Pat McCollum Can Help You Purchase This Unit

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!

Fountain View Way, Knoxville, 37918

Priced At: $2,600,000

Property Details for ID: 1280322

Contact Us Schedule Showing Text Flyer Email Flyer

SqFt: 17,184
Price SqFt: $151
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2024-12-11T17:20:32Z
Subdivision: Cottages at Harvest Towne

Public Remarks: 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!

Schools Information

Elementary School: Fountain City
Middle / Junior School: Gresham
High School: Central

Building Description

Year Built: 2008
SqFt (Total): 17,184
Sub-Type: Other
Sale Includes: All Furnishings, Other
Unit Type(s): 2 Bedroom Unit, Townhouse

  Exterior Features

Features: Cable Available (TV Only), Fence - Wood, Fenced - Yard, Patio, Windows - Insulated
Construction: Frame - Brick
Siding: Brick, Stone, Vinyl

  Appliances

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

  Room Dimensions

  Interior Features

Floors: Laminate, Tile
Other Rooms: Family Room
Misc Features: Internet Available, Island in Kitchen, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional
Gross Annual Income: 247,752
Annual Operating Expenses: 92,940
Net Operating Income: 154,812

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Attached, Garage Door Opener, Individual Garages, 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

North on I-75 to East on I-640. Take Broadway exit. Turn Left/North onto Broadway. Turn Right/East onto Sanders Drive. Turn Left onto Fountain View Way



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

Listing Id: (Click to View)
List Price:
Full Baths:
Half Baths:
Total Beds:
Total SqFt:
Address:
Public Remarks:


Mortgage Calculator

Loan Amount (80% of list price)

$

Term (in years)?

What will be the interest rate?

%


Instructions: Enter numbers and decimal points. No commas or other characters.



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.

Four Reasons to Use Pat McCollum

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!

You Are Valued

We recognize that we are partners with our clients and as such, we strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, we already have a network of qualified purchasers looking for the right home or property.

On-Time Guarantee

From showings to closing; we know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.