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Daniel Parker - Listings

BJ Can Help You Purchase This Unit

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

1505 Mohawk Court, Cleveland, 37311

Priced At: $462,000

Property Details for ID: 1294458



SqFt: 3,848
Price SqFt: $120
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-03-24T20:13:28Z
Subdivision: Georgetown Estates

Public Remarks: JUST REDUCED! 4 PLEX FOR SALE CLEVELAND TN - OWC FIRST W/25% DOWN- STRONG CASHFLOW!!! This well-maintained quadplex in Cleveland offers a value add investment with plenty of rental upside! Units are rented on a month to month basis and Seller is offering great terms - subject to review of buyers financials, with 25% down payment, Seller will carry a 75% first deed of trust at 6.5%, amortized over 30 years with a balloon 3 years from closing. Recent updates include a new roof (2020) and 3 of 4 HVAC systems replaced in the last 3 years. Tenants pay all utilities, minimizing owner expenses. Unit 2 has been fully renovated with new appliances, new cabinetry, carpet, paint, and updated bathroom. A turnkey property with solid rental income potential! Please see video links for the interiors. As Mohawk is fully occupied, please allow 48 hours to schedule all showings through the listing agents. No sign on property and we respectively request that you do not disturb the residents

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1970
SqFt (Total): 3,848
Sub-Type: Four Plex
Sale Includes: Building and Land
Unit Type(s): 1 Bedroom Unit, 2 Bedroom Unit, Garden

  Exterior Features

Features: Balcony, Patio
Construction: Frame - Brick
Siding: Brick, Other

  Appliances

Dishwasher, Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Tile, Vinyl
Other Rooms: Other
Misc Features: WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, New Loan, VA Loan
Gross Annual Income: 42,000
Annual Operating Expenses: 7,126
Net Operating Income: 34,874

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

On Premise Parking

  Community Features

Outbuildings

Presented By: / Goldman Partners Realty, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take I-75 to exit 25 towards Cleveland and turn right onto Georgetown Rd. Go .7 miles and turn right onto Ohio Ave then go .3 miles abd turn right onto Mohawk Ct. The 4 plex is immediately on your left at the corner of Mohawk & Ohio.



Your commute

( Departing today at 8:00am )
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Mortgage Calculator

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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.

Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.

Trained Advocate

Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.

Marketing Expertise

My marketing expertise will help to make sure that the pictures, public description and website distribution channels will draw potential buyers to your home.

Full-Time Access

My buyers and sellers have my personal cell phone number and can reach me on a full-time basis.



Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.