2201 Lake Ave Unit 108, Knoxville, TN 37916

$500,000
3
BD
2
BA
1,080
SqFt

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List Price
$500,000
MLS#
1353856
Status
ACTIVE
Type
Condo
City
Knoxville
County
Knox
Bedrooms
3
Bathrooms
2
Living Area
1,080
Year Built
1995

Property Description

GREAT LOCATION! NEXT TO CAMPUS! Incredible investment opportunity located just steps from the University of Tennessee campus. This first-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all. The light-filled end unit with a charming bay window. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes washer and dryer, and two designated parking spaces. Currently leased through July 31, 2027, this condo provides immediate income potential for investors. Current rent is $3000 per month. The HOA covers water, internet, trash, grounds maintenance, and more--offering a low-maintenance lifestyle in one of Knoxville's most desirable rental zones. Located just one block off Cumberland Avenue, residents have walkable access to campus, restaurants, shopping, and UT sporting events. Whether you're an investor, parent seeking housing for your UT student, or looking for a turnkey rental, this is an opportunity you don't want to miss. Currently occupied. Must have 24 hour notice for any showings.

Additional Information

Acres
0.01
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Construction
Block, Brick
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Balcony
Floors
Carpet, Laminate, Vinyl
Garage
Carport, Assigned
Living Area
1,080
Lot Description
Corner Lot
Style
Other
Subdivision
St Christopher Sq Condo Com Elem 4.16% U
View
Other
Year Built
1995
Hoa Fees
$275
Hoa Freq
Monthly
Association Fee Incl
Association Ins, Water, Building Exterior, Grounds Maintenance, Pest Control, Trash, Some Amenities, Fire Protection, Sewer
Water
Public
Sewer
Public Sewer
Unit
108
Heating
Central, Electric
Num Of Rooms
6
Hoa
Mandatory

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Calculator source: Real Geeks

Listing courtesy of University Real Estate & Property Mgmt., LLC.

Agent: Suzanne Moll |

Office: University Real Estate & Property Mgmt., LLC |