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2506 Legion Drive

Knoxville, TN 37920
  • $495,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 1225242
UPDATED: 22 min ago
$495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,654
    SQFT
  • $187
    $/SQFT
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

AMAZING SOUTH KNOX LOCATION - 5 UNITS - Welcome to this beautiful setting just minutes from downtown Knoxville, UT Medical Center and the University of TN. Seller is retiring after owning this property for over 50 years. Tenants are very long term and would love to stay. There are two lots totaling just over 1 acre with 2 septic fields. Units have stoves, refrigerators and combo heat/air units (ptacs). Seller pays water and tenants pay electric. . Shed does not convey - property of a tenant.

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© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2023-05-28T19:18:05.59.
www.ashleyfinney.com/homes/138938383
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2506 Legion Drive Knoxville, TN 37920

  • Price: $495,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 22 min ago
  • ID#: 1225242
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,654
SQFT
$187
$/SQFT
1950
Built
County:
Knox
Area:
Knoxville
Property Description
AMAZING SOUTH KNOX LOCATION - 5 UNITS - Welcome to this beautiful setting just minutes from downtown Knoxville, UT Medical Center and the University of TN. Seller is retiring after owning this property for over 50 years. Tenants are very long term and would love to stay. There are two lots totaling just over 1 acre with 2 septic fields. Units have stoves, refrigerators and combo heat/air units (ptacs). Seller pays water and tenants pay electric. . Shed does not convey - property of a tenant.
Exterior Features

Construction Frame Driveway Paved Garage Parking On Premise Parking Lot Size 300X215xirreg

Interior Features

Appliances RangeRefrigerator Cooling Wall Cooling Floors CarpetTile Fuel Electric Heat Other Other Rooms Mstr Bdrm Main Level

Property Features

Annual Oper Expenses 4305.00 Auction YN No City County Code County City Taxes 0.00 County Taxes 1165.00 Gross Annual Income 27360.00 Lease Information All Units Are Month To Month With Longterm Tenants Multifamily Sub Type Five Or Six Plex Net Operating Income 23055.00 New Financing Owner Will Carry Owner Expenses InsuranceLawn MaintenanceTaxesWater Property Status N/A Pud YN No Sale Includes Building And Land Tenant Expenses Electricity Total Tax 1165.00 Type Of Units 1 Bedroom Unit2 Bedroom UnitEfficiency Unit Units Leased 5.00 Utilities Mo Avg 70.00

Listing information © 2023 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Goldman Partners Realty, Llc: (865) 444-3240.


© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2023-05-28T19:18:05.59.
 
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Realty Executives Associates
10255 Kingston Pike
Knoxville TN, 37922