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Public Remarks: This property offers a unique blend of historic charm and modern convenience, located in one of Knoxville's most desirable districts. Whether you're a seasoned investor or looking to start your portfolio, 605 Gill Avenue provides an excellent opportunity to own a piece of Knoxville's history while generating steady rental income. Property Overview: Historic 4th and Gill District, near Downtown Knoxville 4 Plex | 3,164 sq ft (2) Downstairs units: 1-Bedroom Units (under 12 mo leases) (2) Upstairs units: 1 bed 1 bath w/ washer & dryer connection (Unoccupied) and 1 bed 1 bath - both vacant share an upstairs Balcony Convenient parking options include Off-Street Parking, On-Premise Parking, and On-Street Parking. Plenty of room to create a parking pad in the rear of the property. Roof is 14 years old. Owner has replaced water heaters and AC units in 2023.
From West Knoxville: take I-40 East to Exit 389 - Hall of Fame Drive. Keep right at the fork merge onto HOF DR go 1/4 mile turn Right onto Gill Ave. 605 Gill will be on the right side of the road
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!