116 S Gay St Unit APT 107, Knoxville, TN 37902
- $715,000
- 3
- BD
- 2
- BA
- 1,260
- SqFt
- Sold Price
- $715,000
- List Price
- $750,000
- Closing Date
- Oct 12, 2023
- MLS#
- 1239533
- Status
- CLOSED
- Type
- Condo
- City
- Knoxville
- County
- Knox
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,260
- Lot Size
- 2,613
- Year Built
- 1920
- Subdivision
- Sterchi Lofts Condominiums
Property Description
This unit is unique in that is only 1 of 14 units in the entire building that does not have a restriction against being used as a short-term rental like an Airbnb or VRBO. Owners can use the unit for their own personal use to attend football, baseball and basketball games, attend concerts, shows and other events or to spend holidays downtown. When owners are not using it for themselves, they can generate passive income by using it as a short-term rental. Sterchi Lofts is located in the heart of downtown Knoxville and is within walking distance of Market Square, the Old City area and the site of the new baseball stadium construction. It's also convenient to the University of TN campus and the developing South Knoxville Waterfront area. Enjoy all the best restaurants, nightlife and entertainment that downtown has to offer and generate income on the side. Furniture will all convey except any paintings. (New Owners would need to obtain their own STR permit) *Buyers to verify sq. ft. *** Buyers to verify sq. ft. *** Acceptable terms are cash or financing without appraisal contingencies. ***
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Additional Information
- Acres
- 0.06
- Amenities
- Elevator(s)
- HOA Frequency
- Monthly
- HOA Fee
- $303
- Appliances
- Dishwasher, Self Cleaning Oven, Refrigerator, Microwave
- Construction
- Brick, Metal Siding, Steel Siding
- Cooling
- Central Cooling
- Exterior Features
- Windows - Aluminum
- Garage
- On-Street Parking, Other
- Living Area
- 1,260
- Style
- Historic
- View
- Mountain View, Other, City
- Year Built
- 1920
Mortgage Calculator
Agent: Joe Consumo |
Office: Terminus Real Estate, Inc. |
Selling Office: .