Knoxville, TN 37917,707 Atlantic Ave
Knoxville, TN 37917,707 Atlantic Ave
Knoxville, TN 37917,707 Atlantic Ave
Knoxville, TN 37917,707 Atlantic Ave
Knoxville, TN 37917,707 Atlantic Ave
Knoxville, TN 37917,707 Atlantic Ave
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$ 600,000
Est. payment | /mo

3,423 SqFt


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$ 600,000
Est. payment | /mo
Save

3,423 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,423 sqft

Price per Sqft $175

Subdivision Lincoln Park

MLS Listing ID 1319281

Year Built 1899

Lot Dimensions 150x162

Source East Tennessee REALTORS® MLS

Property Description

Unique five-plex in growing Oakwood/Lincoln Park market is available at a new price! This fully-leased apartment is a perfect income-generating investment and potential expansion on a level, over-sized lot.

The four lower level units are 1 bedroom/1 bath apartments with own kitchenettes and full bathrooms. An upstairs unit is larger and includes a bonus room off the living area. Each is served by a separate heating and cooling. Recent updates include new plumbing supply and drain lines, HVAC units, entire roof replacement, and paint. The city has recently repaired sidewalks throughout the neighborhood as well. Tenants benefit from immediate access to grocery stores, restaurants, bus lines, and close proximity to interstates I-75 and I-640. Interior photos in listing are for Unit #2, photos for all other listings are available upon request.

The trailhead to Sharps Ridge Memorial Park, which includes year-round hiking and biking trails, is 1/2 mile to the north. Please contact the agent for more details- you will not want to miss out on this investment opportunity!

Location

State TN

County Knox County - 1

Rooms

Other Rooms Other

Interior

Heating Central, Electric

Cooling Central Cooling, Wall Cooling

Flooring Laminate, Hardwood

Heat Source Central, Electric

Exterior

Parking Features Off-Street Parking

Garage Description Off-Street Parking

Roof Type Aluminum

Garage No

Building

Faces From Broadway, turn west on Atlantic Ave. Property is on the right at the corner of Eerie and Atlantic Avenue.

Structure Type Brick

Schools

Elementary Schools Christenberry

Middle Schools Whittle Springs

High Schools Fulton

Others

Tax ID 081CE040

Energy Description Electric

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

Listed by Hemlock Realty LLC
Stacy Dunn

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(423) 540-3410

stacydunnhomes@gmail.com

9041 Executive Park Dr, Knoxville, TN, 37923-4609, USA

Learn More About LPT Realty

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707 Atlantic Ave