West Knox Brick Duplex Fully Rented all 3 bdrms

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30163951
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 1,988 SF
Gross Land Area: 15,443 SF
Sale Price: $185,000
Unit Price: $92,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.62%
Average Occupancy Rate: 100
Gross Rent Multiplier: 8.56
Last Updated: 9/26/2017

Overview / Comments

West Knoxville Fully Rented Brick Duplex in Echo Valley Subdivision. Both units are 3 bedrooms and each apartment features stoves, refrigerators and washer/dryer connections. The residents enjoy the convenient location and the private back yard. Well located just off Gleason Road in a terrific area in west Knoxville. Residents pay all the utilities. Square footage is from tax records, is not guaranteed, and should be verified by buyer.
From Gleason Road turn on Echo Valley Rd. Property is on the right.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 132EA006
Percent Occupied: 100%
Property Condition: Average
Number of Stories: 2
Year Built: 1977
Construction/Siding: Brick
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,534 68,719 134,922
Median Age: 37.79 37.51 37.86
Households: 4,484 29,946 57,376
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