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$2,299,500
2748 Florence Drive 9 units, Pigeon Forge, TN 37863
Active538 days on market

Listing provided by: Daria Turner · Realty Executives Southern Living

Source: East Tennessee REALTORS® MLS · MLS# 1286945

East Tennessee REALTORS IDXListing last updated

Beds
0
Baths
5,400
Sq Ft
1997
Year Built
Lot (ac)
Multi-Family
Type

About this home

Investment Opportunity in Pigeon Forge, TN. $140K gross rental income. Explore this portfolio of 9 meticulously maintained 1-bedroom condominiums in central Pigeon Forge, TN. Strategically located within a commercially zoned area and operated as successful short-term rentals, these units are attractively priced below market value. Each unit boasts 600 square feet and is fully furnished with appliances, kitchenware, decor, and furnishings, ensuring immediate functionality and aesthetic appeal. Recent updates vary from each unit. Situated within a larger complex of 30 units, this STR portfolio represents a substantial portion of the building. HOA includes water, sewer, grounds maintenance, building exterior and trash pick up. Call to schedule your showing today!

Facts & features

Interior
Bedrooms & bathrooms
  • Bathrooms: 0
Heating
  • Heating: Central, Electric
Cooling
  • Cooling: Central Cooling
Features
  • Flooring: Laminate, Vinyl, Tile
Interior area
  • Total interior livable area: 5,400 sqft
Property
Parking
  • Parking features: On Premise Parking
  • Attached garage: No
Lot
  • Dimensions: irr
Details
  • Parcel number: 083O B 023.00
Construction
Type & style
  • Home type: Multi-Family
Materials
  • Materials: Block
Condition
  • Year built: 1997
Utilities
Community & HOA
Community
  • County: Sevier County - 27
  • MLS area: Sevier County - 27
  • Region: Pigeon Forge
Financial & listing details
Financial
  • Price: $2,299,500
  • Price per square foot: $426/sqft
  • Annual tax: $3,663.93
  • Listing terms: Cash, Conventional
Listing
  • Date on market: Jan 14, 2025
  • Days on market: 538
  • Status: Active
  • MLS #: 1286945

Location

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