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    2834 Florence Drive

    Pigeon Forge, TN 37863
    • $995,000
    • STATUS: Active Under Contract
    • ON SITE: 88 days
    • ID#: 1140178
    Under Contract
    $995,000
    • 6
      BEDS
    • 0.31
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,080
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1965
    County:
    Area:

    School Ratings & Info

    Description

    Unique one of a kind property in the heart of downtown Pigeon Forge. Zoned as commercial C2, this presents an excellent investment opportunity in the current market. Projected annual rental revenue of $120,000-$130,000. There simply is no other cabin located in the heart of Pigeon Forge within walking distance to The Island and surrounding attractions of the Parkway, let alone one that offers these amenities - Amazing new outdoor area with a new swim spa, outdoor fireplace on a large deck, theater room, hot tub and game room. All of this with no winding or steep roads, an abundance of level parking, and 2 Master Bedroom Suites on the main level.Projected Cap Rate of 8 to 8.7% from credible, high producing cabin property management company.

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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 JET Real Estate. Information is deemed reliable but is not guaranteed accurate by the MLS or JET Real Estate. Data last updated: 2021-04-14T23:52:50.103.
    www.jetrealestate.com/homes/113333952
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    2834 Florence Drive Pigeon Forge, TN 37863

    • Price: $995,000
    • Status: Active Under Contract
    • ID#: 1140178
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.31
    Acres
    3,080
    SQFT
    $323
    $/SQFT
    1965
    Built
    Neighborhood:
    Lafollette Addn No 1 Rev
    County:
    Sevier
    Area:
    Pigeon Forge
    Property Description
    Unique one of a kind property in the heart of downtown Pigeon Forge. Zoned as commercial C2, this presents an excellent investment opportunity in the current market. Projected annual rental revenue of $120,000-$130,000. There simply is no other cabin located in the heart of Pigeon Forge within walking distance to The Island and surrounding attractions of the Parkway, let alone one that offers these amenities - Amazing new outdoor area with a new swim spa, outdoor fireplace on a large deck, theater room, hot tub and game room. All of this with no winding or steep roads, an abundance of level parking, and 2 Master Bedroom Suites on the main level.Projected Cap Rate of 8 to 8.7% from credible, high producing cabin property management company.
    Exterior Features

    Attached Or Detached Type Detached Construction BlockFrame Exterior Features DeckDoors - StormPorch - CoveredPorch - Screened Garage Parking Main LevelOff-Street ParkingRv Parking Lot Description Cul-De-SacPrivate Siding Log Style Cabin Type Other View City ViewMountain View

    Interior Features

    Appliances DishwasherDryerGas GrillMicrowaveRange/OvenRefrigeratorSmoke DetectorWasher Basement FinishedPlumbedWalkout Basement YN Yes Bonus Room No Cooling Central Cooling Fireplace Type GasGas LogsInsertStone Fireplace YN Yes Fireplaces 1.00 Floors CarpetTile Fuel ElectricGas (Natural) Heat CentralHeat Pump Misc Features Hot TubInternet AvailableWasher/Dryer ConnectWet Bar Other Rooms Basement Rec RoomExtra StorageFamily RoomGreat RoomLaundry/UtilityMstr Bdrm Main Level Rooms 11 Sq Ft Down Level 1260.00 Sq Ft Main Level 1820.00 Sq Ft Second Level 0.00 Sq Ft Third Level 0.00

    Property Features

    Auction YN No City County Code City Limits City Taxes 199.60 County Taxes 1856.28 HOA No In Sub Yes New Financing CashConventionalFha Property Status N/A Pud YN No Residential Sub Type Residential Restrictions Yes Site Built Yes Sq Ft Source Tax Records Total Tax 2055.88

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of United Real Estate Solutions.


    © 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 JET Real Estate. Information is deemed reliable but is not guaranteed accurate by the MLS or JET Real Estate. Data last updated: 2021-04-14T23:52:50.103.
     
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    JET Real Estate
    3959 Parkway
    Pigeon Forge TN, 37863