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Lenoir City, TN 37771

$529,900
Property Type: Multi-Family Square Footage: 3,800 Lot Size (sq. ft.): 71,874 Status: Pending - Continue to Show
Current Price: $529,900 List Date: 5/03/2024 Last Modified: 5/08/2024

Description

Great investment opportunity in Lenior City! 4 unit apartment complex with long term tenants. All units are 2/1. This apartment building is sitting on 1.66 acres! Potentially room to build additional units!

More Information MLS# 1261693

Location, Tax & Legal Info

State/Province: TN Zip Code: 37771 Area: Loudon County - 32 City/County Code: City Limits PIN #: 020P A 009.00 Total Tax: 2857.7

Contract Info

Auction Y/N: No Listing Price: 529900 Current Price: $529,900 Status: Pending - Continue to Show Listing Date: 2024-05-03 Cooperation Comp: 2.5 Compensation Type: %

General Property Description

SqFt - Total (Aprox): 3800 Lot Dimensions: 336x289xIRR Lot Size SqFt: 71874 Number of Units: 4 # Units Leased: 3 Year Built: 1944 Property Status: N/A Restrictions: No Driveway: Fair condition

Remarks & Misc

Directions: 1-40W toward Lenoir City. Exit 81 from I075. Left toward Lenoir City. Right on Adessa Pkwy. Left on Hwy 95. Righton Harrison Rd. Left on Norwood St. Right on Johnson Dr. Left on Finley. Property will be up long driveway on the Right. Unit is far right unit closest to drive way. Public Remarks: Great investment opportunity in Lenior City! 4 unit apartment complex with long term tenants. All units are 2/1. This apartment building is sitting on 1.66 acres! Potentially room to build additional units!

Status Change Info

Status Change Date: 2024-05-08 Under Contract Date: 2024-05-08

Property Features

Property Sub-Type: Four Plex Type of Units: 2 Bedroom Unit Sale Includes: Other Floors: Carpet; Laminate Tenant Expenses: Tenant Pays All Util Fuel: Electric Heat: Central Cooling: Central Cooling Construction: Frame Roof: Asphalt Siding: Vinyl Garage/Parking: Off-Street Parking Other Rooms: Other New Financing: Cash; Conventional
Listing Office: Southland Realtors, Inc
Office Phone: 865-693-6961
Last Updated: May - 08 - 2024
Lenoir City, TN 37771- MLS# 1261693
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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