TN
Knox County - 1
Knoxville
37917
2359 E 5th Ave
2359 E 5th Ave, Knoxville, TN 37917
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Listing Type
Multi Family
Listing Status
Active
55
$475,000

Home Details for 2359 E 5th Ave

Price
$475,000
Type
Residential Income
Year built
1960
County
Knox County - 1
Garage
3
MLS Listing#
1345397
Property Description

Charming income producing apartment building featuring four one-bedroom, one-bathroom units in the popular Historic Parkridge neighborhood. Great proximity to E Magnolia Avenue commercial area, Downtown Knoxville, and the bus line. Plenty of off-street Parking on premises as well as covered garage bays that could be converted to storage units for additional income or higher rent. Membrane roof installed 2020 with 20 year warranty. These units have been updated and three are ready for immediate occupancy, one currently leased month to month. Electric, water, and sewer are metered separately for all 4 units. This building is in very good condition and provides opportunity for improvements to increase rental rates over time. Great investment opportunity in growing area.

Property Features
  • Parking
    • Off Street
    • On Street
    • Attached
    • Garage
  • Heating Information
    • Other
    • Electric
  • Cooling Information
    • Wall Unit(s)
  • House Interior
    • Walk-In Closet(s)
  • Garage
    • 1
School Information
School Information for 2359 E 5th Ave, Knoxville, TN 37917
Elementary School
Sarah M Greene/Magnet
Middle School
Vine/Magnet
High School
Austin East/Magnet
Listing Courtesy: Realty Executives South - 865-910-0708
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EXIT REALTY PROS
9821 Cogdill Rd. Suite 1A, Knoxville, TN 37932
Office
865 383 3948
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