1840 Buford St, Knoxville, TN 37920

Property Description

ONLINE ONLY REAL ESTATE AUCTION | South Knoxville Investment Property with Long-Term Tenants in Place BIDDING BEGINS TO CLOSE: Wednesday, May 13th at 12:00PM - Noon (ET) | OPEN HOUSE: Monday, May 11th from 1:00PM -2:00PM (ET) This South Knoxville investment home presents a straightforward and attractive opportunity for investors seeking immediate rental income with long-term tenants already in place or to buy as an opportunity to flip. This home is currently rented at $750 per month on a month-to-month basis, the existing tenants have expressed a desire to remain in the home and are open to negotiating a lease with a new owner -- making for a seamless transition from day one. The property features a comfortable and functional layout including: Living room, Eat-in kitchen, Three bedrooms, Full bathroom and Laundry room. Conveniently situated in South Knoxville, the property offers quick and easy access to: James White Parkway, Chapman Highway, Downtown Knoxville, University of Tennessee, and Urban Wilderness Gateway Park. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking an income-producing property, this South Knoxville home delivers immediate cash flow, a desirable location, and the added benefit of tenants who are motivated to stay. Opportunities like this -- with long-term tenants in place and a convenient location close to major Knoxville destinations and outdoor recreation -- are always in demand and rarely last long. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709