2506 Legion DR Active

Knoxville,TN 37920

$ 399900

- Bed

0 Bath

1800 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $222

MLS Listing ID 1276464

Originating Board East Tennessee REALTORS® MLS

Year Built 1950

Lot Dimensions 145X231XIRREG

Property Description

Incredible multi-family investment opportunity in South Knoxville! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. Priced to sell, this converted three-unit property is a unique find in today's market. The units are currently occupied by long-term tenants who would love to stay. Each unit is equipped with essential appliances, including stoves, refrigerators, and combo heat/air units (PTACs). Pictured is the renovated 1 bedroom/1 bathroom. The two-bedroom units offer washer/dryer connections conveniently located on the rear porch. The seller covers water, as the property is on septic, while tenants are responsible for electric. Septic lines were completely replaced in 2023. There is an easement in place for the shared driveway with the neighboring property at 2512 Legion. Don't miss out on this incredible investment opportunity to cash flow immediately! Contact the listing agent directly to schedule your showing today.

Location

State TN

County Knox County - 1

Rooms

Other Rooms Other

Interior

Heating Other,Electric

Cooling Other

Flooring Hardwood,Carpet,Vinyl,Other,Tile

Appliance Range,Refrigerator

Heat Source Other,Electric

Exterior

Garage On Premise Parking

Garage Description On Premise Parking

Roof Type Metal

Garage No

Building

Faces Alcoa Hwy from downtown take first exit. Continue on access road to Maloney. Turn left and cross over Alcoa Hwy. At Belt Rd turn left. Almost immediately turn right onto Legion Dr. Just past stop sign at Shaler, property will be on the right. Shares common driveway with 2512 Legion.

Structure Type Cement Siding,Frame

Others

Restrictions No

Tax ID 122NB010

Energy Description Electric

Acceptable Financing Call Listing Agent,New Loan,Cash,Conventional

Listing Terms Call Listing Agent,New Loan,Cash,Conventional

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