2930 Magnolia Ave Pending

Knoxville,TN 37914

$ 599000

- Bed

0 Bath

9120 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 9,120 sqft

Price per Sqft $65

Subdivision Lake Park Springs

MLS Listing ID 1276758

Originating Board East Tennessee REALTORS® MLS

Year Built 1970

Lot Dimensions 50 X 165.6 X IRR

Property Description

8-unit value-add multifamily investment at 2930 E Magnolia, Knoxville, TN!! Just minutes from the new Smokies Baseball Stadium, this property is positioned to benefit from area growth and demand. East Magnolia is seeing streetscape improvements, boosting curb appeal and walkability. Close to the University of Tennessee, downtown, and attractions like Chilhowee Park and the Knoxville Zoo, this property offers strong tenant demand potential. Investors have the chance to add value and maximize returns in this growing area.

Location

State TN

County Knox County - 1

Rooms

Other Rooms Other

Interior

Heating Central,Other

Cooling Central Cooling

Flooring Vinyl

Heat Source Central,Other

Exterior

Garage On Premise Parking,Off-Street Parking

Garage Description Off-Street Parking, On Premise Parking

Roof Type Shingle

Parking Type On Premise Parking,Off-Street Parking

Garage No

Building

Faces Traveling East on I-40 exit Cherry St. Turn right onto Cherry St, then left onto Magnolia Ave. Property is on the right.

Structure Type Brick

Schools

Elementary Schools Sarah M Greene/Magnet

Middle Schools Vine/Magnet

High Schools Austin East/Magnet

Others

Tax ID 082FN005

Energy Description Other Fuel

Acceptable Financing New Loan,Cash,Conventional

Listing Terms New Loan,Cash,Conventional

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