Knoxville, TN 37902,116 Gay St #APT 107
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Knoxville, TN 37902,116 Gay St #APT 107
Knoxville, TN 37902,116 Gay St #APT 107
Knoxville, TN 37902,116 Gay St #APT 107
Knoxville, TN 37902,116 Gay St #APT 107

$715,000

Est. payment /mo

$750,000

4.7%
Est.Price: ?

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116 Gay St #APT 107 Knoxville, TN 37902

3 Beds

2 Baths

1,260 SqFt

SOLD DATE : 10/12/2023

Key Details

Sold Price $715,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $567

Subdivision Sterchi Lofts Condominiums

MLS Listing ID 1239533

Sold Date 10/12/23

Style Historic

Bedrooms 3

Full Baths 2

HOA Fees $303/mo

Originating Board East Tennessee REALTORS® MLS

Year Built 1920

Lot Size 2,613 Sqft

Acres 0.06

Property Description

This unit is unique in that is only 1 of 14 units in the entire building that does not have a restriction against being used as a short-term rental like an Airbnb or VRBO. Owners can use the unit for their own personal use to attend football, baseball and basketball games, attend concerts, shows and other events or to spend holidays downtown. When owners are not using it for themselves, they can generate passive income by using it as a short-term rental. Sterchi Lofts is located in the heart of downtown Knoxville and is within walking distance of Market Square, the Old City area and the site of the new baseball stadium construction. It's also convenient to the University of TN campus and the developing South Knoxville Waterfront area. Enjoy all the best restaurants, nightlife and entertainment that downtown has to offer and generate income on the side. Furniture will all convey except any paintings. (New Owners would need to obtain their own STR permit) *Buyers to verify sq. ft. *** Buyers to verify sq. ft. *** Acceptable terms are cash or financing without appraisal contingencies. ***

Location

State TN

County Knox County - 1

Area 0.06

Rooms

Basement None

Interior

Interior Features Eat-in Kitchen

Heating Central, Electric

Cooling Central Cooling

Fireplaces Type Other, None

Fireplace No

Appliance Dishwasher, Self Cleaning Oven, Refrigerator, Microwave

Heat Source Central, Electric

Exterior

Exterior Feature Windows - Aluminum

Garage On-Street Parking, Other

Garage Description On-Street Parking, Other

Community Features Sidewalks

Amenities Available Elevator(s)

View Mountain View, Other, City

Parking Type On-Street Parking, Other

Garage No

Building

Faces Located in the Sterchi Lofts Condo complex on the beautiful historic 100 Block of Gay Street between Summit Hill and Jackson Ave.

Sewer Public Sewer

Water Public

Architectural Style Historic

Structure Type Brick,Metal Siding,Steel Siding

Others

HOA Fee Include Fire Protection,Building Exterior,Association Ins,Trash,Some Amenities,Grounds Maintenance,Pest Contract

Restrictions Yes

Tax ID 094EG04300S

Energy Description Electric

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Terminus Real Estate, Inc.

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Katelyn Waters

Agent | License ID: 363091

+1(865) 660-5194 | katelyn@brickmortarproperties.com

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