All-brick for low maintenance. 37 large, easy-to-rent units convenient to downtown employers and services.Location and Cash Flow! This very desirable property is located in the growing Fountain City community in North Knoxville and represents an exceptional investment opportunity. Normandy Chateau is at a Knoxville Area Transit (KAT) bus stop and close to groceries, parks, restaurants, banks and other amenities.Many renovations over the past 6 years, including eleven units extensively
30 units in the heart of the Fountain City community of Knoxville. The Evergreen Apartments are all brick and in very good condition. The current owner/manager says the property is easily kept rented since it is close to shopping, access to I-640 and all (but one) unit has washer/dryer connections and most come with a stacked washer/dryer unit.The two buildings were built in 1970 & 1972. Roofs were replaced in 2011. Heat is supplied by baseboard and/or ceilheat.
Madison Square and Fairhill Apartments located across the street from each other and are being sold as a package by the same owner. Between them there are 28 units, all 1-BR. All brick buildings with gable roofs, in a quiet, suburban setting with mature trees. Units are all-electric and residents pay their own electricity. Roofs were replaced in 2013.Madison Square Apartments are at 206 Dahlia Dr. and has two buildings with 18 units total and a shed on 1.03 acres. Built in 1978,
Great investment opportunity! Great, four-plex in a convenient location. Four, 3 bedroom, 2 bathroom units. Property has been updated and expertly maintained. All units are leased. Owner has put substantial money into updating property since purchased.
All Brick 4-Plex. GREAT INVESTMENT. Backs up to Shannondale School. New water line from meter to building in 2012 and entire building re-plumbed in 2013. 2 units have new sliding glass doors to deck and 1 has a new French door.