Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!
Public Remarks: Originally built as the neighborhood grocery store, this well-kept historic building has been a pillar of the community for decades. Today, it's ready to embrace a new chapter while preserving the character that makes it so unique. 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.
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.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!
