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    427-429 W Outer Drive

    Oak Ridge, TN 37830
    • $225,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 1158614
    Price Reduced
    UPDATED: 45 min ago
    $225,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,911
      SQFT
    • $118
      $/SQFT
    Type:
    Multi-Family
    Built:
    1943
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    *** Surrounding rental properties justify immediate rent increase - one tenant is month to month, one has lease ending 9-30-21. *** Perfect opportunity to help supplement your mortgage by renting one side out and living in the other. Right side of the duplex (unit 429) is 1311 sq ft with 3 bedrooms and 2 baths, left side of the duplex (unit 427) is 600 square feet with 2 bedrooms and 1 bath! Right side of duplex (unit 429) was fully gutted and remodeled down to the studs in 2018, updates include: 18x27 master ensuite addition added, carport, new sheetrock, floors, bathrooms, cabinets, appliances, siding, etc. New roof put on in 2015. New HVAC in unit 427 put in 2015.Buyer must assume current lease agreement and honor all terms until lease end date. Lease terms for unit 427: rented for $600 per month. Lease is month to month. Lease terms for unit 429: rented for $900 per month. Lease ends 9/30/21. Utilities paid by renters and on separate meters. Prorated damage deposit and rent will be transferred to new buyer at closing.

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    © 2021 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: 2021-08-01T22:59:19.933.
    www.adamwilsonrealty.com/homes/118888245
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    427-429 W Outer Drive Oak Ridge, TN 37830

    • Price: $225,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 1158614
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,911
    SQFT
    $118
    $/SQFT
    1943
    Built
    County:
    Anderson
    Area:
    Oak Ridge
    Elementary School:
    Willow Brook
    Middle School:
    Robertsville
    High School:
    Oak Ridge
    Property Description
    *** Surrounding rental properties justify immediate rent increase - one tenant is month to month, one has lease ending 9-30-21. *** Perfect opportunity to help supplement your mortgage by renting one side out and living in the other. Right side of the duplex (unit 429) is 1311 sq ft with 3 bedrooms and 2 baths, left side of the duplex (unit 427) is 600 square feet with 2 bedrooms and 1 bath! Right side of duplex (unit 429) was fully gutted and remodeled down to the studs in 2018, updates include: 18x27 master ensuite addition added, carport, new sheetrock, floors, bathrooms, cabinets, appliances, siding, etc. New roof put on in 2015. New HVAC in unit 427 put in 2015.Buyer must assume current lease agreement and honor all terms until lease end date. Lease terms for unit 427: rented for $600 per month. Lease is month to month. Lease terms for unit 429: rented for $900 per month. Lease ends 9/30/21. Utilities paid by renters and on separate meters. Prorated damage deposit and rent will be transferred to new buyer at closing.
    Exterior Features

    Construction BlockFrame Driveway PavedOn Lot Exterior Features DeckPorch - CoveredWindows - Vinyl Garage Parking CarportOff-Street ParkingOn Premise Parking Lot Size 97X203x121x154 Siding Vinyl

    Interior Features

    Appliances Range/OvenRefrigerator Cooling Central Cooling Floors CarpetTileVinyl Fuel Electric Heat Central Misc Features Internet AvailablePantryWasher/Dryer Connect Other Rooms Mstr Bdrm Main LevelOffice/Br Main LevelSplit Bedroom

    Property Features

    Auction YN No City County Code City Limits City Taxes 1576.95 County Taxes 1674.01 Gross Annual Income 18000.00 Lease Information Unit 427 $600/Monthunit 429 $900/Month Miscellaneous PorchTv Cable AvailableWasher/Dryer Cnctns Multifamily Sub Type Duplex New Financing CashConventional Owner Expenses Exterior MaintenanceHvac MaintenanceLawn MaintenanceRoof Maintenance Property Status N/A Pud YN No Sale Includes Building And LandNo Furnishings Tenant Expenses Tenant Pays All Util Total Tax 3250.96 Type Of Units 2 Bedroom Unit3 Or More Bdrm Units Units Leased 2.00 Utilities Mo Avg 0.00

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Keller Williams Realty.


    © 2021 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: 2021-08-01T22:59:19.933.
     
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    Adam Wilson Realty
    2043 Castaic Ln Suite C
    Knoxville TN, 37932