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1421 McCroskey Ave, Knoxville, TN 37917

$450,000
Property Type: Multi-Family Square Footage: 2,361 Lot Size (sq. ft.): 8,015 Status: Active
Current Price: $450,000 List Date: 3/13/2024 Last Modified: 5/06/2024

Description

This spectacular duplex will make a great addition to your investment portfolio. Conveniently located off of Broadway in North Knoxville and very accessible to shopping, restaurants and everything Downtown Knoxville has to offer. Less than a mile to the interstate and less than two miles to The Old City and the New Baseball Stadium. Recently updated from top to bottom with new electrical and plumbing, including a new sewer line and new electrical panels and wiring. The roof and HVAC are also new as well as all of the appliances. The smaller unit is 1bed/1bath on the main level making up 570sf of the building. The larger unit is 4 bedrooms/2 bath....4 beds/1 bath and 827sf are on the top level and 1 bath along with the remainder of the living area and 964sf are on the main level. With its size, this unit could potentially be split into two smaller units giving you a triplex for even more income. All of this sits on a great lot with beautiful curb appeal, a covered front porch/entry to both apartments, convenient sidewalk, off street parking and a spacious backyard with an 8' x 8' storage building.

More Information MLS# 1255665

Location, Tax & Legal Info

House #: 1421 Street Name: McCroskey St Suffix: Ave State/Province: TN Zip Code: 37917 Area: Knox County - 1 City/County Code: City Limits PIN #: 081ED046 Subdivision: Coker & Buchanan Lands Total Tax: 6399 Geo Lat: 35.992959 Geo Lon: -83.919508

Contract Info

Auction Y/N: No Listing Price: 450000 Current Price: $450,000 Status: Active Listing Date: 2024-03-13 Cooperation Comp: 2.5 Compensation Type: %

General Property Description

SqFt - Total (Aprox): 2361 Lot Dimensions: 50 X 160M X IRR Lot Size SqFt: 8015 Number of Units: 2 # Units Leased: 2 Utilities/Mo Avg: 250 Year Built: 1920 Property Status: N/A Restrictions: Yes Driveway: Yes Lease Information: Unit #1 is leased for $1900/month. Unit #2 is leased for $1100/month.

Remarks & Misc

Directions: From I-40E to Broadway exit, turn left onto Broadway. Stay to the right onto N Broadway. Turn right onto McCroskey Ave. Second property on the left. Public Remarks: This spectacular duplex will make a great addition to your investment portfolio. Conveniently located off of Broadway in North Knoxville and very accessible to shopping, restaurants and everything Downtown Knoxville has to offer. Less than a mile to the interstate and less than two miles to The Old City and the New Baseball Stadium. Recently updated from top to bottom with new electrical and plumbing, including a new sewer line and new electrical panels and wiring. The roof and HVAC are also new as well as all of the appliances. The smaller unit is 1bed/1bath on the main level making up 570sf of the building. The larger unit is 4 bedrooms/2 bath....4 beds/1 bath and 827sf are on the top level and 1 bath along with the remainder of the living area and 964sf are on the main level. With its size, this unit could potentially be split into two smaller units giving you a triplex for even more income. All of this sits on a great lot with beautiful curb appeal, a covered front porch/entry to both apartments, convenient sidewalk, off street parking and a spacious backyard with an 8' x 8' storage building.

Status Change Info

Status Change Date: 2024-03-13

Property Features

Property Sub-Type: Duplex Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Other Floors: Hardwood; Laminate; Vinyl Tenant Expenses: Electricity Owner Expenses: Advertising; Exterior Maintenance; HVAC Maintenance; Leasing Fees; Roof Maintenance; Taxes; Water Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Disposal; Range; Refrigerator; Smoke Detector Construction: Frame - Brick Roof: Metal Siding: Vinyl Garage/Parking: Off-Street Parking; On-Street Parking Exterior Features: Deck; Porch - Covered; Windows - Vinyl; Windows - Wood Misc Features: Walk-in Closets; Walk-in Shower; Washer/Dryer Connect Other Rooms: Bedroom Main Level; Family Room; Mstr Bdrm Main Level; Separate Dining Room Miscellaneous: Utility Room; Washer/Dryer Cnctns New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: Realty Executives Associates
Office Phone: 865-588-3232
Last Updated: May - 06 - 2024
1421 McCroskey Ave, Knoxville, TN 37917- MLS# 1255665
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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