Description
Investors take notice! Multifamily fourplex in a great area for Knox commuters with a convenient location close to Pellissippi Parkway, Alcoa Highway, and the new Amazon! This offering presents a fantastic opportunity for investors to acquire a well located commercial property that already has long-term, good-standing tenants whose leases will transfer with sale. The building comprises four total units, with three of these units currently rented. Cash flow from the rental of ALL four units, including the single unrented unit, is potentially 4k/mo. Tenants pay utilities, lawn, and garbage if desired. The ground level floor features three units including two 1BED/1BATH units and one 2BED/1BATH unit. some minor updates have been made to these three units for upkeep. The unit upstairs is a4BED/2BATH, which previously was a five bedroom, however a wall was taken down to adjoin two of the rooms. Could be easily converted back to a five bedroom if needed. This unit is approximately 2,500sqft total. Updates include laminate flooring and light fixtures. This multifamily property includes the garage and surrounding land, no other structures to convey with sale. This is a great property to enhance your investor's portfolio. Inquire Today! Buyer to verify all information. Square footage estimated.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
5,050SQFT
-
$134$/SQFT
School Ratings & Info
Description
Investors take notice! Multifamily fourplex in a great area for Knox commuters with a convenient location close to Pellissippi Parkway, Alcoa Highway, and the new Amazon! This offering presents a fantastic opportunity for investors to acquire a well located commercial property that already has long-term, good-standing tenants whose leases will transfer with sale. The building comprises four total units, with three of these units currently rented. Cash flow from the rental of ALL four units, including the single unrented unit, is potentially 4k/mo. Tenants pay utilities, lawn, and garbage if desired. The ground level floor features three units including two 1BED/1BATH units and one 2BED/1BATH unit. some minor updates have been made to these three units for upkeep. The unit upstairs is a4BED/2BATH, which previously was a five bedroom, however a wall was taken down to adjoin two of the rooms. Could be easily converted back to a five bedroom if needed. This unit is approximately 2,500sqft total. Updates include laminate flooring and light fixtures. This multifamily property includes the garage and surrounding land, no other structures to convey with sale. This is a great property to enhance your investor's portfolio. Inquire Today! Buyer to verify all information. Square footage estimated.
© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Adam Wilson Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Adam Wilson Realty. Data last updated: 2023-03-21T13:01:12.06.