2506 Legion Drive, Knoxville, TN 37920
- $350,000
- 1,800
- SqFt
- Sold Price
- $350,000
- List Price
- $399,900
- Closing Date
- Dec 20, 2024
- MLS#
- 1276464
- Status
- CLOSED
- Type
- Multifamily
- City
- Knoxville
- County
- Knox
- Living Area
- 1,800
- Year Built
- 1950
Property Description
Incredible multi-family investment opportunity in South Knoxville! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. Priced to sell, this converted three-unit property is a unique find in today's market. The units are currently occupied by long-term tenants who would love to stay. Each unit is equipped with essential appliances, including stoves, refrigerators, and combo heat/air units (PTACs). Pictured is the renovated 1 bedroom/1 bathroom. The two-bedroom units offer washer/dryer connections conveniently located on the rear porch. The seller covers water, as the property is on septic, while tenants are responsible for electric. Septic lines were completely replaced in 2023. There is an easement in place for the shared driveway with the neighboring property at 2512 Legion. Don't miss out on this incredible investment opportunity to cash flow immediately! Contact the listing agent directly to schedule your showing today.
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Additional Information
- Appliances
- Range, Refrigerator
- Construction
- Cement Siding, Frame
- Cooling
- Other
- Floors
- Hardwood, Carpet, Vinyl, Tile
- Garage
- On Premise Parking
- Living Area
- 1,800
- Lot Dimensions
- 145X231XIRREG
- Year Built
- 1950
Mortgage Calculator
Agent: Samuel Anderson |
Office: Realty Executives Associates |
Selling Office: .