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1923 McCalla Ave Knoxville, TN 37915
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Key Details
Sold Price $300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,119 sqft
Price per Sqft $49
Subdivision John S Vangilders Pt 12
MLS Listing ID 2093577
Sold Date 02/19/20
Year Built 1930
Annual Tax Amount $4,023
Lot Dimensions .63
Property Description
9 Units with management in place. Property is two contiguous parcels 1923&1925 McCalla Ave. 2019 Gross income of $49,533 YTD NOI of $33,170 (based on YTD). Full Financials available upon request after proof of ability. Projected Cap rate under current performance of 9.5%. Great opportunity for value add in vacancy and expenses. New roof approx 3 years ago - 5 out of 9 units completely remodeled. Do not visit property without agent present. Do not disturb Tenants.
Location
State TN
County Knox County
Zoning unknown
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Finished Wood, Laminate, Tile
Fireplace N
Exterior
Waterfront false
View Y/N false
Parking Type Gravel, Parking Lot, Unassigned
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
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