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    2834 Florence

    Pigeon Forge, TN 37863
    • $995,000
    • STATUS: Active Under Contract
    • ON SITE: 117 days
    • ID#: 240093
    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

    Listing courtesy of United Real Estate Solutions.


    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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    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2021-05-18T00:15:39.967.
    www.smokymountainhomesearch.com/homes/113440905
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    2834 Florence Pigeon Forge, TN 37863

    • Price: $995,000
    • Status: Active Under Contract
    • ID#: 240093
    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

    Access City StreetPaved Construction Wood SidingBlockFrameLog Exterior Features DeckScreened PorchGuttersPatio Foundation Basement Garage Capacity 0.00 Garage Type None Roof Metal Style Cabin

    Interior Features

    Appliances DryerRefrigeratorWasherElectric RangeMicrowave/Range Hood ComboDishwasherSmoke Detector Attic Access Only Basement Finished-All Bonus Rooms No Cooling Electric Heat Pump Fireplace Gas LogGas Starter Heating Forced Air Gas Interior Features FurnitureRecreation RoomLarge Master BedroomW/D ConnectionCeiling Fan(S)Wet BarHi-Speed InternetWindow Treatment Number Of Rooms 11 Sq Ft Above Grade 1820 Sq Ft Finished Basement 1260 Sq Ft Unfinished Basement 0 Stories Two

    Property Features

    Annual Tax 2055.80 Construction Type Site Built District 05 Hoa YN No Lot Block Unit 8-AR Miscellaneous Hot TubBroadband Internet AvailableCable Tv Occupancy Either Owner Financing No Proposed Financing FhaCashConventional Rental Rental History Residential Type Single Family Restrictive Covenants Yes Sewer Public Sewer Tax Year 2019 Water Utility Zoning C-6 Zoning Entity Pigeon Forge

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of United Real Estate Solutions | Office Phone: 8654442400 .

    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2021-05-18T00:15:39.967.
     
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    Century 21 Legacy
    3224 East Parkway Gatlinburg
    Gatlinburg TN, 37738
    Listing courtesy of United Real Estate Solutions.