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
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