Price Reduced- Single Family home with Mobile Home on same parcel!

Multi-Family for Sale
Catylist Listing ID: 30841072
Number of Units: 2 Units
Building Size (RSF): 1,680 SF
Gross Building Area: See Agent
Gross Land Area: 24,091 SF
Sale Price: $199,900
Unit Price: $99,950 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/1/2023

Overview / Comments

8900 Pine Ridge Rd in Knoxville, TN is a remarkable investment opportunity that can generate an impressive rental income. The property includes a 3BR/1BA singe-family home that is currently rented for $1050/mo (market rent is $2000/mo) and a 2BR/2BA mobile home on the same parcel that is currently rented for $750/mo (market rent is $950/mo), making it an ideal choice for investors seeking a high return on investment.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 012 013
Zoning: A
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 1
Year Built: 1940
Construction/Siding: Wood Siding

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 970 8,984 36,401
Median Age: 43.75 40.39 39.76
Households: 392 3,459 13,579


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