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Fountain View Way
Knoxville TN 37918 US

$2,600,000

Active Listing ID 1280322
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$2,600,000

Active Listing ID 1280322
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Fountain View Way Elevate your portfolio with this top-tier investment in 12 well-maintained townhome condo units. Each unit is 1400+ Sq. Ft. of living space and offers two bedrooms with full, en-suite bathrooms, a main level guest bathroom, spacious kitchen, in-unit laundry, one-car garage, and backyard patio with privacy fence enclosures. Built in 2008, with a tasteful mix of brick, stone, and vinyl siding, level driveways and yards, additional on-street parking, and beautiful landscaping, the property is as functional as it is attractive. Units are located near retail centers and the interstate, providing convenience and short commutes to tenants. Professionally managed, with low HOA fees, and a history of low vacancy rates. HOA covers lawncare and landscape expense, exterior building maintenance, and trash removal. Tenants are responsible for utility costs, ensuring low and predictable operating costs. Held by the same owner since 2015, these properties are a testament to quality and reliability. With value add potential to boot, take advantage of this exceptional opportunity poised for growth!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Windows - Insulated, Patio, Cable Available (tv Only), Fence - Wood, Fenced - Yard
  • Floor Covering: Laminate, Tile
  • Heating Fuels: Central Furnace
  • Additional Features
  • Patio

School Information

  • School
  • Fountain City(Elementary)
  • Gresham(MiddleSchool)
  • Central(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2600000
  • unparsedaddress: Fountain View Way
  • postalcity: Knoxville
  • stateorprovince: TN
  • country: US
  • postalcode: 37918
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 17184
  • livingareaunits: Square Feet
  • latitude: 36.026756
  • longitude: -83.926027
  • listagentfullname: Ryan Fogarty
  • listagentemail: ryanfogarty@realtyexecutives.com
  • listagentkey: 3yd-KAARMLSTN-315022
  • listagentmlsid: 315022
  • listagentpreferredphone: 8656933232
  • listagentofficephone: 8656933232
  • listofficekey: 3yd-KAARMLSTN-o131
  • listofficemlsid: o131
  • disclaimer: Copyright © 2024 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 2008
  • listingcontractdate: 2024-10-23
  • listagenturl: http://realtyexecutivesknoxville.com
  • countyorparish: Knox County - 1
  • parcelnumber: 058MA01701B
  • elementaryschool: Fountain City
  • highschool: Central
  • appliances: Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • constructionmaterials: Brick, Stone, Vinyl Siding
  • flooring: Laminate, Tile
  • heating: Central Furnace
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • franchiseaffiliation: Realty Executives International
  • interiorfeatures: Island In Kitchen
  • exteriorfeatures: Windows - Insulated, Patio, Cable Available (tv Only), Fence - Wood, Fenced - Yard
  • architecturalstyle: Other
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.926025, 36.026756
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty Executives Associates", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ryanfogarty@realtyexecutives.com", "ListBrokerageCity":"knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"stevefogarty@realtyexecutives.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KAARMLSTN/c5ababc3218278ea0121828494120017/20090527121859597.pjpeg", "ListBrokerageName":"Realty Executives Associates", "ListBrokeragePhone":"(865) 693-3232", "ListBrokeragePostalCode":"37922", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10255 Kingston Pike", "ListBrokerageWebsiteUrl":"http://realtyexecutivesknoxville.com", "ListOfficeAddress1":"10255 Kingston Pike", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3000", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"stevefogarty@realtyexecutives.com", "ListOfficePostalCode":"37922", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Knoxville, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4808-Fountain-View-Way_Knoxville_TN_37918_M70118-27065?f=listhub&s=KAARMLSTN&m=1280322&c=rexren", "MLSModificationTimestamp":"2024-12-11T12:22:16Z", "Neighborhoods":[{"Description":null, "Name":"Knox County - 1"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":33702.94, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/11/2024 7:07:59 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Ryan Fogarty, Realty Executives Associates, ryanfogarty@realtyexecutives.com

Copyright © 2024 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.