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2055 Washington Ave, Knoxville, TN 37917

Commercial property for sale

Description
Contact Listing Agents for complete marketing package and financial analysis. Six townhouse units in an attractive brick & vinyl apartment in the gentrifying Parkridge community. Built in 1971. Each unit is 2 bedrooms, 1.5 bath townhouse-style with bedrooms on the 2nd floor. Features plenty of off-street parking and washer/dryer connections in each unit. KAT bus stop at the property and a short drive to I-40, Knoxville Center Mall, downtown Knoxville and the University of Tennessee. Cash-on-cash return of 15.64%; 10.3% cap rate on existing rents. Investors will appreciate that all utilities are separately metered and paid by the tenants. New roof in 2012 and complete new HVAC (conventional split system) in approx. 2005. Interested parties are encouraged to drive the property, but please do not talk to or otherwise disturb the residents. Call listing agents to arrange a tour. Building price details: $200,000.
Property Details

Building Name:	Washington Avenue Apartments
Property Type:	Multifamily
Use Types:	Low-Rise/Garden
Status:	Available
Price:	$ 33,333 +/Unit
Number of Stories:	2
Year Built:	1971
MSA:	Knoxville
Zoning:	R-1A/H-1
Buildings:	1
Broadband Internet:	Cable
Construction:	Brick/Vinyl Siding
Terms:	Cash to Seller
Added:	11/16/2012
Last Update:	12/29/2012

Parking Type:

Surface

Note
Details Info about this row that located on 2055 Washington Ave, Knoxville, TN 37917 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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