← Back to search

416 W Outer Drive, Oak Ridge, TN 37830

$375,000
Property Type: Multi-Family Square Footage: 3,216 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $375,000 List Date: 2/19/2024 Last Modified: 4/13/2024

Description

Attention investors!! Check out this great fully rented triplex with long-term tenants! Income producing right out of the gate. 2 one bedroom units and 1 3 bed/2 bath unit. Convenient to all of the new retail in Oak Ridge, as well as Knoxville via Pellissippi Parkway. Buyer to verify all information.

More Information MLS# 1249359

Location, Tax & Legal Info

House #: 416 St Dir: W Street Name: Outer St Suffix: Drive State/Province: TN Zip Code: 37830 Area: Anderson County - 30 City/County Code: City Limits PIN #: 099C A 037.00 Total Tax: 3935.87 Geo Lat: 36.024581 Geo Lon: -84.268414

Contract Info

Auction Y/N: No Listing Price: 375000 Current Price: $375,000 Status: Active Listing Date: 2024-01-01 Cooperation Comp: 2.5 Compensation Type: %

General Property Description

SqFt - Total (Aprox): 3216 Lot Dimensions: 0.44 Lot Size SqFt: 19166 Number of Units: 3 # Units Leased: 3 Utilities/Mo Avg: 1000 Year Built: 1943 Property Status: N/A Driveway: Off Street Parking

Remarks & Misc

Directions: GPS accurate Pellissippi Parkway turns into Illinois Ave, cross the Oak Ridge turnpike and turn right onto W Outer. Property on the left. Public Remarks: Attention investors!! Check out this great fully rented triplex with long-term tenants! Income producing right out of the gate. 2 one bedroom units and 1 3 bed/2 bath unit. Convenient to all of the new retail in Oak Ridge, as well as Knoxville via Pellissippi Parkway. Buyer to verify all information.

Status Change Info

Status Change Date: 2024-02-18

Income/Expenses

Gross Annual Income: 28500

Property Features

Property Sub-Type: Triplex Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Some Furnishings Floors: Carpet; Tile Tenant Expenses: Tenant Pays All Util Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Lawn Maintenance; Licenses; Roof Maintenance; Taxes Fuel: Electric Heat: Central Cooling: Central Cooling; Wall Cooling Appliances: Range; Refrigerator Construction: Frame - Brick Roof: Asphalt Siding: Brick Garage/Parking: Off-Street Parking; On Premise Parking Exterior Features: Balcony; Porch - Covered Other Rooms: Other New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: Realty Executives Associates
Office Phone: 865-588-3232
Last Updated: April - 13 - 2024
416 W Outer Drive, Oak Ridge, TN 37830- MLS# 1249359
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.