Active

Fountain View Way

Knoxville TN, 37918

$2,600,000


$151.30 per sqft

Active

17,184 sqft

Multi-family

Built in 2008

Elevate your portfolio with this top-tier investment in 12 well-maintained townhome condo units. Each unit is 1400+ Sq. Ft. of living space and offers two bedrooms with full, en-suite bathrooms, a main level guest bathroom, spacious kitchen, in-unit laundry, one-car garage, and backyard patio with privacy fence enclosures. Built in 2008, with a tasteful mix of brick, stone, and vinyl siding, level driveways and yards, additional on-street parking, and beautiful landscaping, the property is as functional as it is attractive. Units are located near retail centers and the interstate, providing convenience and short commutes to tenants.

Professionally managed, with low HOA fees, and a history of low vacancy rates. HOA covers lawncare and landscape expense, exterior building maintenance, and trash removal. Tenants are responsible for utility costs, ensuring low and predictable operating costs. Held by the same owner since 2015, these properties are a testament to quality and reliability. With value add potential to boot, take advantage of this exceptional opportunity poised for growth!

1280322

MLS ID

December 11, 2024

Listed

December 16, 2024

Updated

Map

Fountain View Way
Knoxville TN, 37918

Interior Features

Interior Features

Island in Kitchen


Appliances

Dishwasher, Disposal, Microwave, Range, Refrigerator, Smoke Detector


Floor Description

Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Cooling, Ceiling Fan(s)


Heating

Yes


Heating Description

Central, Natural Gas, Electric

Exterior/Building Features

Exterior Features

Windows - Insulated, Patio, Cable Available (TV Only), Fence - Wood, Fenced - Yard

School Information

High School

Central


Elementary School

Fountain City

Other Property Details

Area Name

Knox County - 1


Garage

Yes


Garage Spaces

1


Parking

On Premise Parking, Individual Garages, Attached, Garage Door Opener


View

No


County

Knox County - 1


Pool

No

Listing History

Date

Event

Price

12/11/2024

Price change

$2,600,000

8%

12/11/2024

Active

10/28/2024

Pending

 

Courtesy of Realty Executives Associates, Ryan Fogarty

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Krista Freshour shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Knoxville Area Association of REALTORS. All rights reserved.

Data last updated 8:20 PM UTC, 12/16/2024

 

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