2201 Lake Ave Unit 108, Knoxville, TN 37916

$500,000
3
BD
2
BA
1,080
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$500,000
Status
ACTIVE
Days on Market
15
MLS#
1353856
Subtype
Residential
Style
Other
Year Built
1995
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,080
Acres
0.01
Subdivision
St Christopher Sq Condo Com Elem 4.16% U

Property Description

GREAT LOCATION! NEXT TO CAMPUS! Incredible investment opportunity located just steps from the University of Tennessee campus. This first-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all. The light-filled end unit with a charming bay window. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes washer and dryer, and two designated parking spaces. Currently leased through July 31, 2027, this condo provides immediate income potential for investors. Current rent is $3000 per month. The HOA covers water, internet, trash, grounds maintenance, and more--offering a low-maintenance lifestyle in one of Knoxville's most desirable rental zones. Located just one block off Cumberland Avenue, residents have walkable access to campus, restaurants, shopping, and UT sporting events. Whether you're an investor, parent seeking housing for your UT student, or looking for a turnkey rental, this is an opportunity you don't want to miss. Currently occupied. Must have 24 hour notice for any showings.

Additional Information

Interior Features
Breakfast Bar, Pantry, Walk-In Closet(s)
Exterior Features
Balcony
HOA Freqency
Monthly
Property Description
Other
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Heating
Central, Electric
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Block, Brick
View
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Suzanne Moll of University Real Estate & Property Mgmt., LLC.

Agent: Suzanne Moll |

Office: University Real Estate & Property Mgmt., LLC |