2834 Florence Drive, Pigeon Forge, TN 37863
- $875,000
- 6
- BD
- 5
- BA
- 3,080
- SqFt
- List Price
- $875,000
- Price Change
- ▼ $24,900 1612495407
- MLS#
- 1140178
- Status
- PENDING
- Type
- Single Family Residential
- City
- Pigeon Forge
- County
- Sevier County - 27
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 3,080
- Lot Size
- 13,503
- Year Built
- 1965
- Subdivision
- Lafollette Addn No 1 Rev
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.
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Additional Information
- Acres
- 0.31
- Total Taxes
- $2055.88
- Appliances
- Dishwasher, Dryer, Gas Grill, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
- Basement
- Yes
- Construction
- Block, Frame
- Cooling
- Central Cooling
- Exterior Features
- Deck, Doors - Storm, Porch - Covered, Porch - Screened
- Fireplace
- Yes
- Floors
- Carpet, Tile
- Fuel
- Electric, Gas (Natural)
- Garage
- Main Level, Off-Street Parking, RV Parking
- Living Area
- 3,080
- Lot Description
- Cul-De-Sac, Private
- Other Rooms
- Basement Rec Room, Extra Storage, Family Room, Great Room, Laundry/Utility, Mstr Bdrm Main Level
- Style
- Cabin
- View
- City View, Mountain View
- Year Built
- 1965
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Listing courtesy of United Real Estate Solutions.