Pat McCollum Can Help You Purchase This Unit

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2506 Legion Drive, Knoxville, 37920

Priced At: $399,900

Property Details for ID: 1276464

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SqFt: 1,800
Price SqFt: $222
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2024-09-13T20:52:40Z

Public Remarks: Incredible multi-family investment opportunity in South Knoxville! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. Priced to sell, this converted three-unit property is a unique find in today's market. The units are currently occupied by long-term tenants who would love to stay. Each unit is equipped with essential appliances, including stoves, refrigerators, and combo heat/air units (PTACs). Pictured is the renovated 1 bedroom/1 bathroom. The two-bedroom units offer washer/dryer connections conveniently located on the rear porch. The seller covers water, as the property is on septic, while tenants are responsible for electric. Septic lines were completely replaced in 2023. There is an easement in place for the shared driveway with the neighboring property at 2512 Legion. Don't miss out on this incredible investment opportunity to cash flow immediately! Contact the listing agent directly to schedule your showing today.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1950
SqFt (Total): 1,800
Sub-Type: Triplex
Sale Includes: Building and Land
Unit Type(s): 1 Bedroom Unit, 2 Bedroom Unit

  Exterior Features

Construction: Frame
Siding: Cement

  Appliances

Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Carpet, Hardwood, Tile, Vinyl
Other Rooms: Other
Misc Features: Internet Available

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Call Listing Agent, Cash, Conventional, New Loan
Gross Annual Income: 32,700

  HOA Information

Restrictions: No

Heating & Cooling

Cooling Type(s): Other
Heat Type(s): Other

Garage / Parking

On Premise Parking

  Community Features

Outbuildings


Presented By: / Realty Executives Associates

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Alcoa Hwy from downtown take first exit. Continue on access road to Maloney. Turn left and cross over Alcoa Hwy. At Belt Rd turn left. Almost immediately turn right onto Legion Dr. Just past stop sign at Shaler, property will be on the right. Shares common driveway with 2512 Legion.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

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