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		
	
	
	
									IDX
							
	Office Phone: 865-983-0011
																											Last Updated: January - 03 - 2022
																																
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