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$2,300,000
Est. payment /mo
18,852 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,852 sqft
Price per Sqft $122
Subdivision Riverview Terr
MLS Listing ID 1304347
Year Built 1945
Source East Tennessee REALTORS® MLS
Property Description
This portfolio features 17 units with 8 single family rental homes, one duplex, one triplex, one quadplex, and one vacant lot. The property brings in gross monthly rents of $14,500, but with three vacancies the potential gross monthly rents is $18,346. The properties are located across Knoxville with easy access to the interstate, downtown, and various retailers and amenities. Tenants pay all utilities at the properties except for common water at the quadplex which is billed back to the tenants. Recent cap ex has been completed at all properties including new flooring, paint, HVACs, roofs, kitchens, bathrooms, and more.
Addresses:
710 Avenue A - Duplex
1319 Lundy Rd
1725 Crestview St
2152 Dandridge Ave - Triplex
2722 Jefferson Ave
2913 Sanders Drive
3900 Alma Avenue
5410 Colonial Cir - Quadplex
1903 Mississippi Ave
11240 Yarnell Rd
11242 Yarnell Rd - Vacant Lot
11244 Yarnell Rd
Addresses:
710 Avenue A - Duplex
1319 Lundy Rd
1725 Crestview St
2152 Dandridge Ave - Triplex
2722 Jefferson Ave
2913 Sanders Drive
3900 Alma Avenue
5410 Colonial Cir - Quadplex
1903 Mississippi Ave
11240 Yarnell Rd
11242 Yarnell Rd - Vacant Lot
11244 Yarnell Rd
Location
State TN
County Knox County - 1
Rooms
Other Rooms Other
Interior
Heating Central
Cooling Central Cooling
Flooring Laminate, Hardwood, Vinyl
Heat Source Central
Exterior
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Shingle
Garage No
Building
Faces Take Riverside Drive to Crestview Street. House on the left.
Structure Type Frame,Brick
Others
Tax ID 095FJ014
Energy Description Other Fuel
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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Listed by SVN I Wood Properties