206 Dahlia Drive, Knoxville, TN 37918

$1,215,000
Property Type: Multi-Family Square Footage: 12,090 Status: Closed
Current Price: $1,215,000 List Date: 8/20/2020 Last Modified: 11/03/2020

Description

Fountain City is a highly desirable suburb just North of downtown Knoxville with all the amenities that tenants look for - convenient shopping & good eats such as Panera, Salsaritas and Chick Fil A just to name a few. Just 10 minutes from the University of Tennessee campus plus excellent interstate access to both I-40 an I-75. Located on a corner lot with loads of privacy and plenty of parking. This rare offering won't last long.

More Information MLS# 1127246

Location, Tax & Legal Info

Area: Knox County - 1 Community: Fountain City City/County Code: City Limits Total Tax: 7509.69

Contract Info

Auction Y/N: No Listing Price: 1265000 Current Price: $1,215,000 Status: Closed Listing Date: 2020-08-14

General Property Description

Lot Dimensions: 180x140xirreg # Units Leased: 16 Utilities/Mo Avg: 335 Property Status: N/A Driveway: Paved Lease Information: 18-1BR+1BA $550-635 SqFt - Total (Aprox): 12090 Number of Units: 18 Year Built: 1978

Remarks & Misc

Directions: I-640 N to Broadway. Go North. Just past the Duck Pond turn left onto Church then bear right onto Fountain. At Dahlia turn left. Property is immediately on the left. Parking lot has 2 entrances. Public Remarks: Fountain City is a highly desirable suburb just North of downtown Knoxville with all the amenities that tenants look for - convenient shopping & good eats such as Panera, Salsaritas and Chick Fil A just to name a few. Just 10 minutes from the University of Tennessee campus plus excellent interstate access to both I-40 an I-75. Located on a corner lot with loads of privacy and plenty of parking. This rare offering won't last long.

Income/Expenses

Gross Annual Income: 127260 Annual Oper Expenses: 40157

Property Sub-Type

Apartment: 1

Construction

Frame - Brick: 1

Type of Units

1 Bedroom Unit: 1

Siding

Brick: 1

Sale Includes

Building and Land: 1

Cooling

Other: 1

Floors

Carpet: 1 Vinyl: 1 Other: 1

Garage/Parking

On Premise Parking: 1

Tenant Expenses

Cooling: 1 Electricity: 1 Heating: 1

Owner Expenses

Common Area Maintenance: 1 Exterior Maintenance: 1 HVAC Maintenance: 1 Sewer: 1 Taxes: 1

Fuel

Electric: 1

Heat

Other: 1

Appliances

Range: 1 Refrigerator: 1

Other Rooms

Other: 1

Roof

Asphalt: 1

Exterior Features

Balcony: 1 Patio: 1

New Financing

New Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 206 Street Name: Dahlia St Suffix: Drive State/Province: TN Zip Code: 37918 PIN #: 058fa056 Subdivision: Fountain City Co Resub Geo Lat: 36.037717 Geo Lon: -83.938478

Status Change Info

Status Change Date: 2020-11-03 Under Contract Date: 2020-08-31 Sold Date: 2020-10-30 Sold Price: $1,215,000

IncomeExpenses

Net Operating Income: 80853

Property Features

Property Sub-Type: Apartment Type of Units: 1 Bedroom Unit Sale Includes: Building and Land Floors: Carpet; Vinyl; Other Tenant Expenses: Electricity Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Sewer; Taxes Fuel: Electric Heat: Other Cooling: Other Appliances: Range; Refrigerator Construction: Frame - Brick Roof: Asphalt Siding: Brick Exterior Features: Balcony; Patio Other Rooms: Other New Financing: New Loan Showing: See Agent Instructns
Listing Office: Goldman Partners Realty, LLC
Office Phone: 865-705-8675
Last Updated: November - 03 - 2020
206 Dahlia Drive, Knoxville, TN 37918- MLS# 1127246
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