308 Knox Rd Active

Knoxville,TN 37918

$ 399000

- Bed

0 Bath

4584 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,584 sqft

Price per Sqft $87

MLS Listing ID 1291013

Year Built 1940

Lot Size 0.480 Acres

Property Description

6 UNITS - FTN CITY - VACANT - FLOOD ZONE - Prequal required with all offers.
Located in the heart of Fountain City, this vacant 6-unit building offers a unique opportunity for investors seeking a property with strong upside potential. Situated in a highly sought-after area, this building consists of 4 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units. While the property does require substantial work (please see videos of all interiors), it is a value add play. If you're looking to renovate and flip, to create long-term rental income, the prime location and desirable unit mix offer the perfect foundation to unlock its full potential. This property is within walking distance to Kroger, coffee shops, two different parks and many fast food chains. . Seller to close at Tennessee Valley Title Kimberly D Carmosino and requests Buyer do same

Location

State TN

County Knox County - 1

Area 20691.0

Rooms

Other Rooms Other

Interior

Heating Baseboard,Electric

Cooling Window Unit(s)

Flooring Laminate,Hardwood,Vinyl

Exterior

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Shingle, Built-Up

Building

Structure Type Vinyl Siding,Frame,Other

Others

Acceptable Financing Other,Cash

Listing Terms Other,Cash

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