7003 Old Clinton Pike, Knoxville, TN 37921
- 2,600 sqft
Multi-Family Home
Built in 1981
0.4acre lot
—— car garage
$248/sqft
Listed 3 months ago
Property Description
****4-PLEX Residential Property for sale!**** Located in beautiful Knoxville, Tennessee. Four separate units, all 1 Bedroom 1 Bath units having 650 SF of living space per unit. Each unit has separate entries and designated parking. Units have appliances including Refrigerator, Oven/cooktop, and washer/dryer hookups. Two of the units have been extensively renovated including granite counter tops, new appliances, flooring and paint. The other two units have some recent updates including flooring and fresh paint. Heating and Air units and Windows are newer and there is a common yard for residents to share. Tenants are responsible for all utilities and trash disposal. Annual income at this time is $46,800 annually with approximately $6000.00 in operating expenses with a net annual cashflow income of $40,000 per year. Located within blocks of Shopping, Dining, Banking, and Healthcare. Also located nearby are schools, interstate I-75 in addition to numerous Parks and Recreation. If you are looking for income generating potential, low maintenance, and property appreciation; this is a great investment opportunity! Must have proof of funds or pre-approval from lender within the last 15 days to view.
- Listing Status:
- Active
- Date Added:
- April 30, 2025 at 05:00AM
- Listing Office:
- Realty Executives Associates : 865-693-3232
- MLS ID:
- 1299265
- Appliances: DryerMicrowaveRangeRefrigeratorSelf Cleaning OvenWasher
- Flooring: LaminateCarpetTile
- A/C: Central Cooling
- Heating: Heat PumpCentralElectric
This listing courtesy of Realty Executives Associates
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Powell Elementary School
1711 Spring St, Powell, TN, 37849
Grades KG-5
1.40 miles away
Powell Middle School
3329 W Emory Rd, Powell, TN, 37849
Grades 6-8
1.05 miles away
Powell High School
2136 W Emory Rd, Powell, TN, 37849
Grades 9-12
1.04 miles away