Fort Sanders Duplex

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30724215
Property Subtypes: Student Housing
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 2,500 SF
Gross Building Area: See Agent
Sale Price: $390,000
Unit Price: $195,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/25/2021

Overview / Comments

Attention Investors: This duplex on Forest Ave has been recently renovated and will be fully leased for next school season, bringing in $2,800 a month starting in August. Unit A has four bedrooms, new flooring and kitchen, fresh paint, and stainless steel appliances making it the perfect college rental. Unit B has three bedrooms with an updated kitchen, new flooring, new kitchen appliances, and more. The property offers ideal off street parking and it's an easy walk to the University. Hurry, this investment property won't last long!

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: City of Knoxville
Tax ID/APN: 094ND022
Zoning: COMMERCIAL
Percent Occupied: 100%
Property Condition: Good
Year Built: 1930
Year Renovated: 2019
Construction/Siding: Brick/Vinyl Siding
Laundry: In Each Unit
Sprinklers: None
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,805 83,550 158,803
Median Age: 23.06 31.52 35.13
Households: 5,211 34,113 67,901

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