7003 Old Clinton PIKE new Save Request In-Person Tour Request Virtual Tour
Knoxville,TN 37921
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $250
MLS Listing ID 1299265
Originating Board East Tennessee REALTORS® MLS
Year Built 1981
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 265.44 X 238.7 X Irr
Property Description
****4-PLEX Residential Property for sale!**** Located in beautiful Knoxville, Tennessee. Four separate units, all 1 Bedroom 1 Bath units having 650 SF of living space per unit. Each unit has separate entries and designated parking. Units have appliances including Refrigerator, Oven/cooktop, and washer/dryer hookups. Two of the units have been extensively renovated including granite counter tops, new appliances, flooring and paint. The other two units have some recent updates including flooring and fresh paint. Heating and Air units and Windows are newer and there is a common yard for residents to share. Tenants are responsible for all utilities and trash disposal.
Annual income at this time is $46,800 annually with approximately $6000.00 in operating expenses with a net annual cashflow income of $40,000 per year.
Located within blocks of Shopping, Dining, Banking, and Healthcare. Also located nearby are schools, interstate I-75 in addition to numerous Parks and Recreation.
If you are looking for income generating potential, low maintenance, and property appreciation; this is a great investment opportunity! Must have proof of funds or pre-approval from lender within the last 15 days to view.
Location
State TN
County Knox County - 1
Area 17424.0
Rooms
Other Rooms Bedroom Main Level, Mstr Bedroom Main Level
Interior
Heating Heat Pump,Central,Electric
Cooling Central Cooling
Flooring Laminate,Carpet,Tile
Window Features Windows - Insulated,Window - Energy Star
Appliance Dryer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
Heat Source Heat Pump,Central,Electric
Exterior
Exterior Feature Windows - Vinyl
Parking Features On Premise Parking
Garage Description On Premise Parking
Utilities Available Cable Available (TV Only)
Roof Type Asphalt
Garage No
Building
Faces CLINTON HWY TO 7003 OLD CLINTON PIKE
Structure Type Cedar,Block,Frame,Other
Others
Restrictions Yes
Tax ID 067 19801
Security Features Smoke Detector
Energy Description Electric
Acceptable Financing New Loan,Cash,Conventional
Listing Terms New Loan,Cash,Conventional