6101 Ball Rd, Knoxville, TN 37931

$550,000
3
BD
2
BA
1,104
SqFt

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List Price
$550,000
MLS#
1356143
Status
ACTIVE
Type
Single Family Residential
City
Knoxville
County
Knox
Bedrooms
3
Bathrooms
2
Baths Full
2
Living Area
1,104
Lot Size
85,377
Year Built
1970
DOM
0

Property Description

PRIME Karns Area Investment Opportunity -- 6101 Ball Rd, West Knoxville 3 Bedrooms | 2 Full Bathrooms | 1.96 Acres | Additional Adjoining .4 acres Vacant Lot with some existing utilities ran into the lot| 30' x 40' Workshop with regular door entry and sliding shop door | $2,300/Month Current Rent. (seller is willing to negotiate selling fully furnished) Rare opportunity in the highly sought-after Karns area of West Knoxville! This property offers a unique combination of an updated home, acreage, an additional adjoining vacant .4 acre lot (3410/3412 Zion Ln) , a large detached workshop, established rental income, and potential future development opportunities. The 3-bedroom, 2-full-bath home was fully updated approximately 4 years ago, including new electrical, central heat and air, and a new roof. The home is also heavily insulated with spray-in foam and features a wood-burning fireplace. A major bonus is the 30' x 40' detached workshop, which also features a wood-burning fireplace and provides substantial space for a workshop, hobbies, equipment, storage, or other potential uses. The property currently sits on approximately 1.96 acres and includes an additional separate vacant lot adjoining the back of the property. Utilities have already been run into the additional lot, adding significant potential value for a future owner. Investment & Development Potential The property is currently rented for $2,300 per month and has been continuously rented for approximately 3 years, providing an established rental history and immediate income potential. The property is zoned PR, allowing for up to 4 units per acre, sewer is available at the street, subject to applicable planning, zoning, permitting, and development requirements. This creates potential for future development or additional residential use, subject to approval by the appropriate planning authorities. Property Features 6101 Ball Rd, West Knoxville Highly sought-after Karns area 3 bedrooms 2 full bathrooms Approximately 1.96 acres Additional separate vacant lot adjoining the rear of the property Utilities already run into additional lot PR zoning Zoning allows up to 4 units per acre, subject to planning and applicable approvals Home fully updated approximately 4 years ago New electrical Central heat & air New roof Extensive spray-foam insulation in walls and ceiling/ has bat insulation over spray foam. (heavily insulated) Wood-burning fireplace in home 30' x 40' detached workshop Wood-burning fireplace in workshop Currently rented for $2,300/month Approximately 3 years of established rental history Potential residential development opportunity, subject to planning and permitting Whether you're looking for an income-producing property, additional land, a large workshop, or future development potential, 6101 Ball Rd offers a combination that is increasingly difficult to find in West Knoxville's Karns area. Buyer to verify all zoning, acreage, utilities, development potential, permitted uses, and planning requirements with the appropriate authorities.

Additional Information

Acres
1.96
Appliances
Dishwasher, Range, Refrigerator, Washer, Dryer
Construction
Frame, Vinyl Siding
Cooling
Ceiling Fan(s), Central Air
Fireplace
Yes
Floors
Tile, Hardwood, Luxury Vinyl Plank
Garage
Detached, Off Street
Living Area
1,104
Lot Description
Private
Style
Traditional
View
Country Setting, Other
Year Built
1970
Heating
Central, Electric
Num Of Rooms
5
Fireplaces
2
Hoa
No
Water
Public
Sewer
Septic Tank

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Calculator source: Real Geeks

Agent: Shelia Mayes |

Office: United Real Estate Solutions |