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
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