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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!
707 Atlantic Ave, Knoxville, 37917
Priced At: $550,000
Property Details for ID: 1319281
SqFt: 3,423
Price SqFt: $161
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-10-20T15:35:14Z
Subdivision: Lincoln Park
Public Remarks: Unique five-plex in growing Oakwood/Lincoln Park market is available at a new price! This fully-leased apartment is a perfect income-generating investment and potential expansion on a level, over-sized lot. The four lower level units are 1 bedroom/1 bath apartments with own kitchenettes and full bathrooms. An upstairs unit is larger and includes a bonus room off the living area. Each is served by a separate heating and cooling. Recent updates include new plumbing supply and drain lines, HVAC units, entire roof replacement, and paint. The city has recently repaired sidewalks throughout the neighborhood as well. Tenants benefit from immediate access to grocery stores, restaurants, bus lines, and close proximity to interstates I-75 and I-640. Interior photos in listing are for Unit #2, photos for all other listings are available upon request. The trailhead to Sharps Ridge Memorial Park, which includes year-round hiking and biking trails, is 1/2 mile to the north. Please contact the agent for more details- you will not want to miss out on this investment opportunity!
Schools Information
Elementary School: ChristenberryMiddle / Junior School: Whittle Springs
High School: Fulton
Building Description
SqFt (Total): 3,423
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Directions
From Broadway, turn west on Atlantic Ave. Property is on the right at the corner of Eerie and Atlantic Avenue.
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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!