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

Overview

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.

Listing Details MLS# 1166522

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

Contract Info

Auction Y/N
No
Listing Price
1375000

General Property Description

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

Status Change Info

Status Change Date
2022-01-03
Under Contract Date
2021-09-09
Sold Date
2022-01-03

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

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.

More Information

Property Sub-Type

Five or Six Plex
Yes

Construction

Block
Yes
Frame
Yes
Frame - Brick
Yes

Type of Units

3 or more Bdrm Units
Yes
Townhouse
Yes

Siding

Brick
Yes
Vinyl
Yes

Sale Includes

Building and Land
Yes
No Furnishings
Yes

Miscellaneous

Storage Space
Yes
Washer/Dryer Cnctns
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Carpet
Yes
Laminate
Yes

Garage/Parking

Garage Spaces
5
Attached
Yes
Individual Garages
Yes

Tenant Expenses

Tenant Pays All Util
Yes

Owner Expenses

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

Fuel

Electric
Yes

Heat

Heat Pump
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Other Rooms

Mstr Bdrm Main Level
Yes
Split Bedroom
Yes

Roof

Shingle
Yes

Exterior Features

Deck
Yes
Porch - Covered
Yes

Misc Features

Internet Available
Yes
Kitchen Island
Yes
Pantry
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

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
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.