Multi-Family South Knox Duplex for Sale
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||$120,000 Per Unit
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||Cash to Seller
Overview / Comments
This is a great opportunity to purchase an affordable investment property. Current rents are below market and gives a substantial upside for a new owner. This property was built by the current owner in 1999 with a new roof in 2011. The property is only 4.7 miles (10 minutes) from downtown Knoxville just off of Chapman Highway. It has been well maintained by the current owner. The property consists of a two-bedroom, two bath unit and a one bedroom, one bath unit. Both units have washer and dryer hookups. All utilities are separately metered including water, unit 4700 has a new water heater and both units share a back porch. Rents are $675 and $575. Property taxes are $2,899.11.
Three additional duplexes are available for sale on Tipton Overlook Way from the same owner. Do not disturb the tenants. Square footage and acreage per public record, must be verified.
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||From downtown Knoxville go south on Chapman Hwy, left onto Lindy Dr, left onto Sevierville Pike, right onto Centeroak Dr, left onto Prospect Dr, property on the right.
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