801-809 E Lincoln Rd, Alcoa, TN 37701

$1,250,000
Property Type: Multi-Family Square Footage: 8,500 Lot Size (sq. ft.): 30,927 Status: Closed
Current Price: $1,250,000 List Date: 9/05/2021 Last Modified: 1/03/2022

Description

Just what you have been looking for; low maintenance living in the City of Alcoa! These spacious townhomes have the primary suite on the main floor with walk in closet and double bowl vanity sink, large kitchen with island and pantry, laundry, and powder room. Upstairs there are two additional bedrooms and a large bathroom with double sinks, hall closet and additional walk in attic storage. There is a spacious one car garage as well as a covered back deck overlooking a private wooded area. Additional upgrades include LVP throughout the downstairs, granite countertops and all stainless appliances including refrigerator, and ceiling fans throughout. Great opportunity to for an investor to own five new construction units in the city of Alcoa. Market analysis estimates rent to be $2300-$2600.

More Information MLS# 1166522

Location, Tax & Legal Info

Area: Blount County - 28 Community: Rock Gardens City/County Code: City Limits Elementary School: Alcoa Middle School: Alcoa Total Tax: 0 High School: Alcoa

Contract Info

Auction Y/N: No Listing Price: 1375000 Current Price: $1,250,000 Status: Closed Listing Date: 2021-09-05

General Property Description

Lot Dimensions: 150 X 210.2 IRR Lot Size SqFt: 30927 # Units Leased: 0 Restrictions: Yes Utilities/Mo Avg: 0 Property Status: N/A Driveway: Yes SqFt - Total (Aprox): 8500 Number of Units: 5 Year Built: 2021

Remarks & Misc

Directions: Turn onto E Lincoln Rd. Townhomes are on the left just past Gracies. Public Remarks: Just what you have been looking for; low maintenance living in the City of Alcoa! These spacious townhomes have the primary suite on the main floor with walk in closet and double bowl vanity sink, large kitchen with island and pantry, laundry, and powder room. Upstairs there are two additional bedrooms and a large bathroom with double sinks, hall closet and additional walk in attic storage. There is a spacious one car garage as well as a covered back deck overlooking a private wooded area. Additional upgrades include LVP throughout the downstairs, granite countertops and all stainless appliances including refrigerator, and ceiling fans throughout. Great opportunity to for an investor to own five new construction units in the city of Alcoa. Market analysis estimates rent to be $2300-$2600.

Property Sub-Type

Five or Six Plex: 1

Construction

Block: 1 Frame: 1 Frame - Brick: 1

Type of Units

3 or more Bdrm Units: 1 Townhouse: 1

Siding

Brick: 1 Vinyl: 1

Sale Includes

Building and Land: 1 No Furnishings: 1

Miscellaneous

Storage Space: 1 Washer/Dryer Cnctns: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Carpet: 1 Laminate: 1

Garage/Parking

Garage Spaces: 5 Attached: 1 Individual Garages: 1

Tenant Expenses

Tenant Pays All Util: 1

Owner Expenses

Advertising: 1 Common Area Maintenance: 1 Exterior Maintenance: 1 Insurance: 1 Lawn Maintenance: 1 Leasing Fees: 1 Licenses: 1 Roof Maintenance: 1 Supplies: 1 Taxes: 1

Fuel

Electric: 1

Heat

Heat Pump: 1

Appliances

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

Other Rooms

Mstr Bdrm Main Level: 1 Split Bedroom: 1

Roof

Shingle: 1

Exterior Features

Deck: 1 Porch - Covered: 1

Misc Features

Internet Available: 1 Kitchen Island: 1 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 #: 801-809 St Dir: E Street Name: Lincoln St Suffix: Rd State/Province: TN Zip Code: 37701 PIN #: 047B A 031.00 000 Geo Lat: 35.778088 Geo Lon: -83.957172

Status Change Info

Status Change Date: 2022-01-03 Under Contract Date: 2021-09-09 Sold Date: 2022-01-03 Sold Price: $1,250,000

Property Features

Property Sub-Type: Five or Six Plex Type of Units: 3 or more Bdrm Units; Townhouse Sale Includes: Building and Land; No Furnishings Floors: Carpet; Laminate Tenant Expenses: Tenant Pays All Util Owner Expenses: Advertising; Common Area Maintenance; Exterior Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Licenses; Roof Maintenance; Supplies; Taxes Fuel: Electric Heat: Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector Construction: Block; Frame; Frame - Brick Roof: Shingle Siding: Brick; Vinyl Exterior Features: Deck; Porch - Covered Misc Features: Internet Available; Kitchen Island; Pantry; Walk-In Closet(s); Washer/Dryer Connect Other Rooms: Mstr Bdrm Main Level; Split Bedroom Miscellaneous: Storage Space; Washer/Dryer Cnctns New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: Realty Executives Associates
Office Phone: 865-983-0011
Last Updated: January - 03 - 2022
801-809 E Lincoln Rd, Alcoa, TN 37701- MLS# 1166522
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.