Terrific Duplex - Fully Rented - 2 BR Townhomes

Multi-Family for Sale
Catylist Listing ID: 30340176
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Number of Units: 2 Units
Building Size (RSF): 2,492 SF
Gross Building Area: See Agent
Gross Land Area: 18,527 SF
Sale Price: $175,000
Unit Price: $87,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 5.85%
Last Updated: 10/17/2018

Overview / Comments

Terrific Duplex - Fully Rented - Units Are Two Bedroom Townhomes With Two Baths. Well located on a quiet culdesac, each unit has excellent amenities including stove, dishwasher, refrigerator, washer/dryer hookups and central HVAC. Perfect for an owner occupant or first time investor.Don't wait, this one won't last long! Square footage is from from tax records, is not guaranteed and should be verified by buyer. No sign on the property. All showings by appointment. Please don't disturb the residents.
I-75 to Merchants Dr. Go right on to Merchants then left onto Haynes Sterchi. Turn left on Chesswood & left onto Woodleaf. At very end in cul-de-sac the duplex will be on your right.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $919 (Annual)
Gross Operating Income $16,200 (Annual)
Net Operating Income $10,981 (Annual)
Actual or Proforma Year Proforma
Loan Amount $131,250
Down Payment $43,750
Annual Debt Service $8,943 (Annual)
Interest Rate (APR) 5.50
Amortization Period 30 year

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 057MA01806
Percent Occupied: 100%

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,517 62,963 176,949
Median Age: 37.31 36.36 35.34
Households: 4,614 27,618 73,319
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.