5705 Fountain Rd, Knoxville, TN 37918

$550,000
2,802
SqFt

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Sold Price
$550,000
List Price
$599,500
Closing Date
Aug 16, 2024
MLS#
1261778
Status
CLOSED
Type
Multifamily
City
Knoxville
County
Knox
Living Area
2,802
Lot Size
25,395
Year Built
1952
Subdivision
Fountain City Co Pt Lt 8

Property Description

6 UNITS - FOUNTAIN CITY - 8.5 CAP - RESIDENTS PAY ALL UTILITIES - UPGRADED INTERIORS! This 6 plex is well located, has plenty of parking, central HVAC, a low maintenance exterior & easy access to the Broadway corridor. Units have front balconies LVT flooring, newer windows & newer HVAC systems. Residents pay all utilities as Fountain has six electric meters, six water heaters and City picks up trash. The former garages contain the individual water heaters, furnaces and duct work. Fountain City is a wonderful bedroom suburb of the City of Knoxville offering just a short 15 minute commute to downtown with excellent interstate access to both I-40 and I-75. The Broadway corridor which is just a few short blocks away offers convenient shopping and dining from takeout to fine sit down eateries, along with the famous Duck Pond, Library and Fountain City Park.

Additional Information

Acres
0.58
Appliances
Range, Refrigerator
Construction
Vinyl Siding, Frame
Cooling
Central Cooling
Exterior Features
Balcony
Floors
Laminate, Vinyl
Garage
On Premise Parking
Living Area
2,802
Lot Dimensions
146x170xIRREG
Year Built
1952

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Calculator source: Real Geeks

Agent: Solange Velas |

Office: Goldman Partners Realty, LLC |

Selling Office: .