$389,900
$389,900
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5021 Schubert Rd Knoxville, TN 37912
1,908 SqFt
Key Details
Sold Price $389,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,908 sqft
Price per Sqft $204
Subdivision Fred R Wallace Add
MLS Listing ID 1296891
Year Built 1950
Property Description
This beautifully renovated duplex offers incredible potential and is ideally located for many different rental opportunities. This property is a must-see for investors or those looking for a prime real estate opportunity.
Property qualifies for Type 1 Short Term Rental Permit through the City of Knoxville if the other unit is owner occupied! Property has been an extremely successful Airbnb with almost 500 reviews and 42k of gross rental income in 2024 for one unit alone!!! One unit could cover your entire mortgage and more...
The property features two units:
A spacious 3-bedroom, 1-bathroom unit
A charming 1-bedroom, 1-bathroom unit
Seller is selling fully furnished!
******Easy potential for Tri-plex!! Unfinished unit on the end ready to be converted into a studio unit, adding even more value to this already fantastic property*****
Both units offer open floor plans, ensuring a bright, airy, and inviting atmosphere. The spacious living rooms and bedrooms provide ample space, while the renovated bathrooms offer modern finishes.
The front porch is truly one of a kind, perfect for relaxing or enjoying the great outdoors. Both units have separate entrances, adding privacy and convenience. With ample closet space in each unit, storage is never an issue.
This all one-level duplex offers a low-maintenance lifestyle. Whether you're looking for an investment or a multi-generational living space, this property in an ideal location is sure to impress! Don't miss out on this incredible opportunity!
Location
State TN
County Knox County - 1
Rooms
Family Room Yes
Other Rooms Addl Living Quarter, Bedroom Main Level, Breakfast Room, Sunroom2, Family Room, Mstr Bedroom Main Level
Interior
Heating Central, Natural Gas, Electric
Cooling Central Cooling
Flooring Carpet, Vinyl, Tile
Exterior
Exterior Feature Porch - Covered, Window - Energy Star
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Asphalt, Shingle
Building
Structure Type Cedar,Block,Frame
Others
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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