1404 Cecil Ave, Knoxville, TN 37917

$60,000

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Sold Price
$60,000
List Price
$75,000
Closing Date
Jun 14, 2024
MLS#
1258180
Status
CLOSED
Type
Land
City
Knoxville
County
Knox
Lot Size
5,227
Subdivision
North Hills Add Pt 15

Property Description

Attention investors and developers! This unique lot is perfectly situated off the Broadway corridor, moments from Downtown and Fountain City and a block from the First Creek Greenway. The 50x100 lot is zoned RN-2 within the TDR (Traditional Density Residential) allowing for multifamily development through administrative plans review (per the newly adopted Middle Housing Standards 2/6/2024). For this fact, not only can this parcel be a perfect infill single family home opportunity but also may be redeveloped as a duplex, triplex, or quadplex. The new owner will appreciate no overlay restrictions (historic, infill, or hillside protection) and great access to I-40, grocery stores, pubs, coffee shops and restaurants due to the expansion of establishments in north Knoxville. All information is deemed reliable, but not guaranteed. Therefore, buyer and buyer's agent should perform own diligence.

Additional Information

Acres
0.12
Lot Description
Corner Lot
Lot Dimensions
50x100
Zoning
None, Zoned Residential

Mortgage Calculator

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Calculator source: Real Geeks

Agent: Laurence Eaton |

Office: Connell Properties, Inc. |

Selling Office: .