5200 Devonbrook Way, Knoxville, TN 37918

$1,500,000
Property Type: Multi-Family Square Footage: 1,080 Status: Closed
Current Price: $1,500,000 List Date: 8/14/2023 Last Modified: 10/12/2023

Description

8 Unit Condos. 4 Buildings. Great locations with long term rental record. All 2 Bedroom, 2 Bath units 1080 SF per. Front covered porch and Rear Covered porch with plenty of extra storage. Great investment, can be resold as individual units.

More Information MLS# 1236502

Location, Tax & Legal Info

Area: Knox County - 1 Community: Fountain City City/County Code: County Elementary School: Shannondale Middle School: Gresham Total Tax: 0 High School: Central

Contract Info

Auction Y/N: No Listing Price: 1800000 Current Price: $1,500,000 Status: Closed Listing Date: 2023-08-14

General Property Description

Lot Dimensions: 455x125x511x269 # Units Leased: 8 Utilities/Mo Avg: 0 Property Status: N/A Driveway: Parking in front SqFt - Total (Aprox): 1080 Number of Units: 8 Year Built: 2006

Remarks & Misc

Directions: I-640 to Tazewell Pike exit ti Tazewell Pike. Left in to Devon brook Way, just before Murphy Road Public Remarks: 8 Unit Condos. 4 Buildings. Great locations with long term rental record. All 2 Bedroom, 2 Bath units 1080 SF per. Front covered porch and Rear Covered porch with plenty of extra storage. Great investment, can be resold as individual units.

Income/Expenses

Gross Annual Income: 110400 Annual Oper Expenses: 7500

Property Sub-Type

Duplex: 1 Other: 1

Construction

Frame - Brick: 1

Type of Units

2 Bedroom Unit: 1

Siding

Brick: 1 Vinyl: 1

Sale Includes

Building and Land: 1

Miscellaneous

Porch: 1 TV Cable Available: 1 Utility Room: 1 Washer/Dryer Cnctns: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Laminate: 1 Tile: 1

Garage/Parking

Off-Street Parking: 1 On Premise Parking: 1

Tenant Expenses

Cooling: 1 Electricity: 1 Heating: 1 Sewer: 1 Tenant Pays All Util: 1 Trash Collection: 1 Water: 1

Owner Expenses

Advertising: 1 Exterior Maintenance: 1 HVAC Maintenance: 1 Insurance: 1 Janitorial Service: 1 Lawn Maintenance: 1 Roof Maintenance: 1 Taxes: 1

Fuel

Electric: 1 Gas (Natural): 1

Heat

Central: 1 Heat Pump: 1

Appliances

Dishwasher: 1 Disposal: 1 Microwave: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1

Other Rooms

Other: 1

Roof

Asphalt: 1 Shingle: 1

Exterior Features

Deck: 1 Doors - Energy Star: 1 Porch - Covered: 1 Prof Landscaped: 1 Shed: 1 Windows - Vinyl: 1

Misc Features

Pantry: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 5200 Street Name: Devonbrook St Suffix: Way State/Province: TN Zip Code: 37918 PIN #: 049ca001 Subdivision: Pebblestone Condos Geo Lat: 36.061607 Geo Lon: -83.886272

Status Change Info

Status Change Date: 2023-09-11 Under Contract Date: 2023-08-23 Sold Date: 2023-09-08 Sold Price: $1,500,000

IncomeExpenses

Net Operating Income: 102900

Property Features

Property Sub-Type: Duplex; Other Type of Units: 2 Bedroom Unit Sale Includes: Building and Land Floors: Carpet; Laminate; Tile Tenant Expenses: Electricity; Sewer; Tenant Pays All Util; Trash Collection; Water Owner Expenses: Advertising; Exterior Maintenance; HVAC Maintenance; Insurance; Janitorial Service; Lawn Maintenance; Roof Maintenance; Taxes Fuel: Electric; Gas (Natural) Heat: Central; Heat Pump Cooling: Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector Construction: Frame - Brick Roof: Asphalt; Shingle Siding: Brick; Vinyl Exterior Features: Deck; Doors - Energy Star; Porch - Covered; Prof Landscaped; Shed; Windows - Vinyl Misc Features: Pantry; Walk-In Closet(s); Washer/Dryer Connect Other Rooms: Other Miscellaneous: Porch; TV Cable Available; Utility Room; Washer/Dryer Cnctns New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: Realty Executives Associates
Office Phone: 865-688-3232
Last Updated: October - 12 - 2023
5200 Devonbrook Way, Knoxville, TN 37918- MLS# 1236502
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.