5909 Medlin Heights Rd, Knoxville, TN 37918

$190,000
Property Type: Multi-Family Square Footage: 2,744 Lot Size (sq. ft.): 49,404 Status: Closed
Current Price: $190,000 List Date: 3/23/2018 Last Modified: 9/28/2021

Description

Great income opportunity in Fountain City. Original house converted to duplex with a 3 bed 1 bath unit on main level, including basement storage.Currently rented for $800/mo Upstairs is a 1 bedroom, 1 bath unit.Currently rented for $550/mo. Low maintenance concrete block building built in 1961 has 2 units and a 1 car garage. 2 bedrooms, 1 bath on main level unit. Currently vacant. 2 bedrooms, 1 bath unit up. Currently rented for $595/mo. All units have washer dryer connections, upper unit in house washer/dryer conveys. All kitchen appliances convey. New roof on both buildings with in the last year. New water heater in main level house unit. This is a must see

More Information MLS# 1035047

Location, Tax & Legal Info

House #: 5909 Street Name: Medlin Heights St Suffix: Rd State/Province: TN Zip Code: 37918 Area: Knox County - 1 City/County Code: City Limits PIN #: 058gb009 Total Tax: 3065.79 Geo Lat: 36.03916 Geo Lon: -83.942168

Contract Info

Auction Y/N: No Listing Price: 179900 Current Price: $190,000 Status: Closed Listing Date: 2018-03-23 Cooperation Comp: 2.4 Compensation Type: %

General Property Description

SqFt - Total (Aprox): 2744 Lot Dimensions: 169.04 X 307.73 X IRR Lot Size SqFt: 49404 Number of Units: 4 # Units Leased: 3 Year Built: 1930 Property Status: N/A Driveway: PAVED

Remarks & Misc

Directions: From North on Broadway; left on Hotel, right on Gresham; left on Grove; righton Medlin Heights, property on left SOP Do not disturb tenants. Shown by appointment only. Public Remarks: Great income opportunity in Fountain City. Original house converted to duplex with a 3 bed 1 bath unit on main level, including basement storage.Currently rented for $800/mo Upstairs is a 1 bedroom, 1 bath unit.Currently rented for $550/mo. Low maintenance concrete block building built in 1961 has 2 units and a 1 car garage. 2 bedrooms, 1 bath on main level unit. Currently vacant. 2 bedrooms, 1 bath unit up. Currently rented for $595/mo. All units have washer dryer connections, upper unit in house washer/dryer conveys. All kitchen appliances convey. New roof on both buildings with in the last year. New water heater in main level house unit. This is a must see

Status Change Info

Status Change Date: 2018-05-22 Under Contract Date: 2018-03-25 Sold Date: 2018-05-18 Sold Price: $190,000

Income/Expenses

Gross Annual Income: 31800

Roof

Roof Info: ASPHALT SHINGLE

Garage/Parking

Garage Spaces: 1

Property Features

Property Sub-Type: Duplex; Four Plex; House Converted Type of Units: 1 Bedroom Unit; 2 Bedroom Unit Sale Includes: Building and Land Floors: Hardwood; Tile; Vinyl Tenant Expenses: Electricity; Water/Sewer Owner Expenses: Exterior Maintenance; Lawn Maintenance; Sewer; Water Fuel: Electric; Gas (Natural) Heat: Baseboard; Central Cooling: Central Cooling; Window Unit(s) Construction: Block; Frame Siding: Vinyl Garage/Parking: Off-Street Parking Other Rooms: Other New Financing: Cash; Conventional
Listing Office: Realty Executives Associates
Office Phone: 865-693-3232
Last Updated: September - 28 - 2021
5909 Medlin Heights Rd, Knoxville, TN 37918- MLS# 1035047
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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