116 S Gay St, 404, Knoxville, TN 37902

$190,000
Property Type: Single Family Bedrooms: 1 Square Footage: 660 Lot Size (sq. ft.): 660 Status: Closed
Current Price: $190,000 List Date: 5/15/2019 Last Modified: 11/15/2019

Description

The Sterchi Building located at 116 S Gay Street was originally the home of Sterchi Brothers Furniture headquarters, it also served as the largest Wholesale furniture center in the Southeast for decades. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units. The conversion consists of several significant upgrades including: - new energy efficient appliances - modern HVAC units - designer-quality light fixtures - quartz countertops, deep stainless steel sinks, commercial grade kitchen faucets, - Delta plumbing fixtures, Roca (Spanish) tile in the showers and tub surrounds, - redesigned fitness center with Peloton, Nordic Track, Max Trainer and other high-end gym equipment

Supplements: The impending renovation and reopening of the 10th-story rooftop deck may be the best of all as residents will have access to a private deck with panoramic views of Knoxville and the Great Smoky Mountains! Optional in building storage and off-street parking available. For additional availability check out sterchiloftsforsale.com

More Information MLS# 1080291

Location, Tax & Legal Info

House #: 116 St Dir: S Street Name: Gay St Suffix: St Unit #: 404 State/Province: TN Zip Code: 37902 Property Sub-Type: Condominium Area: Knox County - 1 City/County Code: City Limits PIN #: 094eg043 Subdivision: Sterchi Lofts Condominiums Elementary School: Sequoyah Middle School: South Doyle High School: Austin East/Magnet Total Tax: 119017.07 Geo Lat: 35.968495 Geo Lon: -83.919987

Contract Info

Auction Y/N: No Listing Price: 199000 Current Price: $190,000 Status: Closed Listing Date: 2019-03-20 Cooperation Comp: 2.4 Compensation Type: %

General Property Description

Type: Other Lot Size SqFt: 660 Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 660 SqFt - Main Lvl: 660 # Bedrooms: 1 Baths - Full: 1 # of Rooms: 3 Fireplace: No Property Status: N/A HOA: Mandatory HOA Fee: 148 HOA Freq: Monthly HOA Contact: Terminus Real Estate Inc Position of Unit: Front/Center of Bldg Year Built: 1920 Bonus Room: No

Remarks & Misc

Directions: Located in the Sterchi Lofts on the beautiful historic 100 Block of Gay Street between Summit Hill and Jackson Ave. Public Remarks: The Sterchi Building located at 116 S Gay Street was originally the home of Sterchi Brothers Furniture headquarters, it also served as the largest Wholesale furniture center in the Southeast for decades. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units. The conversion consists of several significant upgrades including: - new energy efficient appliances - modern HVAC units - designer-quality light fixtures - quartz countertops, deep stainless steel sinks, commercial grade kitchen faucets, - Delta plumbing fixtures, Roca (Spanish) tile in the showers and tub surrounds, - redesigned fitness center with Peloton, Nordic Track, Max Trainer and other high-end gym equipment

Status Change Info

Status Change Date: 2019-05-31 Under Contract Date: 2019-03-20 Sold Date: 2019-05-23 Sold Price: $190,000

Sewer

Sewer Info: KUB

Water

Water Info: KUB

Property Features

Atchd/Dtchd Type: Attached Style: Historic Construction: Brick; Masonry Siding: Brick Garage/Parking: Off-Street Parking Basement: None Lot Description: Other View: Mountain View Fireplace: None Floors: Other Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector Misc Features: Elevator; Washer/Dryer Connect; Wired for Internet Exterior Features: Windows - Aluminum Community Amenities: Elevator; Exercise Room; Extra Storage; Security; Other - See Remarks Association Fee Incl: Association Ins; Building Exterior; Fire Protection; Grounds Maintenance; Pest Contract; Some Amenities; Trash Showing: See Agent Instructns New Financing: Alternative; Call Listing Agent; Cash
Listing Office: Terminus Real Estate, Inc.
Office Phone: 865-673-6300
Last Updated: November - 15 - 2019
116 S Gay St, 404, Knoxville, TN 37902- MLS# 1080291
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.