BJ Can Help You Purchase This Unit

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

Fountain View Way, Knoxville, 37918

Priced At: $2,600,000

Property Details for ID: 1280322



SqFt: 17,184
Price SqFt: $151
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2024-12-11T17:20:32Z
Subdivision: Cottages at Harvest Towne

Public Remarks: Elevate your portfolio with this top-tier investment in 12 well-maintained townhome condo units. Each unit is 1400+ Sq. Ft. of living space and offers two bedrooms with full, en-suite bathrooms, a main level guest bathroom, spacious kitchen, in-unit laundry, one-car garage, and backyard patio with privacy fence enclosures. Built in 2008, with a tasteful mix of brick, stone, and vinyl siding, level driveways and yards, additional on-street parking, and beautiful landscaping, the property is as functional as it is attractive. Units are located near retail centers and the interstate, providing convenience and short commutes to tenants. Professionally managed, with low HOA fees, and a history of low vacancy rates. HOA covers lawncare and landscape expense, exterior building maintenance, and trash removal. Tenants are responsible for utility costs, ensuring low and predictable operating costs. Held by the same owner since 2015, these properties are a testament to quality and reliability. With value add potential to boot, take advantage of this exceptional opportunity poised for growth!

Schools Information

Elementary School: Fountain City
Middle / Junior School: Gresham
High School: Central

Building Description

Year Built: 2008
SqFt (Total): 17,184
Sub-Type: Other
Sale Includes: All Furnishings, Other
Unit Type(s): 2 Bedroom Unit, Townhouse

  Exterior Features

Features: Cable Available (TV Only), Fence - Wood, Fenced - Yard, Patio, Windows - Insulated
Construction: Frame - Brick
Siding: Brick, Stone, Vinyl

  Appliances

Dishwasher, Disposal, Microwave, Range, Refrigerator, Smoke Detector

  Room Dimensions

  Interior Features

Floors: Laminate, Tile
Other Rooms: Family Room
Misc Features: Internet Available, Island in Kitchen, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional
Gross Annual Income: 247,752
Annual Operating Expenses: 92,940
Net Operating Income: 154,812

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Attached, Garage Door Opener, Individual Garages, On Premise Parking

  Community Features

Outbuildings


Presented By: / Realty Executives Associates

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

North on I-75 to East on I-640. Take Broadway exit. Turn Left/North onto Broadway. Turn Right/East onto Sanders Drive. Turn Left onto Fountain View Way



Your commute

( Departing today at 8:00am )


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Four Reasons to Use BJ Swinehart

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Full-Time Access

My buyers and sellers have my personal cell phone number and can reach me on a full-time basis.

Professional

I Believe that everyone should be treated with the upmost of respect and professionalism combined with the highest level of service.

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Marketing Expertise

My marketing expertise will help to make sure that the pictures, public description and website distribution channels will draw potential buyers to your home.