1203 Fair Drive, Knoxville, TN 37912
- Sqft
- 2,250
View property features, location on map, relevant school information and overview from seller's agent.
- 1
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Overview
Fully renovated in 2023, this turn-key four-plex features four 1-bedroom, 1-bathroom units—each currently rented at $995/month with significant upside potential. Market rents in the area support $1,100-$1,200/month, offering a 10-20% lift for the next investor.
Major upgrades include a new roof, energy-efficient windows, and full bathroom remodels in all units. Kitchens have been refreshed with new countertops, and two of the four units feature updated ranges. Each unit is equipped with a refrigerator and range.
Additional improvements include:
Fresh paint throughout all interiors
All-new flooring in both downstairs units, with updated kitchen flooring in the upstairs units
Two new HVAC wall units installed in the lower units, along with upgraded electrical
New stair landing and exterior railings for added safety and curb appeal
With all units move-in ready and below-market rents, this is an excellent opportunity for immediate cash flow and long-term appreciation. Schedule a showing today and add this stabilized asset to your portfolio
Location
Full feature list
Basic info
- Square feet
- 2,250
- Lot size (acres)
- 0.34
- Year built
- 1968
Utilities
- Heating
- Other, Electric
- Cooling
- Window unit(s)
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: East Tennessee Realtors MLS®#: 1305986 Last checked: …
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