5,673 SqFt
5,673 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,673 sqft
Price per Sqft $211
Subdivision E B Mays Add To Vermont
MLS Listing ID 9982363
Style Townhouse
HOA Y/N No
Year Built 1977
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 100 x 250 IRR
Property Sub-Type Multi Family
Property Description
Most of all the units have been upgraded with modern finishes, including granite countertops in the kitchens and bathrooms, updated kitchen cabinets with ample storage and pantry space, and durable Luxury Vinyl Plank (LVP) flooring throughout. Additionally, the units feature fresh, new paint, giving each space a bright, inviting feel. New heating and cooling units, along with energy-efficient hot water heaters, ensure year-round comfort and cost-effective living.
Recent exterior improvements include a new roof installed in November 2023, providing peace of mind and long-term protection from the elements. With a gross revenue of $8,500.00 and stable, long-term tenants, this property presents an excellent investment opportunity. Rents are still below market value, offering significant potential for future growth.
This turn-key property, with most units upgraded and tenant stability in place, offers minimal maintenance and maximum profitability for investors seeking strong, consistent returns. Call me or your Agent for more information today.
Location
State TN
County Sullivan
Community E B Mays Add To Vermont
Area 0.5
Zoning R 2A
Direction From John B Dennis Hwy 93, take the Memorial Blvd ext. Take 126 east towards Interstate 81. Go about 3 miles, then right on Lemay Drive, Unit complex on the right.
Interior
Interior Features Granite Counters, Kitchen/Dining Combo, Laminate Counters, Pantry, Remodeled
Heating Heat Pump, Wall Furnace
Cooling Wall Unit(s)
Flooring Vinyl, Carpet, Laminate
Fireplace No
Window Features Double Pane Windows,Insulated Windows,Window Treatments
Appliance Electric Range, Refrigerator
Heat Source Heat Pump, Wall Furnace
Exterior
Exterior Feature Balcony
Parking Features Asphalt
Utilities Available Electricity Connected, Phone Connected, Water Connected, Cable Connected
Topography Rolling Slope, Level
Porch Front Porch
Building
Story 3
Entry Level Three Or More
Foundation Block
Sewer Septic Tank
Water Public
Architectural Style Townhouse
Level or Stories 3
Structure Type Brick
New Construction No
Schools
Elementary Schools Indian Springs
Middle Schools Sullivan Central Middle
High Schools West Ridge
Others
Senior Community No
Tax ID 048p B 006.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
GET MORE INFORMATION
Agent | License ID: 363202
priscilla@priscillawilmoth.com
308 N PETERS RD., STE 225, Knoxville, TN, 37922, USA