5,360 SqFt
5,360 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,360 sqft
Price per Sqft $144
Subdivision Hamblen County - 38
MLS Listing ID 1317448
Year Built 1976
Annual Tax Amount $1,971
Lot Size 0.410 Acres
Acres 0.41
Source East Tennessee REALTORS® MLS
Property Description
This fully rented 8 unit complex offers a strong investment opportunity in a prime location, just minutes away from Walmart and other essential amenities that tenants desire. Built in 1976, the property has been well maintained and is ready for its next owner. This property has undergone recent updates including a new roof with 6 inch gutters, new windows, fresh appliances and unit flooring. Two units have ductless mini splits and the rest have PTAC systems and all units come with washer/dryer connections, stoves and refrigerators. Tenants pay a flat fee for Seller provided WiFi and water and additionally tenants pay their own electric and trash. With its location near major retail and dining options, and access to highways and public services, this 8 unit is an ideal addition to your portfolio. No sign on property and we respectively request that you do not disturb the tenants.
Location
State TN
County Hamblen County - 38
Area Hamblen County - 38
Direction Take I-40 East To Exit 421 North to Bristol. Take exit 8 to Morristown, 0.5 miles turn right onto Davy Crockett Pkwy to Cumberland Gap Park, in 2 miles turn left onto Old Highway 25E, in 5 miles turn left onto Shields Ferry Rd and keep left. In 150 ft the eight-plex will be on your left.
Interior
Heating Zoned, Other, Electric
Cooling Wall Cooling, Zoned
Flooring Laminate, Vinyl
Exterior
Parking Features On Premise Parking
Roof Type Composition
Others
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN 37922, United States