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    606 Lester Rd

    Knoxville, TN 37920
    • $500,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 1159181
    UPDATED: 18 min ago
    $500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,705
      SQFT
    • $293
      $/SQFT
    Type:
    Multi-Family
    Built:
    1945
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Looking for instant cash flow? Then look no further! Conveniently located off of martin mill pike, just a very short distance from the Charter E. Doyle park and dog park. Minutes away from the UT med center as well as downtown Knoxville and the University of Tennessee. This property has been fully remodeled, and stabilized for your cash flow. From new roofs, to new decks, to new flooring and drywall, nothing was left undone. New granite in all of the units as well as brand new mini splits, kitchen cabinets, and bathrooms. When I say they remodeled EVERYTHING, I mean EVERYTHING. This property has 100% occupancy and also releases very quickly. With all of the projects, funding, and planning coming into wonderful South Knoxville, this property is sure to cash flow for many many years to come.

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    © 2021 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 Catrina Foster Group I Keller Williams Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Catrina Foster Group I Keller Williams Realty. Data last updated: 2021-07-28T12:58:51.6.
    www.catrinafostergroup.com/homes/119024989
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    606 Lester Rd Knoxville, TN 37920

    • Price: $500,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 1159181
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,705
    SQFT
    $293
    $/SQFT
    1945
    Built
    County:
    Knox
    Area:
    Knoxville
    Elementary School:
    Mooreland Heights
    Middle School:
    South Doyle
    High School:
    South Doyle
    Property Description
    Looking for instant cash flow? Then look no further! Conveniently located off of martin mill pike, just a very short distance from the Charter E. Doyle park and dog park. Minutes away from the UT med center as well as downtown Knoxville and the University of Tennessee. This property has been fully remodeled, and stabilized for your cash flow. From new roofs, to new decks, to new flooring and drywall, nothing was left undone. New granite in all of the units as well as brand new mini splits, kitchen cabinets, and bathrooms. When I say they remodeled EVERYTHING, I mean EVERYTHING. This property has 100% occupancy and also releases very quickly. With all of the projects, funding, and planning coming into wonderful South Knoxville, this property is sure to cash flow for many many years to come.
    Exterior Features

    Construction BlockFrameOther Driveway Yes Exterior Features Porch - CoveredWindows - Vinyl Garage Parking Off-Street ParkingOn Premise Parking Lot Size 68X166 Siding Vinyl

    Interior Features

    Appliances DishwasherRange/OvenRefrigeratorSmoke Detector Cooling Central CoolingOther Cooling TypeWall Cooling Floors OtherVinyl Fuel Electric Heat CentralOther Heat Type Other Rooms Other

    Property Features

    Auction YN No City County Code City Limits City Taxes 660.30 County Taxes 568.00 Gross Annual Income 35000.00 Lease Information All Tenants Are Currently On A 1 Year Lease. All Units Are Currently Leased. Multifamily Sub Type Duplex Net Operating Income 29000.00 New Financing CashConventionalNew LoanOther Owner Expenses AdvertisingExterior MaintenanceHvac MaintenanceInsuranceLawn MaintenanceLicensesRoof MaintenanceSewerTaxesTrash CollectionWater Property Status N/A Pud YN No Restrictions No Sale Includes Building And LandNo Furnishings Tenant Expenses CoolingElectricityHeating Total Tax 1228.30 Type Of Units 1 Bedroom UnitEfficiency Unit Units Leased 4.00 Utilities Mo Avg 100.00

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of The Real Estate Firm, Inc..


    © 2021 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 Catrina Foster Group I Keller Williams Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Catrina Foster Group I Keller Williams Realty. Data last updated: 2021-07-28T12:58:51.6.
     
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    Catrina Foster Group I Keller Williams Realty
    730 US HWY 321 N., Ste 108
    Lenoir City TN, 37774