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Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $158
Subdivision Orchard Knob
MLS Listing ID 2419639
Sold Date 11/19/20
HOA Y/N No
Year Built 2019
Annual Tax Amount $407
Lot Dimensions 50X130
Property Description
Incredible downtown new construction investment opportunity! This 6 unit apartment building is situated in a great rental area off of McCallie Ave, close to Parkridge, and just minutes from UTC, Erlanger, and other downtown businesses. The building features four 1 bedroom units, and two 2 bedroom units, each complete with a kitchen, living space, washer/dryer hookups, full bath, and durable flooring. The 1 bedroom units are approximately 504 square feet, while the 2 bedroom units are approximately 792 square feet. With all units occupied, the potential GMI is $6,500. The building will have off street parking behind the building for tenants. Estimated completion early 2020. Don't miss this incredible opportunity. Call for your private showing today!
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
Waterfront false
View Y/N false
Roof Type Other
Parking Type Detached
Private Pool false
Building
Story 2
Water Public
Structure Type Fiber Cement
New Construction true
Schools
Elementary Schools Orchard Knob Elementary School
Middle Schools Orchard Knob Middle School
High Schools Brainerd High School
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