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409 E 2nd Ave, Lenoir City, TN 37771

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For Sale

$378,000

4 beds • 2 baths • 2,568 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $147.20
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention investors or buyers looking for a project to remodel and take advantage of this equity investment opportunity in the historic area of downtown Lenoir City! This two story Colonial- Style home is located in a historic neighborhood in Lenoir City and offers tremendous potential for investors seeking a value-add potential or a growing family with a need for space! With well over 2,000 + Sq Ft of living space and an additional cottage complete with its own kitchen and bathroom above the 2 car garage. This layout provides endless opportunity and flexibility for a full rental, rental conversion or an affordable space and the chance to build equity with updates at your own pace! It's ready for your finishing to truly make it home! Inside you'll find a generous floor plan with multiple bedrooms, giving everyone space and privacy. The large covered front porch is ideal for morning coffee and relaxing evenings, while the yard provides room for outdoor fun, gardening or entertaining! The opportunities are endless!! Additionally, you'll find that significant upgrades have already been made: the main house roof was replaced in 2023, as well as the HVAC system. The tankless water heater was updated just seven years ago. The cottage has also been renovated and features its own electric meter and sewer tap-giving it its own address and utility bill-along with a new roof installed in 2023! Walking distance to restaurants, public library, coffee shop, shopping, parks and conveniently located to medical facilities, interstates, and within 35 minutes from Knoxville. Don't miss out on this incredible opportunity! This is a must see, book your showing now!
MLS# 1317104

Courtesy Of Wallace

(865) 966-1111

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Basement
  • Appliances
    Range
  • Architecture Style
    Colonial
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Laminate, Hardwood
  • Lot Size
    0.44 Acres
  • View Type
    City

Map and Directions

Directions to 409 E 2nd Ave, Lenoir City, TN 37771

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Legacy

(865) 984-2121
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.