1307 Forest Avenue, Knoxville, Tennessee 37916

Sale Information

Asking Price: $406,000

Building Size: 1,685 SQ FT

Lot Size: 7405

Cost per Square Foot: $240.95

Property Overview

This eight bedroom, five bathroom triplex offers a prime location in Fort Sanders and would make for a great student housing opportunity. Two, or potentially all, of the units will soon be vacant but with strong surrounding rental rates and previous rental rates for the subject property, there is large upside given the lack of similar investment properties in and around campus. Each unit within the home has recently been renovated and those renovations include new paint, floors, doors, HV/AC, heater, refrigerator, and more. The tenants are responsible for all utilities. Triplex 8 Beds - 5 Bath 1) 3BR/2BA 2) 1BR/1BA 3) 4BR/2BA

Built: 1930

Property Details

Key Points: Conveniently located Great student housing opportunity Recently renovated Within walking distance to campus Strong rental rates

Broker Information

SVN | Wood Properties
Drew Staten

brandi.haun@svn.com

svnwood.com

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