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Roy Nicaud

roy.nicaud@gmail.com +1(865) 414-4162

$ 260,000

Est. payment -/mo

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Price Dropped by $5K

123 Springdale Ave Knoxville, TN 37917

1,956 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,956 sqft

Price per Sqft $132

Subdivision Oakwood C B Atkins Add

MLS Listing ID 1346324

Year Built 1915

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50 X 145

Source East Tennessee REALTORS® MLS

Property Description

Not just a house. This is a money making business! This exceptional multi-family property, zoned for commercial use, presents a charming historic residence situated just outside the lively Happy Holler district. It represents an excellent investment opportunity, benefiting from a prime location with convenient access to local amenities. Although the apartment units currently require some repairs, cleaning, and modernization, they offer significant potential for value-added renovation. The property includes a spacious, unfinished fourth unit on the upper floor, which could be completed to generate additional income. Each dwelling is equipped with its own electric meter for independent utility management. The first-floor apartments currently command a monthly rent of $1200 each, while the upstairs unit rents for $1000. Tenants are responsible for all utility costs. Recent enhancements include a newer roof. The property is set on a generous lot, featuring an outdoor storage building and rear access from the back street, which provides convenient off-street parking.

Location

State TN

County Knox County - 1

Area 7231.0

Rooms

Other Rooms Bedroom Main Level

Interior

Heating Heat Pump, Natural Gas, Electric

Cooling Central Cooling

Flooring Vinyl

Window Features Windows - Storm,Windows - Aluminum

Heat Source Heat Pump, Natural Gas, Electric

Exterior

Exterior Feature Windows - Storm, Porch - Covered, Shed, Windows - Aluminum

Parking Features On-Street Parking, On Premise Parking

Garage Description On-Street Parking, On Premise Parking

Roof Type Shingle

Garage No

Building

Faces Keep left at Interstate Highway 40 E/I-40 E toward Knoxville Keep right Take exit 1B on the right onto W Woodland Ave NW toward Oldham Ave Turn right onto W Woodland Ave Turn left onto N Central St Turn right onto E Springdale Ave. 2nd house on left. You have arrived at 123 E Springdale Ave. Your destination is on the left, Sign in yard

Additional Building Shed

Structure Type Vinyl Siding,Block,Frame

Schools

Elementary Schools Christenberry

Middle Schools Whittle Springs

High Schools Fulton

Others

Restrictions Yes

Tax ID 081FS024

Energy Description Electric, Gas(Natural)

Acceptable Financing New Loan, Cash

Listing Terms New Loan, Cash

Listed by The Real Estate Firm, Inc.

Roy Nicaud

Agent License ID: 336013

+1(865) 414-4162

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Roy Nicaud

123 Springdale Ave Knoxville, TN 37917

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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123 Springdale Ave