2201 Lake Ave, Knoxville, TN 37916

$500,000
  • 2201 Lake Ave, Knoxville, TN 37916 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,080 MLS#1353856
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONSt Christopher Sq Condo Com Elem 4.16% U

Property Description

GREAT LOCATION! NEXT TO CAMPUS! Incredible investment opportunity located just steps from the University of Tennessee campus. This first-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all. The light-filled end unit with a charming bay window. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes washer and dryer, and two designated parking spaces. Currently leased through July 31, 2027, this condo provides immediate income potential for investors. Current rent is $3000 per month. The HOA covers water, internet, trash, grounds maintenance, and more--offering a low-maintenance lifestyle in one of Knoxville's most desirable rental zones. Located just one block off Cumberland Avenue, residents have walkable access to campus, restaurants, shopping, and UT sporting events. Whether you're an investor, parent seeking housing for your UT student, or looking for a turnkey rental, this is an opportunity you don't want to miss.Currently occupied. Must have 24 hour notice for any showings.

2201 Lake Ave | MLS# 1353856

This condo located at 2201 Lake Ave, Knoxville, TN 37916 is currently listed for sale with an asking price of $500,000. This property was built in 1995 and has 3 bedrooms and 2 full baths with 1080 sq. ft. Lake Ave is located in the St Christopher Sq Condo Com Elem 4.16% U subdivision. Search St Christopher Sq Condo Com Elem 4.16% U real estate on jhale.franklinrealty.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Other
Lot Size: 0.01 Acres
Year Built: 1995

Amenities

Walk-In Closet(s)
Pantry
Breakfast Bar
Balcony

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Association/Condo Fee: 275/Monthly
Exterior: Block, Brick
Flooring: Laminate, Carpet, Vinyl
HOA Y/N: Yes
Lot: Corner Lot
Parcel #: 108CK01900H
Parking: Designated Parking, Carport
Security Features: Smoke Detector
Sewer: Public Sewer
Special View Info: Other
SQFT Total: 1080
View: Other
Water: Public

Listed By / Shown By

Listed By

Agency Name: University Real Estate & Property Mgmt., LLC

Shown By

Agent Name: John Hale
Agent Phone: (865) 484-0660
Agency Title: Franklin Realty Inc.

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Estimated Payment

$ 3,211.36 per month $3,065.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance

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