5639 Lon Roberts Drive, Knoxville, TN 37918
- $600,000
- 3,504
- SqFt
- Sold Price
- $600,000
- List Price
- $615,000
- Closing Date
- Apr 04, 2025
- MLS#
- 1289846
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Knoxville
- County
- Knox
- Living Area
- 3,504
- Year Built
- 1972
- DOM
- 50
Property Description
Fountain City is exploding and this is a great opportunity to get in on the ground floor with an all brick 4-Plex that has been mostly renovated. All 4 tenants have been there nearly 2 years and rents are ready to be increased. Roof was replaced in 2012, one HVAC unit was replaced in 2024, and the others were replaced around 2017. One unit is currently rented for $1,300 and three are rented for $1,200. The complex is less than 1/2 mile to booming Broadway with all the new shops gyms, and restaurants. There is an area in the back that can be used for laundry as an extra income source. Comparable units are currently renting for $1,400. Taxes are $5,608.92. Insurance is $2,371. $5,Owner/Agent.
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Additional Information
- Appliances
- Refrigerator, Range, Microwave
- Construction
- Frame, Brick
- Cooling
- Central Air
- Exterior Features
- Windows - Vinyl
- Floors
- Vinyl
- Garage
- Off Street
- Living Area
- 3,504
- Lot Dimensions
- 100.25X130.98XIRR
- Subdivision
- Fountain City Add
- Year Built
- 1972
- Subdivision
- Fountain City Add
- Heating
- Central, Electric
- Num Of Units
- 4
Mortgage Calculator
Agent: Derek Maples |
Office: Keller Williams Realty |
Selling Office: .