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807 Gresham Rd

Knoxville, TN 37918
  • $500,000
  • STATUS: Active Under Contract
  • ON SITE: 221 Days
  • ID#: 1210306
Under Contract
UPDATED: 38 min ago
$500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,855
    SQFT
  • $175
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great location. Corner lot. Stone and brick 6-plex. All units occupied. Four one-bedroom, one two-bedroom and one efficiency apartment. New roof 2016. All units have central H&A except Unit 5 which has a mini split. Storage building will not convey. Seller unsure at time of listing if parking is on public right of way or property to be conveyed. income and expenses listed in MLS are from sellers 2021 Schedule E. Current rent total is $4,300 month. 2022 annual expenses were $13,970.

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© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Hutch & Howard | Keller Williams 865-966-5005. Information is deemed reliable but is not guaranteed accurate by the MLS or Hutch & Howard | Keller Williams 865-966-5005. Data last updated: 2023-06-07T11:17:56.36.
www.hutchandhoward.com/homes/134358754
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807 Gresham Rd Knoxville, TN 37918

  • Price: $500,000
  • Status: Active Under Contract
  • On Site: 221 Days
  • Updated: 38 min ago
  • ID#: 1210306
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,855
SQFT
$175
$/SQFT
1930
Built
Neighborhood:
Fountain City Co Resub
County:
Knox
Area:
Knoxville
Elementary School:
Fountain City
Middle School:
Gresham
High School:
Central
Property Description
Great location. Corner lot. Stone and brick 6-plex. All units occupied. Four one-bedroom, one two-bedroom and one efficiency apartment. New roof 2016. All units have central H&A except Unit 5 which has a mini split. Storage building will not convey. Seller unsure at time of listing if parking is on public right of way or property to be conveyed. income and expenses listed in MLS are from sellers 2021 Schedule E. Current rent total is $4,300 month. 2022 annual expenses were $13,970.
Exterior Features

Construction FrameMasonry Driveway Na Exterior Features Windows - Dble Pane Garage Parking Off-Street ParkingOn Premise ParkingOn-Street Parking Lot Size 100 X 113.13 X IRR Siding Aluminum SidingBrickStoneVinyl

Interior Features

Appliances RangeRefrigerator Cooling Central Cooling Floors CarpetTileVinyl Fuel Electric Heat Central Misc Features Internet Available Other Rooms Other

Property Features

Annual Oper Expenses 9591.00 Auction YN No Block 67 City County Code City Limits City Taxes 2510.84 County Taxes 1810.00 Gross Annual Income 41094.00 Lease Information All Units Occupied. All Leased. Leases Auto Renew Unless Written Notice is Given By Either Party. Lot 4R1 Miscellaneous No PetsTv Cable Available Multifamily Sub Type ApartmentFive Or Six PlexHouse Converted Net Operating Income 31503.00 New Financing CashConventionalNew Loan Owner Expenses AdvertisingCommon Area MaintenanceExterior MaintenanceHvac MaintenanceInsuranceLawn MaintenanceRoof MaintenanceSewerTaxesTrash CollectionWater Property Status N/A Pud YN No Sale Includes Building And Land Tenant Expenses CoolingElectricityHeatingTelephone Total Tax 4320.84 Type Of Units 1 Bedroom Unit2 Bedroom UnitEfficiency UnitUnfurnished Units Leased 6.00 Utilities Mo Avg 255.00

Listing information © 2023 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Worley Builders, Inc.: (865) 922-2600.


© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Hutch & Howard | Keller Williams 865-966-5005. Information is deemed reliable but is not guaranteed accurate by the MLS or Hutch & Howard | Keller Williams 865-966-5005. Data last updated: 2023-06-07T11:17:56.36.
 
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Hutch & Howard | Keller Williams 865-966-5005
11400 Parkside Drive, suite 120
Knoxville TN, 37934