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2327 Washington Ave, Knoxville, TN 37917

$319,900
Property Type: Multi-Family Square Footage: 2,232 Status: Active
Current Price: $319,900 List Date: 3/18/2024 Last Modified: 3/28/2024

Description

INVESTMENT OPPORTUNITY! Keep this cash flowing property as a duplex or convert it back into a single family! This duplex on Washington Avenue is fully occupied with long standing tenants. Low maintenance costs and new HVAC units within the last 18 months. 4 Bed 1.5 Bath bottom unit with a month to month lease at $1250 per month. 2 Bed 1 Bath top unit also with a month to month lease for $1115 per month. Both units have central heat and air. Tenants pay all utilities. Shared garage for storage. Please do not disturb tenants. Showing windows scheduled for both Friday and Sunday. Call agent for more information.

More Information MLS# 1254992

Location, Tax & Legal Info

House #: 2327 Street Name: Washington St Suffix: Ave State/Province: TN Zip Code: 37917 Area: Knox County - 1 City/County Code: City Limits PIN #: 082JV018 Subdivision: Hazens Pt 252 Total Tax: 2909.81 Geo Lat: 35.985734 Geo Lon: -83.902883

Contract Info

Auction Y/N: No Listing Price: 319900 Current Price: $319,900 Status: Active Listing Date: 2024-03-07 Cooperation Comp: 2 Compensation Type: %

General Property Description

SqFt - Total (Aprox): 2232 Lot Dimensions: 75 X 150 Number of Units: 2 # Units Leased: 2 Utilities/Mo Avg: 200 Year Built: 1920 Property Status: N/A Restrictions: No Driveway: yes Lease Information: 4 Bed 1.5 Bath= month to month lease at $1250 p/m. 2 Bed 1 Bath=month to month lease at $1250 p/m.

Remarks & Misc

Directions: South on Cherry Street to RT onto Washington Avenue to property on RT. Public Remarks: INVESTMENT OPPORTUNITY! Keep this cash flowing property as a duplex or convert it back into a single family! This duplex on Washington Avenue is fully occupied with long standing tenants. Low maintenance costs and new HVAC units within the last 18 months. 4 Bed 1.5 Bath bottom unit with a month to month lease at $1250 per month. 2 Bed 1 Bath top unit also with a month to month lease for $1115 per month. Both units have central heat and air. Tenants pay all utilities. Shared garage for storage. Please do not disturb tenants. Showing windows scheduled for both Friday and Sunday. Call agent for more information.

Status Change Info

Status Change Date: 2024-03-18

Income/Expenses

Gross Annual Income: 28380

Property Features

Property Sub-Type: Duplex; House Converted Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land Floors: Carpet; Hardwood; Laminate; Tile; Vinyl Tenant Expenses: Electricity; Tenant Pays All Util Owner Expenses: Advertising; Common Area Maintenance; Exterior Maintenance; Lawn Maintenance Fuel: Electric Heat: Central Cooling: Central Cooling Construction: Block; Frame Roof: Shingle Siding: Vinyl Garage/Parking: Detached; Off-Street Parking Exterior Features: Fence - Wood; Porch - Covered Other Rooms: Other New Financing: Cash; Conventional; New Loan
Listing Office: Realty Executive Associates Downtown
Office Phone: 865-347-2482
Last Updated: March - 28 - 2024
2327 Washington Ave, Knoxville, TN 37917- MLS# 1254992
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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