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Luke Rivers

luke@betterfit.biz +1(865) 284-5057

$500,000

Est. payment - /mo

3 Beds

2 Baths

1,080 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $462

MLS Listing ID 1353856

Style Other

Bedrooms 3

Full Baths 2

HOA Fees $275/mo

Year Built 1995

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Condominium

Source East Tennessee REALTORS® MLS

Property Description

GREAT LOCATION! NEXT TO CAMPUS! Incredible investment opportunity located just steps from the University of Tennessee campus. This first-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all. The light-filled end unit with a charming bay window. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes washer and dryer, and two designated parking spaces. Currently leased through July 31, 2027, this condo provides immediate income potential for investors. Current rent is $3000 per month. The HOA covers water, internet, trash, grounds maintenance, and more--offering a low-maintenance lifestyle in one of Knoxville's most desirable rental zones. Located just one block off Cumberland Avenue, residents have walkable access to campus, restaurants, shopping, and UT sporting events. Whether you're an investor, parent seeking housing for your UT student, or looking for a turnkey rental, this is an opportunity you don't want to miss.
Currently occupied. Must have 24 hour notice for any showings.

Location

State TN

County Knox County - 1

Area 0.01

Rooms

Other Rooms Mstr Bedroom Main Level

Basement None

Dining Room Breakfast Bar

Interior

Interior Features Walk-In Closet(s), Pantry, Breakfast Bar

Heating Central, Electric

Cooling Central Cooling, Ceiling Fan(s)

Flooring Laminate, Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Heat Source Central, Electric

Exterior

Exterior Feature Balcony

Parking Features Designated Parking, Carport

Garage Description Carport, Designated Parking

View Other

Garage No

Building

Lot Description Corner Lot

Faces East on Cumberland, take Right on 22nd Street, one way, Property on right behind Casey's and Sunspot.

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Block,Brick

Others

HOA Fee Include Pest Contract,Fire Protection,Building Exterior,Association Ins,Trash,Sewer,Some Amenities,Grounds Maintenance,Water

Restrictions No

Tax ID 108CK01900H

Security Features Smoke Detector

Energy Description Electric

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional

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Listed by University Real Estate & Property Mgmt., LLC

NEARBY SCHOOLS & PROPERTIES

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Contact Us

+1(865) 284-5057

luke@betterfit.biz

https://lukejrivers.com

2201 Lake Ave #108 Knoxville, TN 37916