, with two units on the main level and three units on the second level. The two main level units consist of two bedrooms and two bathrooms per unit. On the second level you'll find a two bed, two bath unit, a one bed, one bath unit, and a studio floor plan with one bedroom in the final unit. A great, well-located, multi-unit property with lots of space and potential - come see it today before it's too late!
More Information MLS# 1254751
Location, Tax & Legal Info
House #: 1170
Street Name: Von Cannon
St Suffix: Lane
State/Province: TN
Zip Code: 37876
Area: Sevier County - 27
City/County Code: County
PIN #: 025012.23
Subdivision: Myrtle Renshaw Property
Elementary School: Boyds Creek
Middle School: Seymour
High School: Seymour
Total Tax: 910.57
Geo Lat: 35.91169
Geo Lon: -83.67884
Contract Info
Auction Y/N: No
Listing Price: 595000
Current Price: $595,000
Status: Active
Listing Date: 2024-03-05
Cooperation Comp: 3
Compensation Type: %
General Property Description
SqFt - Total (Aprox): 4441
Lot Dimensions: 64x70x126x167x270x213
Lot Size SqFt: 46609
Number of Units: 5
# Units Leased: 5
Utilities/Mo Avg: 850
Year Built: 1900
Property Status: N/A
Restrictions: Yes
Driveway: Paved
Lease Information: All leases month to month
Remarks & Misc
Directions: From downtown Knoxville, head along with U.S. Hwy. 441/411, from Knoxville to Sevierville, & go for approximately 11 miles, & then make a left onto Boyds Creek Road (S.R. 338). Follow Boyds Creek Road for approximately 6.5 mi., & then make a right onto Von Cannon Lane. Go on Von Cannon Lane for approximately 0.3 mi., & then the property will right in front of you, on your left (see sign). Property is located at 1170 Von Cannon Lane, Sevierville, TN 37876-0292.
Public Remarks: Historic multi-unit home located in Boyd's Creek area minutes to downtown Sevierville, Knoxville, Maryville, and local attractions such as the National Park. Sitting on just over an acre, the home enjoys privacy and sprawling hillside views. Spanning eight bedrooms, seven bathrooms, and more than 4600 sq ft, this home is perfect for use as an investment property or permanent residence. A total of five rental units make up this home, with two units on the main level and three units on the second level. The two main level units consist of two bedrooms and two bathrooms per unit. On the second level you'll find a two bed, two bath unit, a one bed, one bath unit, and a studio floor plan with one bedroom in the final unit. A great, well-located, multi-unit property with lots of space and potential - come see it today before it's too late!
Status Change Info
Status Change Date: 2024-03-22
Income/Expenses
Gross Annual Income: 76200
Annual Oper Expenses: 16722
Net Operating Income: 59478
Property Features
Property Sub-Type: Five or Six Plex
Type of Units: Efficiency Unit; 1 Bedroom Unit; 2 Bedroom Unit
Sale Includes: Building and Land
Floors: Carpet; Hardwood; Vinyl
Tenant Expenses: Trash Collection
Fuel: Electric
Heat: Central; Other
Cooling: Central Cooling; Other
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer
Construction: Frame
Roof: Shingle
Siding: Vinyl
Garage/Parking: Basement; Off-Street Parking
Exterior Features: Deck; Porch - Covered; Windows - Dble Pane
Misc Features: Cathedral Ceiling; Other; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect; Wired for Internet
Other Rooms: Other
New Financing: Cash; Conventional; New Loan
Documents
Plat ›Listing Office: The Art of Real Estate
Office Phone: 865-312-2225
Last Updated: May - 13 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.