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!

5732&5734 Woodleaf Drive, Knoxville, 37912

Priced At: $485,000

Property Details for ID: 1291567

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SqFt: 2,492
Price SqFt: $195
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2025-03-01T11:00:53Z
Subdivision: Orchard Hills

Public Remarks: Welcome to this charming duplex located in the heart of Knoxville! This property is perfect for investors or homeowners looking to offset their mortgage with rental income. This duplex offers an excellent investment opportunity with the fully furnished units. The current setup has received great reviews on rental platforms and maintains a good occupancy rate located in Knox County not the city! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. The units are currently occupied, by long-term tenant in 3734 at $2000/Mth, Mid Term Tenant in 3732 at $2200/Mth. Each side could be rented Short Term for up to $5,000 a month. Both sides are FULLY FURNISHED for Air Bnb. Please do not disturb tenants. Move in ready, duplex, convenient to restaurants, shopping, and the interstate. Both properties include an spacious patio, one side is fenced with carport and workshop. Each unit has 2 Bedrooms and 2 1/2 Bathrooms, features include kitchen, eat in dining room, pantry/laundry room, living room, and half bath downstairs, Upstairs has 2 Bedrooms with en suite, perfect privacy great for any type of living situation. Abundance of extras Fully Furnished with Furniture, Decor, Linen, Tv's, Kitchen everything, everything you would need for a short term rental. Exterior is Brick/Vinyl for very low maintence. If you're seeking a versatile investment opportunity with a residence with immediate rental income, this property is a prime choice in a growing market. Great starter investment if you want to occupy one side you may qualify for FHA loan with very favorable low down payment and terms.

Schools Information

Elementary School: Sterchi
Middle / Junior School: Gresham
High School: Central

Building Description

Year Built: 1974
SqFt (Total): 2,492
Sub-Type: Duplex
Sale Includes: All Furnishings, Building and Land
Unit Type(s): 2 Bedroom Unit, Townhouse

  Exterior Features

Features: Fence - Chain, Patio, Windows - Vinyl
Construction: Block, Frame - Brick
Siding: Brick, Vinyl

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Vinyl
Other Rooms: Other
Misc Features: Drapes, Internet Available, Pantry, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, VA Loan
Gross Annual Income: 46,239
Annual Operating Expenses: 9,076
Net Operating Income: 37,163

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Carport, Off-Street Parking, On Premise Parking

  Community Features

Outbuildings


Presented By: / Platinum Realty Group

Up Coming Open Houses

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

Directions

I 75 to Merchants, Merchants/Cedar Lane, to Left on Haynes Sterchi Rd, Left on Chesterwood, to Left on Woodleaf duplex is on the top right at the cul de sac.



Your commute

( Departing today at 8:00am )


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