Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Howe Addn
MLS Listing ID 1302817
Year Built 1939
Lot Dimensions 55x107
Source East Tennessee REALTORS® MLS
Property Description
The building's current layout is a tri-plex with two upstairs units and a spacious ground-level unit, all occupied by long-term tenants who appreciate the building's charm and convenient location. It's a turnkey investment property with immediate rental income already in place.
The current owner has also begun renovations in the back of the building to create a studio apartment that could serve as a fourth unit. This is a versatile space that could become a home for the new owner or an additional income-producing rental unit. With its distinct history and flexible layout, this property offers endless possibilities.
Beyond its investment potential, 717 Cates St is a storied landmark that invites you to become part of its history. Whether you're searching for a property with deep community roots, a home that's walkable to the best of Maryville, or a chance to restore and elevate a piece of local heritage, this is the perfect canvas.
Opportunities like this don't come along every day. This isn't just an investment; it's a chance to write your own chapter in the story of College Hill. Reach out for your own personal showing.
Location
State TN
County Blount County - 28
Rooms
Other Rooms Office, Mstr Bedroom Main Level
Interior
Interior Features Kitchen Island
Heating Central, Natural Gas, Space Heater, Electric
Cooling Central Cooling, Ceiling Fan(s), Window Unit(s)
Flooring Laminate, Hardwood, Carpet
Appliance Refrigerator, Self Cleaning Oven
Heat Source Central, Natural Gas, Space Heater, Electric
Exterior
Exterior Feature Balcony
Parking Features On-Street Parking, Off-Street Parking, On Premise Parking
Garage Description On-Street Parking, Off-Street Parking, On Premise Parking
Roof Type Built-Up
Garage No
Building
Faces Heading east on Hwy 321, turn right onto Cates St. Travel up the hill approximately 0.3mi and property is on right on corner of Cates and Stanley Ave. Building is red.
Structure Type Brick,Block
Schools
Elementary Schools Sam Houston
Middle Schools Maryville Middle
High Schools Maryville
Others
Tax ID 058H D 018.00
Energy Description Electric, Gas(Natural)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://my.matterport.com/show/?m=1L7b8QkBLJ1&brand=0
1111 N Northshore Dr SPC N-600, Knoxville, TN, 37919, United States