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600 Radford Place

Knoxville, TN 37917
  • $469,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: 1222707
UPDATED: 54 min ago
$469,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,018
    SQFT
  • $155
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Rare 5 Unit Rental Property just minutes from Downtown and UT. If you are looking for an investment opportunity, here it is! Currently rented units are on MTM leases. This property grossed over $35k in 2022 and is professionally managed; you can choose to relax and collect passive income or, if you prefer a hands-on experience, do the managing yourself and enjoy an even greater profit margin.Desirably located on a corner lot. Main-level units are large with high ceilings and offer both a front and rear entrance. Upstairs, residents enjoy a layer of extra privacy. The spacious one-bedroom basement apartment is currently vacant due to recent water damage. It willrequire some repair to bring it to its full potential. Estimates are available.The shed on site transfers with the property for extra storage. This property offers plenty of off-street parking. Utilities are included in the current rent and are next in line to split individually for each unit.Back on the Market, no fault of the Sellers or property. Buyer's financing fell through the day before closing.

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© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to David Horner Properties | Coldwell Banker Wallace. Information is deemed reliable but is not guaranteed accurate by the MLS or David Horner Properties | Coldwell Banker Wallace. Data last updated: 2023-06-07T13:18:05.643.
www.detailsatyourhomesoldguaranteedtn.com/homes/138257061
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600 Radford Place Knoxville, TN 37917

  • Price: $469,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 54 min ago
  • ID#: 1222707
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,018
SQFT
$155
$/SQFT
1910
Built
Neighborhood:
Scotts Park Add
County:
Knox
Area:
Knoxville
Elementary School:
Christenberry
Middle School:
Whittle Springs
High School:
Fulton
Property Description
Rare 5 Unit Rental Property just minutes from Downtown and UT. If you are looking for an investment opportunity, here it is! Currently rented units are on MTM leases. This property grossed over $35k in 2022 and is professionally managed; you can choose to relax and collect passive income or, if you prefer a hands-on experience, do the managing yourself and enjoy an even greater profit margin.Desirably located on a corner lot. Main-level units are large with high ceilings and offer both a front and rear entrance. Upstairs, residents enjoy a layer of extra privacy. The spacious one-bedroom basement apartment is currently vacant due to recent water damage. It willrequire some repair to bring it to its full potential. Estimates are available.The shed on site transfers with the property for extra storage. This property offers plenty of off-street parking. Utilities are included in the current rent and are next in line to split individually for each unit.Back on the Market, no fault of the Sellers or property. Buyer's financing fell through the day before closing.
Exterior Features

Construction Frame Driveway Gravel Garage Parking Off-Street ParkingOn Premise Parking Lot Size 85 X 150

Interior Features

Appliances DishwasherRefrigeratorSmoke DetectorWasher Cooling Window Unit(S) Floors HardwoodOther Fuel ElectricGas (Natural) Heat Space Heater Misc Features Internet AvailableWasher/Dryer Connect Other Rooms Other

Property Features

Auction YN No City County Code City Limits City Taxes 2580.68 County Taxes 1860.45 Gross Annual Income 35926.50 Miscellaneous PorchWasher/Dryer Cnctns Multifamily Sub Type Five Or Six Plex Net Operating Income 20316.40 New Financing CashConventionalExchangeNew LoanOtherSecond Mortgage Owner Expenses Lawn MaintenanceRoof MaintenanceSewerTrash CollectionWater Property Status N/A Pud YN No Sale Includes Building And LandNo Furnishings Tenant Expenses Electricity Total Tax 4441.13 Type Of Units 1 Bedroom Unit Units Leased 3.00 Utilities Mo Avg 444.83

Listing information © 2023 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Keller Williams Realty: (865) 694-5904.


© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to David Horner Properties | Coldwell Banker Wallace. Information is deemed reliable but is not guaranteed accurate by the MLS or David Horner Properties | Coldwell Banker Wallace. Data last updated: 2023-06-07T13:18:05.643.
 
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David Horner Properties | Coldwell Banker Wallace
106 N. Peters Road
Knoxville TN, 37923