Detached 4-Plex on 1 Lot

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30802508
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 2,016 SF
Gross Building Area: See Agent
Sale Price: $399,000
Unit Price: $99,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 850
Last Updated: 5/23/2022

Overview / Comments

Four charming steel frame homes on one Parcel ID (5228 is the main address, but this also includes 5226, 5230, & 5232 McIntyre Rd). Each are 1 bed, 1 bath with a W/D hook-up. All are currently leased (5226 - $800 5228- $700 5230- $700 5232- $735) - one unit will be vacant at the end of April, with the others ending in October '22, January '23 and March '23. This is a perfect investment property as there is plenty of room for rent increases. Could be a potential house hacking opportunity - check with your lender about financing options. This property is close to shopping, restaurants, interstate, the zoo and so much more! Schedule a showing today and don't let this opportunity slip away.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 071AC023
Percent Occupied: 75%
Total Number of Buildings: 4
Number of Stories: 1
Year Built: 1996
Construction/Siding: Steel Frame, Vinyl Siding
Parking Type: Surface
Parking Description: Designated parking
Total Parking Spaces: 4
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Gas
Air Conditioning: Other
Internet Access: Other
Interior Description: Each unit is 504 sq ft with 1 bed, 1 bath. Open concept and walk in closets. There is a washer/dryer connect in each unit.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,995 44,295 117,878
Median Age: 41.82 40.52 36.37
Households: 2,186 19,110 47,947

Contact

Photograph of Listing Agent

Eli Corum

Keller Williams
KAAR CIE Member
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