Rare West Knox Fourplex, Residents Pay all Utilities

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30178907
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 4 Units
Building Size (RSF): 5,656 SF
Gross Building Area: See Agent
Gross Land Area: 10,523 SF
Sale Price: $265,000
Unit Price: $66,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.55%
Gross Rent Multiplier: 7.49
Last Updated: 11/15/2017

Overview / Comments

Rare West Knox Fourplex- Strong Cashflow-Well Maintained by Hands on Owners.These spacious townhouse style apts have excellent amenities including central HVAC, dishwashers, washer/dryer hookups and large fenced patios. Upgrades include new roof and HVAC systems in 2010 and Ramjet foundation repair in 2015 with full lifetime transferable warranty. Excellent cashflow, county only taxes, generous floor plans and tenant paid utilities help make this fourplex a perfect investment for owner occupants or new investors. Square footage is from tax records, is not guaranteed and should be verified.

Directions: Take Ceder Bluff North of I-40 to right on Fox Lonas, right on Park Village and first left on to Woodpark Ln. Property is at the end in the culdesac on lower access road. No sign on property.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 119ga011

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,816 65,708 142,236
Median Age: 33.85 37.65 38
Households: 5,651 28,899 59,075
© Copyright Knoxville Area Association of REALTORS┬«. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.