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Listed price in listed location currency (USD).
$2,000,000

11110

MLS® 309986

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 6360 sqft
Garage No
Taxes $1,380
Days Active 0
Lot Size 1.41 acres
Approx. Age 1990
Avg. Price Per Sqft $314
MLS® Number 309986

Property Address: 4222 Dollys Dr, Sevierville, TN, 37876-8621

Average square foot calculated using Size range provided by listing agent.

Description

EXTREMELY RARE 4 PLEX with a classic LONG RANGE SMOKY MOUNTAIN VIEW with each units used as a SHORT TERM RENTAL ! ! ! Potential to add a 5TH RENTAL UNIT!!! 2025 GROSS RENTAL INCOME @ $187, 930!!! Units A, B & C are 3BR / 2.5BA townhome floor plans. Unit D is a 2BR / 2BA unit. For the VALUE ADD or FORCED EQUITY investors, there is potential to add a 5TH RENTAL UNIT!!! Unit C has an unfinished area directly above it that that could be converted into a 5TH UNIT, similar to Unit D, if the new buyer chooses. The size of the potential 5TH UNIT would be the same as Unit D at approximately 1400sqft. Each unit has a great LONG RANGE VIEW from the rear of the property. Units A & C have 2 decks and Unit B has 4 (3 decks out back with the view and one covered deck in front of the property overlooking the parking area). Please note in some listing photos show trees were not cleared, but have been recently removed. TOO MANY UPGRADES to list them all: new metal roof, new HVACs for every unit, new hot water heaters for every unit, new kitchen cabinets & granite in Units A & C, new electric fireplaces, new furniture, a new $15, 000 water treatment and storage system with UV light so each unit gets purified water when they need it, new smart locks, new plumbing system where water can be shut off to one unit but the other three do not have to do without water, etc., etc. The seller has a background in construction and they have spared no expense in time and/or budget bringing this property back to life with minimal worries about critical system failures. TWO LOTS will also convey with the property: the one in which is it built and the lot to the right of the property (as you're facing the fourplex). HIGH SPEED BROADBAND INTERNET via Comcast/Xfinity available for each unit! Seller is open to transferring equipment leases to new owner to ensure no lack of service for tenants but Buyer will have to work with Comcast/Xfinity to get it setup prior to closing. With many multifamily properties, parking is often a problem. Not here! TONS OF PARKING for each unit without crowding everyone together. There are also 3 park-style grills for the mandatory outdoor BBQs guests demand. This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller. Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar. This property has a VERY HIGH OCCUPANCY RATE, so if you're in town but can't schedule a walkthrough yourself, please ask the listing agent for the WALKTHROUGH VIDEOS and they will be sent to you.
MLS® Number309986
Laundry Level
Central VacNo
FireplaceNo
Acreage1.41
Exterior
GarageNo
Approx. Age1990
BasementFinished
DrivewayDriveway, Off Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 31, 2026List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
4222 Dollys Dr, Sevierville, TN

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