Attention investors! Incredible opportunity to own a 5-unit income-producing property in Knoxville. This property features a 2,700 sq ft all-brick fourplex plus a detached single-family home, offering immediate cash flow with value-add potential.The fourplex (built in 1977) includes four 1-bedroom, 1-bath units, all fully leased at $900/month per unit. The building offers ample parking, brick exterior, and great location.The detached single-family home (built in 1944) offers 1 bedroom, 1 bath, approx. 550 sq ft, and is currently leased at $850/month. The home needs work, presenting an excellent opportunity to increase value. Each unit is individually metered for electric, water, and sewer. Tenants pay all utilities. Strong rental history and consistent income make this an excellent addition to any investment portfolio.Property is being sold As-Is.
Property Features
Heating Information
Central
Baseboard
Electric
Cooling Information
Central Air
Window Unit(s)
Parking
Off Street
School Information
School Information for 5013 Willoway Drive, Knoxville, TN 37912
Elementary School
Inskip
Middle School
Gresham
High School
Central
Listing Courtesy: Keller Williams Signature - 865-588-9300