4 Bedroom Rental House - In A Great Fort Sanders Location

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30365603
Property Subtypes: Low-Rise/Garden, Student Housing
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 870 SF
Gross Building Area: See Agent
Gross Land Area: 5,179 SF
Sale Price: $175,000
Unit Price: $43,750 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Gross Rent Multiplier: 9.11
Last Updated: 1/15/2019

Overview / Comments

4 Bedroom Rental House - In A Great Fort Sanders Location - Walk To UT! 2200, 2202, 2205 & 2208 Laurel are available as well and they can be purchased together or separately. Currently vacant, previously leased at $1600/month, a shortage of whole house rentals near the University of Tennessee main campus at Knoxville makes for a strong rental history and a bright future. Plus the tenants pay all the utilities including water and sewer charges. Square footage is from tax records, is not guaranteed, and should be verified by buyer.
Exit Alcoa Hwy at Kingston Pike & turn toward downtown onto Cumberland Ave. Turn left on 17th Street. Turn left on Forest Ave. Property is on the left.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 094NM017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,887 83,917 160,514
Median Age: 23.04 31.62 35.12
Households: 4,840 34,352 68,575
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.