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101 College Park LN Knoxville, TN 37918
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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision W S Mcfadden Prop & Parcel
MLS Listing ID 1132869
Sold Date 03/31/21
Originating Board East Tennessee REALTORS® MLS
Year Built 1970
Lot Dimensions 112x184x134x224x228x218
Property Description
26 units in the heart of the Fountain City community of Knoxville. The Evergreen Apartments are all brick and in very good condition. The current owner/manager says the property is easily kept rented since it is close to shopping, access to I-640 and all (but one) unit has washer/dryer connections and most come with a stacked washer/dryer unit.
There are two buildings built in 1970 & 1972. However, in 2015, the rear building suffered a fire. Reconstruction was completed in 2016 including a roof. The interiors of the 11 units were completely redone, taken down to only the perimeter studs. All new plumbing, electric and fixtures were installed. one unit and a storage room were added as ground up construction. The roof on the rear building was new in 2016. The roof on the front building was replaced in 2011.
Heat is supplied by baseboard and/or ceiling heat. Air conditioning by through-wall units in the bedrooms. Residents pay their own electric. Landlord pays water & sewer.
The property is adjacent to Gresham Middle school and walking distance to Fountain City Elementary. It is only 0.4 miles from the KAT bus route on Broadway.
No sign on property. Please do not disturb the tenants. All showings by appointment only. Call agent to show.
Location
State TN
County Knox County - 1
Rooms
Other Rooms Other
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Appliance Smoke Detector, Refrigerator
Heat Source Baseboard, Electric
Exterior
Garage On Premise Parking
Garage Description On Premise Parking
Roof Type Shingle
Parking Type On Premise Parking
Garage No
Building
Faces From I640, take Exit 6 for U.S. 441 toward Broadway and take Broadway north toward Fountain City. Turn left onto Church St after approximately 1.3 miles. Then turn right onto Fountain Rd, take another right onto College Park Ln. Destination will be on the right.
Structure Type Brick
Others
Tax ID 058CF013
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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