11114 Yarnell Rd, Knoxville, TN 37932
$800,000
Property Type:
Multi-Family
Square Footage:
1,900
Status:
Active
Current Price:
$800,000
List Date:
4/22/2024
Last Modified:
5/09/2024
Description
Incredible Investment Opportunity in the Heart of West Knoxville! Income Producing Property with Four Short Term Rental Units! They have grossed over $33,000 through April '24 & tracking $101,000 for the year. Live in one, rent the rest! This 1.45 acre property includes four profitable rental units, fully furnished and ready to go. Units C & D are charming bungalows with studio setup. Guests can enjoy tranquil evenings outside around the fire pit, equipped with string lights and swings. Unit 2 features relaxing hot tub on the deck. Fantastic West Knoxville location--only 15 minutes to Turkey Creek for shopping, restaurants, and entertainment! Come check out this one-of-a-kind property TODAY!
More Information MLS# 1260236
Location, Tax & Legal Info
House #: 11114
Street Name: Yarnell
St Suffix: Rd
State/Province: TN
Zip Code: 37932
Area: Knox County - 1
City/County Code: County
PIN #: 117EA003
Subdivision: Walter Henderson
Elementary School: Hardin Valley
Middle School: Hardin Valley
High School: Hardin Valley Academy
Total Tax: 763.4
Geo Lat: 35.929254
Geo Lon: -84.160601
Contract Info
Auction Y/N: No
Listing Price: 800000
Current Price: $800,000
Status: Active
Listing Date: 2024-04-22
Cooperation Comp: 2
Compensation Type: %
General Property Description
SqFt - Total (Aprox): 1900
Lot Dimensions: 25.04 X 591.33 X IRR
Number of Units: 4
# Units Leased: 4
Year Built: 2000
Property Status: N/A
Restrictions: No
Driveway: Yes, Gravel
Lease Information: All 4 units are STRs
Remarks & Misc
Directions: FROM TN-162N (Pellissippi Pkwy): Take the exit toward Tusculum College/Lovell Rd; At the red light, turn right onto TN-131 S (Lovell Rd); Turn right onto Yarnell Rd; In 0.9 miles, the destination will be on your left
Public Remarks: Incredible Investment Opportunity in the Heart of West Knoxville! Income Producing Property with Four Short Term Rental Units! They have grossed over $33,000 through April '24 & tracking $101,000 for the year. Live in one, rent the rest! This 1.45 acre property includes four profitable rental units, fully furnished and ready to go. Units C & D are charming bungalows with studio setup. Guests can enjoy tranquil evenings outside around the fire pit, equipped with string lights and swings. Unit 2 features relaxing hot tub on the deck. Fantastic West Knoxville location--only 15 minutes to Turkey Creek for shopping, restaurants, and entertainment! Come check out this one-of-a-kind property TODAY!
Status Change Info
Status Change Date: 2024-04-22
Property Features
Property Sub-Type: Four Plex
Type of Units: 3 or more Bdrm Units; Furnished
Sale Includes: All Furnishings; Building and Land
Floors: Hardwood; Slate; Tile
Fuel: Gas (Natural)
Heat: Central
Cooling: Central Cooling
Construction: Block; Frame
Roof: Composition; Metal; Shingle
Siding: Cement; Vinyl
Garage/Parking: Off-Street Parking
Exterior Features: Deck; Fence - Privacy; Fence - Wood; Patio; Porch - Covered
Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level
Miscellaneous: Patio; Porch; Washer/Dryer Cnctns
New Financing: Cash; Conventional; FHA; VA Loan
Showing: See Agent Instructns
Documents
COA + Exemption ›Listing Office: Young Marketing Group, Realty Executives
Last Updated: May - 09 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.