3420-3440 Divide St

Description

This nearly 1-acre property within Knoxville city limits offers 6 continuous buildable lots sold together, presenting an exceptional chance to create a dynamic residential project. With 4 permits already pulled and approved and 2 already started, plus architectural plans available, this property is primed for development. Utilities are only feet away, streamlining the build process. The lots' RN-2 zoning opens possibilities, potentially allowing two-family dwellings with special use approval, enhancing your investment options. The property is conveniently located near UT, downtown, shopping, dining, and easy access to I-40, giving future residents proximity to everything Knoxville has to offer. Lot numbers 51-56 are included in the sale. Don't miss out on this ready-to-go development opportunity in the heart of Knoxville! According to KUB, the cost for sewer and water connections is $1,400 each per lot. To make this opportunity even more appealing, the seller is generously covering half ($10,200) of the current quoted cost of $20,400 toward these connection costssaving the buyer a significant expense! Originally a 7 lot listing. One lot removed. See picture two for remaining lots. Lines are approximate.