Multifamily Residential Rental - 4 BR home AND 4 One bedroom Apts

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30743165
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mixed Use
Status: Pending
Number of Units: 5 Units
Building Size (RSF): 1,723 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $50,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2022

Overview / Comments

An investment opportunity of a lifetime. Large 4 bedroom/2 bath home with a 4 additional 1 bedroom attached apartments with laundry area. Corner lot and lots of parking. Just outside the city limits but convenient to everything. Buyer must provide preapproval or proof of funds in order to schedule a showing as units are all occupied.

Additional Details

Nearest MSA: Knoxville
County: Campbell
Taxing Authority: Campbell County
Tax ID/APN: 007094O B 02700
Zoning: COMMERCIAL
Highway Access: County road
Airports: Campbell County Airport and McGheeTyson
Site Description: Level corner lot with 4 bedroom home plus 4 one bedroom apartments.
Area Description: Just outside the city limits
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 1
Year Built: 1960
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: House has 4 spots and each apartment has at least 2 spots each
Total Parking Spaces: 12
Laundry: Shared
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Window Unit
Internet Access: Cable, DSL, Fiber Optic
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,891 9,345 21,940
Median Age: 37.96 40.62 41.12
Households: 1,478 3,800 8,839

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