5201 Lonas Drive, Knoxville, TN 37909

$620,000
3,082
SqFt

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Sold Price
$620,000
List Price
$599,900
Closing Date
Jan 12, 2024
MLS#
1243407
Status
CLOSED
Type
Multifamily
City
Knoxville
County
Knox
Living Area
3,082
Lot Size
20,485
Year Built
2023

Property Description

Attention Investors, this Brand-New Duplex is an Awesome Multi-Family Investment Opportunity! Conveniently Located in West Knox/ Bearden Area on an oversized lot of Half Acre this Exquisite Property was Just Finished and features 2 units with 4 BR, 2 BA and 3 BR, 2 BA. Whether you're seeking a permanent Brand-New Home for your Family or a Solid Investment Property in Good Location, this Dual Duplex presents Endless opportunities. Both Units are Vacant and Ready for your Tenants to move-in, or you can live in one unit to offset your own expenses and Rent the other. You will Love the Luxury Vinyl Flooring throughout and Contemporary Finishes that adorn the interior, along with Open-Concept Floor Plan that seamlessly integrates the Living, Dining, and Kitchen areas. Gourmet Kitchens fitted with Custom Cabinets, Large Island and SS Appliances. Great outdoor space with Concrete Driveway, Large Parking Area for Both Units and Specious Carport to be shared. As an added Bonus, this Property is located in a Desirable Location in West Knoxville with easy access to Shopping, Dining, Great Schools & West Town Mall. Don't let this Opportunity pass you by, Given the potential Rental Income you can make this Property into a Cash Flow Machine!

Additional Information

Acres
0.47
Appliances
Dishwasher, Disposal, Smoke Detector, Refrigerator, Microwave
Construction
Vinyl Siding, Frame
Cooling
Central Cooling
Exterior Features
Windows - Insulated, Windows - Vinyl, Prof Landscaped
Floors
Vinyl, Tile
Garage
Shared Carports, Carport
Living Area
3,082
Lot Dimensions
100 X 200 X IRR
Year Built
2023

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Calculator source: Real Geeks

Agent: Oleg Cheban |

Office: Realty Executives Associates |

Selling Office: .