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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!
7003 Old Clinton Pike, Knoxville, 37921
Priced At: $645,000
Property Details for ID: 1299265
SqFt: 2,600
Price SqFt: $248
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-04-30T15:57:40Z
Public Remarks: ****4-PLEX Residential Property for sale!**** Located in beautiful Knoxville, Tennessee. Four separate units, all 1 Bedroom 1 Bath units having 650 SF of living space per unit. Each unit has separate entries and designated parking. Units have appliances including Refrigerator, Oven/cooktop, and washer/dryer hookups. Two of the units have been extensively renovated including granite counter tops, new appliances, flooring and paint. The other two units have some recent updates including flooring and fresh paint. Heating and Air units and Windows are newer and there is a common yard for residents to share. Tenants are responsible for all utilities and trash disposal. Annual income at this time is $46,800 annually with approximately $6000.00 in operating expenses with a net annual cashflow income of $40,000 per year. Located within blocks of Shopping, Dining, Banking, and Healthcare. Also located nearby are schools, interstate I-75 in addition to numerous Parks and Recreation. If you are looking for income generating potential, low maintenance, and property appreciation; this is a great investment opportunity! Must have proof of funds or pre-approval from lender within the last 15 days to view.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 2,600
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
Annual Operating Expenses: 6,115
Net Operating Income: 40,000
HOA Information
Heating & Cooling
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
CLINTON HWY TO 7003 OLD CLINTON PIKE
Your commute
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Mortgage Calculator
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!