300 Pennsylvania Ave, Oak Ridge, TN 37830
$950,000
Property Type:
Multi-Family
Square Footage:
4,902
Status:
Active
Current Price:
$950,000
List Date:
1/05/2024
Last Modified:
4/29/2024
Description
Attention investors!! Two quadplexes (8 units total) available in this offering. Conveniently located across the street from Methodist Medical Center, these great properties embody Oak Ridge. Fully rented and income producing. Each quadplex offers a pair of one-bedroom units and a pair of 2 bed/1bath units. Extensive maintenance has been done over the past year including the addition of central HVAC to some units and plumbing replacement. Many tenants are long-term. Buyer to verify all information.
More Information MLS# 1249360
Location, Tax & Legal Info
House #: 300
Street Name: Pennsylvania
St Suffix: Ave
State/Province: TN
Zip Code: 37830
Area: Anderson County - 30
City/County Code: City Limits
PIN #: 099D E 040.00
Subdivision: City Of Oak Ridge
Total Tax: 5403.01
Geo Lat: 36.023229
Geo Lon: -84.249955
Contract Info
Auction Y/N: No
Listing Price: 950000
Current Price: $950,000
Status: Active
Listing Date: 2024-01-02
Cooperation Comp: 2.5
Compensation Type: %
General Property Description
SqFt - Total (Aprox): 4902
Lot Dimensions: .7
Number of Units: 8
Utilities/Mo Avg: 500
Year Built: 1943
Property Status: N/A
Driveway: Off Street Parking
Remarks & Misc
Directions: GPS accurate
Pellissippi to Lafayette Dr., Lafayette will turn into New York Ave, property on left at the Pennsylvania/New York intersection.
Public Remarks: Attention investors!! Two quadplexes (8 units total) available in this offering. Conveniently located across the street from Methodist Medical Center, these great properties embody Oak Ridge. Fully rented and income producing. Each quadplex offers a pair of one-bedroom units and a pair of 2 bed/1bath units. Extensive maintenance has been done over the past year including the addition of central HVAC to some units and plumbing replacement. Many tenants are long-term. Buyer to verify all information.
Status Change Info
Status Change Date: 2024-01-05
Income/Expenses
Gross Annual Income: 84960
Property Features
Property Sub-Type: Four Plex
Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Some Furnishings
Floors: Carpet; Hardwood; Laminate; Tile; Vinyl
Tenant Expenses: Electricity; Gas; Telephone
Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Licenses; Sewer; Taxes; Water
Fuel: Electric
Heat: Central; Heat Pump; Zoned
Cooling: Central Cooling; Window Unit(s); Zoned
Appliances: Dishwasher; Dryer; Range; Refrigerator; Smoke Detector; Washer
Construction: Frame
Roof: Asphalt
Siding: Vinyl
Garage/Parking: Off-Street Parking; On Premise Parking
Exterior Features: Patio; Porch - Covered
Other Rooms: Bedroom Main Level; Family Room; Mstr Bdrm Main Level
Miscellaneous: Utility Room
New Financing: Cash; Conventional
Showing: See Agent Instructns
Listing Office: Realty Executives Associates
Office Phone: 865-588-3232
Last Updated: April - 29 - 2024
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