2428 Highland Drive, Knoxville, TN 37918

$399,900
6
BD
3
BA
2,625
SqFt

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Sold Price
$399,900
List Price
$399,900
Closing Date
Dec 29, 2023
MLS#
1246155
Status
CLOSED
Type
Single Family Residential
City
Knoxville
County
Knox
Bedrooms
6
Bathrooms
3
Living Area
2,625
Lot Size
20,996
Year Built
1946
Subdivision
Robbins 1st Add
Occupancy
Either

Property Description

Turnkey, Cash Flowing Investment Opportunity. Multi-family/2 homes in one. Pre-Listing Home Inspection Report available upon request. There are several income producing possibilities available for this home to help pay for your mortgage: 1. House hack (live on the main level) and rent out the basement level for up to $2000 per month... 2. House hack (live on the basement level) and rent out the main level for $2500 per month... 3. Rent out both levels for up to $4500 per month... 4. Airbnb/vacation rental... 5. Mid-term rental for traveling nurses... Great investment and opportunity for all investors especially those needing to reinvest 1031 exchange profits. Fountain City charming cottage designed basement rancher on almost half an acre. Main Level: 5 bedrooms and 2 remodeled baths, Galley kitchen with granite counters and tile floors, Beautifully refinished oak hardwood floors, 1 bedroom would make for an ideal in-home business with a separate entrance, Dual pane vinyl windows throughout, water heater Spring 2023, and main water line from street to house has been replaced Oct 2023. French doors lead out to an entertaining style deck overlooking a scenic backyard. Plenty of off-street parking available, bring RV & all the toys. Basement: An entirely separate living quarters with 1 bedroom and 1 bath, Large living room, dining, a full size kitchen with large pantry, office, laundry room, and 2 ton mini-split. Make this Fountain City charmer your new home for the holidays!

Additional Information

Acres
0.48
Appliances
Dishwasher, Smoke Detector, Refrigerator
Basement
Yes
Construction
Fiber Cement, Brick, Frame
Cooling
Central Cooling, Ceiling Fan(s)
Exterior Features
Window - Energy Star, Windows - Vinyl, Fence - Privacy, Patio, Porch - Covered, Fence - Chain, Deck
Floors
Carpet, Hardwood, Tile
Garage
None, Off-Street Parking
Living Area
2,625
Lot Description
Wooded, Level
Lot Dimensions
86.6x251.5
Style
Cottage, Traditional
View
Country Setting
Year Built
1946

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Calculator source: Real Geeks

Agent: Trisha Lyons |

Office: Wallace |

Selling Office: .