5200 Devonbrook Way, Knoxville, TN 37918

$1,500,000
Property Type: Multi-Family Square Footage: 1,080 Status: Closed
Current Price: $1,500,000 List Date: 8/14/2023 Last Modified: 10/12/2023

Overview

Description

8 Unit Condos. 4 Buildings. Great locations with long term rental record. All 2 Bedroom, 2 Bath units 1080 SF per. Front covered porch and Rear Covered porch with plenty of extra storage. Great investment, can be resold as individual units.

Listing Details MLS# 1236502

Location Tax Legal Info

House #
5200
Street Name
Devonbrook
St Suffix
Way
State/Province
TN
Zip Code
37918
PIN #
049ca001
Subdivision
Pebblestone Condos

Contract Info

Auction Y/N
No
Listing Price
1800000

General Property Description

SqFt – Total (Aprox)
1080
Lot Dimensions
455x125x511x269
Number of Units
8
# Units Leased
8
Year Built
2006
Property Status
N/A
Driveway
Parking in front
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2023-09-11
Under Contract Date
2023-08-23
Sold Date
2023-09-08

IncomeExpenses

Net Operating Income
102900

Location, Tax & Legal Info

Area
Knox County – 1
Community
Fountain City
City/County Code
County
Elementary School
Shannondale
Middle School
Gresham
Total Tax
0
High School
Central

More Information

Remarks & Misc

Directions
I-640 to Tazewell Pike exit ti Tazewell Pike. Left in to Devon brook Way, just before Murphy Road
Public Remarks
8 Unit Condos. 4 Buildings. Great locations with long term rental record. All 2 Bedroom, 2 Bath units 1080 SF per. Front covered porch and Rear Covered porch with plenty of extra storage. Great investment, can be resold as individual units.

Income/Expenses

Gross Annual Income
110400
Annual Oper Expenses
7500

Property Sub-Type

Duplex
Yes
Other
Yes

Construction

Frame – Brick
Yes

Type of Units

2 Bedroom Unit
Yes

Siding

Brick
Yes
Vinyl
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Porch
Yes
TV Cable Available
Yes
Utility Room
Yes
Washer/Dryer Cnctns
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Laminate
Yes
Tile
Yes

Garage/Parking

Off-Street Parking
Yes
On Premise Parking
Yes

Tenant Expenses

Cooling
Yes
Electricity
Yes
Heating
Yes
Sewer
Yes
Tenant Pays All Util
Yes
Trash Collection
Yes
Water
Yes

Owner Expenses

Advertising
Yes
Exterior Maintenance
Yes
HVAC Maintenance
Yes
Insurance
Yes
Janitorial Service
Yes
Lawn Maintenance
Yes
Roof Maintenance
Yes
Taxes
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

Heat

Central
Yes
Heat Pump
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Other Rooms

Other
Yes

Roof

Asphalt
Yes
Shingle
Yes

Exterior Features

Deck
Yes
Doors – Energy Star
Yes
Porch – Covered
Yes
Prof Landscaped
Yes
Shed
Yes
Windows – Vinyl
Yes

Misc Features

Pantry
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Duplex; Other Type of Units: 2 Bedroom Unit Sale Includes: Building and Land Floors: Carpet; Laminate; Tile Tenant Expenses: Electricity; Sewer; Tenant Pays All Util; Trash Collection; Water Owner Expenses: Advertising; Exterior Maintenance; HVAC Maintenance; Insurance; Janitorial Service; Lawn Maintenance; Roof Maintenance; Taxes Fuel: Electric; Gas (Natural) Heat: Central; Heat Pump Cooling: Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector Construction: Frame – Brick Roof: Asphalt; Shingle Siding: Brick; Vinyl Exterior Features: Deck; Doors – Energy Star; Porch – Covered; Prof Landscaped; Shed; Windows – Vinyl Misc Features: Pantry; Walk-In Closet(s); Washer/Dryer Connect Other Rooms: Other Miscellaneous: Porch; TV Cable Available; Utility Room; Washer/Dryer Cnctns New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: Realty Executives Associates
IDX
Office Phone: 865-688-3232
Last Updated: October – 12 – 2023
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.