123 E Springdale Ave, Knoxville, TN 37917
- $265,000
- 1,956
- SqFt
- List Price
- $265,000
- MLS#
- 1346324
- Status
- ACTIVE
- Type
- Single Family Residential
- City
- Knoxville
- County
- Knox
- Living Area
- 1,956
- Lot Size
- 7,231
- Year Built
- 1915
Property Description
This exceptional multi-family property, zoned for commercial use, presents a charming historic residence situated just outside the lively Happy Holler district. It represents an excellent investment opportunity, benefiting from a prime location with convenient access to local amenities. Although the apartment units currently require some repairs, cleaning, and modernization, they offer significant potential for value-added renovation. The property includes a spacious, unfinished fourth unit on the upper floor, which could be completed to generate additional income. Each dwelling is equipped with its own electric meter for independent utility management. The first-floor apartments currently command a monthly rent of $1200 each, while the upstairs unit rents for $1000. Tenants are responsible for all utility costs. Recent enhancements include a newer roof. The property is set on a generous lot, featuring an outdoor storage building and rear access from the back street, which provides convenient off-street parking.
/u.realgeeks.media/findtnlakehomes/header.png)
Additional Information
- Acres
- 0.17
- Construction
- Block, Frame, Vinyl Siding
- Cooling
- Central Air
- Floors
- Vinyl
- Garage
- On Premise Parking, On Street
- Living Area
- 1,956
- Lot Dimensions
- 50 X 145
- Subdivision
- Oakwood C B Atkins Add
- Year Built
- 1915
- Subdivision
- Oakwood C B Atkins Add
- Heating
- Heat Pump, Electric, Natural Gas
- Restrictions
- Yes
- Num Of Units
- 3
Mortgage Calculator
Listing courtesy of The Real Estate Firm, Inc..
Agent: Fredda Augusta Temples |
Office: The Real Estate Firm, Inc. |