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5525 Jacksboro Pike, Knoxville, TN 37918

$1,850,000
  • 5525 Jacksboro Pike, Knoxville, TN 37918 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET13,728 MLS#1354678
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

RARE FOUNTAIN CITY 17 UNIT COMPLEX - ALL BRICK - PRICED AT TAX APPRAISALHillside Apartments is professionally managed by Brun Property Management, enjoys just one vacancy and has an excellent unit mix of 16 two bedroom units and 1 one bedroom unit. Upgrades include new windows, fresh paint and HVAC's replaced as needed. There is still over 15% in rental upside and Hillside is priced to sell at Knoxville's recent tax appraisal. This complex enjoys a convenient north Knox location in Fountain City. Fountain City is a bustling suburb of Knoxville with an abundance of local dining options, grocery stores, parks and the famous ''duck pond''. Fountain City has a uniquely neighborhood feeling while offering easy access to bus lines, I-40, I-75, downtown Knoxville, Covenant Baseball Stadium & the University of TN. With at least 15% in rental upside, a great unit mix and terrific location, Hillside Apartments offers an excellent value add investment. No sign on property. Please do not disturb residents. All showings by appointment only.

5525 Jacksboro Pike | MLS# 1354678

This multi-family property located at 5525 Jacksboro Pike, Knoxville, TN 37918 is currently listed for sale with an asking price of $1,850,000. Search Knoxville real estate on www.franklinrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric
Heating: Central, Electric
Lot Size: 0.62 Acres
Year Built: 1976

Amenities

Windows - Vinyl

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Days on Site: 2
Exterior: Brick
Flooring: Carpet, Vinyl, Tile
Lot Dimensions: 239x172x228x113
Parcel #: 048MJ006
Parking: On Premise Parking
SQFT Total: 13728
Units: 17

Listed By / Shown By

Listed By

Agency Name: Goldman Partners Realty, LLC

Shown By

Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660

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Estimated Payment

$ 11,882.04 per month $11,342.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $539.58 Homeowner's Insurance

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