2728 Davenport Rd, Knoxville, TN 37920

$1,250,000
Property Type: Multi-Family Square Footage: 10,128 Lot Size (sq. ft.): 34,669 Status: Closed
Current Price: $1,250,000 List Date: 2/05/2023 Last Modified: 8/14/2023

Overview

Description

SOUTH KNOX OPPORTUNITY - HUGE CORNER LOT - 7 CAP! Rare opportunity in the hot South Knox waterfront market, just blocks from the Urban Wilderness, Ijams, Suttrees waterfront park, University of TN & downtown Knoxville. Property consists of two buildings. First one built in 1915. Second one built in 1976. One unit is being kept vacant for ease of showing and one unit is in need of a complete rehab includind kitchen and bathroom.

Listing Details MLS# 1217315

Location Tax Legal Info

House #
2728
Street Name
Davenport
St Suffix
Rd
State/Province
TN
Zip Code
37920
PIN #
109BH022

Contract Info

Auction Y/N
No
Listing Price
1350000

General Property Description

SqFt - Total (Aprox)
10128
Lot Dimensions
150x250xirreg
Lot Size SqFt
34669
Number of Units
16
# Units Leased
14
Utilities/Mo Avg
1000
Year Built
1915
Property Status
N/A
Driveway
Paved
Lease Information
15 One Bedroom Units $625-$975 1 Two Bedroom Unit $950

Status Change Info

Status Change Date
2023-05-11
Under Contract Date
2023-02-06
Sold Date
2023-05-11

IncomeExpenses

Net Operating Income
96675

More Information

Property Features

Property Sub-Type: Apartment Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; Garden; Unfurnished Sale Includes: Building and Land Floors: Tile; Vinyl; Other Tenant Expenses: Electricity Owner Expenses: Insurance; Sewer; Taxes; Trash Collection; Water Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Range; Refrigerator Construction: Frame; Other Roof: Metal Siding: Stucco Exterior Features: Balcony; Patio Misc Features: None Other Rooms: Other Miscellaneous: Balcony New Financing: Cash; New Loan Showing: See Agent Instructns
IDX
Listing Office: Goldman Partners Realty, LLC
Last Updated: August - 14 - 2023
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