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!

1688 Old Highway 95, Lenoir City, 37771

Priced At: $975,000

Property Details for ID: 1324059



SqFt: 7,540
Price SqFt: $129
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2025-12-11T19:27:24Z

Public Remarks: 8 UNITS - BRICK - ALL 2 BDRMS -ALL HVACS NEW SINCE 2018- NEW METAL ROOFS 2011 Great Lenoir City location just off I-75 & minutes to Turkey Creek & Oak Ridge National Lab. This complex consists of 2 four unit buildings on one lot. Each building has an excellent unit mix of four - 2 bedroom, 1 bath units. All units have central HVAC, stoves, refrigerators & dishwashers. Recent capital improvements over the last 4 years include new water heaters, HVAC's and 6 renovated units. A great location, low maintenance exterior, and major improvements makes this a turn key investment ready for a smart investor looking for quality & location. Current property mgmt would love to stay in place and charges 10%. Please see link here to interior videos of all 8 apartments, https://drive.google.com/drive/folders/1fZ2zrfejWmMVJ0gVCH-po6H_xlFC--6M?usp=drive_link No sign on property. Please do not disturb residents.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1976
SqFt (Total): 7,540
Sub-Type: Other
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit

  Exterior Features

Features: Patio
Construction: Frame - Brick
Siding: Brick

  Appliances

Dishwasher, Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Laminate, Luxury Vinyl Plank
Other Rooms: Other
Misc Features: Pantry

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, New Loan
Gross Annual Income: 91,800
Annual Operating Expenses: 29,618
Net Operating Income: 62,182

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

On Premise Parking

  Community Features

Outbuildings

Presented By: / Goldman Partners Realty, LLC

Up Coming Open Houses

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

Directions

Take I-75 to Exit 81 and turn South. Turn right almost immediately on Adesa. Take Adesa to the end and turn left onto Old Hwy 95. In approximately .4 miles property will be on the left.



Your commute

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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!

Professional

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

Full-Time Access

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

Experience Is Key

Licensed since 1981, I have the experience to solve problems that arise and the know how to avoid major pitfalls

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.



Re/max Preferred Properties is a licensed Tennessee Real Estate Firm. Firm License 209356. Some or all of the Listing Displayed on this Site may not belong to Re/max Preferred Properties. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.