$1,500,000
Knoxville, TN 37918
MLS# 1236502
Status: Closed
1080 sqft
1 / 13
Property Description
8 Unit Condos. 4 Buildings. Great locations with long term rental record. All 2 Bedroom, 2 Bath units 1080 SF per. Front covered porch and Rear Covered porch with plenty of extra storage. Great investment, can be resold as individual units.
Details
Location, Tax & Legal Info
Area: Knox County - 1
Community: Fountain City
City/County Code: County
Elementary School: Shannondale
Middle School: Gresham
Total Tax: 0
High School: Central
Contract Info
Auction Y/N: No
Listing Price: 1800000
Current Price: $1,500,000
Status: Closed
Listing Date: 2023-08-14
General Property Description
Lot Dimensions: 455x125x511x269
# Units Leased: 8
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Parking in front
SqFt - Total (Aprox): 1080
Number of Units: 8
Year Built: 2006
Remarks & Misc
Directions: I-640 to Tazewell Pike exit ti Tazewell Pike. Left in to Devon brook Way, just before Murphy Road
Public Remarks: 8 Unit Condos. 4 Buildings. Great
locations with long term rental record. All 2 Bedroom, 2 Bath units 1080 SF per. Front covered porch and Rear Covered porch with plenty of extra storage. Great investment, can be resold as individual units.
Income/Expenses
Gross Annual Income: 110400
Annual Oper Expenses: 7500
Property Sub-Type
Duplex: 1
Other: 1
Construction
Frame - Brick: 1
Type of Units
2 Bedroom Unit: 1
Siding
Brick: 1
Vinyl: 1
Sale Includes
Building and Land: 1
Miscellaneous
Porch: 1
TV Cable Available: 1
Utility Room: 1
Washer/Dryer Cnctns: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Tile: 1
Garage/Parking
Off-Street Parking: 1
On Premise Parking: 1
Tenant Expenses
Cooling: 1
Electricity: 1
Heating: 1
Sewer: 1
Tenant Pays All Util: 1
Trash Collection: 1
Water: 1
Owner Expenses
Advertising: 1
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Janitorial Service: 1
Lawn Maintenance: 1
Roof Maintenance: 1
Taxes: 1
Fuel
Electric: 1
Gas (Natural): 1
Heat
Central: 1
Heat Pump: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Other Rooms
Other: 1
Roof
Asphalt: 1
Shingle: 1
Exterior Features
Deck: 1
Doors - Energy Star: 1
Porch - Covered: 1
Prof Landscaped: 1
Shed: 1
Windows - Vinyl: 1
Misc Features
Pantry: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 5200
Street Name: Devonbrook
St Suffix: Way
State/Province: TN
Zip Code: 37918
PIN #: 049ca001
Subdivision: Pebblestone Condos
Geo Lat: 36.061607
Geo Lon: -83.886272
Status Change Info
Status Change Date: 2023-09-11
Under Contract Date: 2023-08-23
Sold Date: 2023-09-08
Sold Price: $1,500,000
IncomeExpenses
Net Operating Income: 102900
Property Features
Property Sub-Type: Duplex; Other
Type of Units: 2 Bedroom Unit
Sale Includes: Building and Land
Floors: Carpet; Laminate; Tile
Tenant Expenses: Electricity; Sewer; Tenant Pays All Util; Trash Collection; Water
Owner Expenses: Advertising; Exterior Maintenance; HVAC Maintenance; Insurance; Janitorial Service; Lawn Maintenance; Roof Maintenance; Taxes
Fuel: Electric; Gas (Natural)
Heat: Central; Heat Pump
Cooling: Central Cooling
Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector
Construction: Frame - Brick
Roof: Asphalt; Shingle
Siding: Brick; Vinyl
Exterior Features: Deck; Doors - Energy Star; Porch - Covered; Prof Landscaped; Shed; Windows - Vinyl
Misc Features: Pantry; Walk-In Closet(s); Washer/Dryer Connect
Other Rooms: Other
Miscellaneous: Porch; TV Cable Available; Utility Room; Washer/Dryer Cnctns
New Financing: Cash; Conventional
Showing: See Agent Instructns
IDX
Listing Office: Realty Executives Associates
Office Phone: 865-688-3232
Last Updated: October - 12 - 2023
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.