$350,000
$399,900
12.5%For more information regarding the value of a property, please contact us for a free consultation.
1,800 SqFt
SOLD DATE : 12/20/2024
Key Details
Sold Price $350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $194
MLS Listing ID 2831657
Sold Date 12/20/24
Year Built 1950
Annual Tax Amount $990
Lot Dimensions 145X231XIRREG
Property Description
Incredible multi-family investment opportunity in South Knoxville! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. Priced to sell, this converted three-unit property is a unique find in today's market. The units are currently occupied by long-term tenants who would love to stay. Each unit is equipped with essential appliances, including stoves, refrigerators, and combo heat/air units (PTACs). Pictured is the renovated 1 bedroom/1 bathroom. The two-bedroom units offer washer/dryer connections conveniently located on the rear porch. The seller covers water, as the property is on septic, while tenants are responsible for electric. Septic lines were completely replaced in 2023. There is an easement in place for the shared driveway with the neighboring property at 2512 Legion. Don't miss out on this incredible investment opportunity to cash flow immediately! Contact the listing agent directly to schedule your showing today.
Location
State TN
County Knox County
Interior
Heating Electric, Other
Cooling Other
Flooring Carpet, Wood, Tile, Vinyl
Fireplace N
Exterior
View Y/N false
Private Pool false
Building
Structure Type Frame,Other
New Construction false
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