2359 E 5th Ave, Knoxville, TN 37917
- $475,000
- 2,000
- SqFt
- List Price
- $475,000
- MLS#
- 1345397
- Status
- PENDING - CONTINUE TO SHOW - INSPECTION
- Type
- Single Family Residential
- City
- Knoxville
- County
- Knox
- Living Area
- 2,000
- Year Built
- 1960
Property Description
Charming income producing apartment building featuring four one-bedroom, one-bathroom units in the popular Historic Parkridge neighborhood. Great proximity to E Magnolia Avenue commercial area, Downtown Knoxville, and the bus line. Plenty of off-street Parking on premises as well as covered garage bays that could be converted to storage units for additional income or higher rent. Membrane roof installed 2020 with 20 year warranty. These units have been updated and three are ready for immediate occupancy, one currently leased month to month. Electric, water, and sewer are metered separately for all 4 units. This building is in very good condition and provides opportunity for improvements to increase rental rates over time. Great investment opportunity in growing area.
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Additional Information
- Appliances
- Refrigerator, Range
- Construction
- Block, Brick
- Cooling
- Wall Unit(s)
- Floors
- Hardwood, Tile
- Garage
- Shared Garages, Attached, Off Street, On Street
- Garage Spaces
- 3
- Living Area
- 2,000
- Lot Dimensions
- 50 X 145
- Year Built
- 1960
- Heating
- Other, Electric
- Restrictions
- Yes
- Num Of Units
- 4
Mortgage Calculator
Listing courtesy of Realty Executives South.
Agent: Lacy Mellon |
Office: Realty Executives South |