Fountain View Way Knoxville, TN $ 2,400,000
Fountain View Way
$ 2,400,000
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Fountain View Way

Knoxville, TN, 37918
$ 2,400,000
Baths0.0 Sq 17,184

Monthly Estimate*

$ 14,374

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Studio

Pending for sale in Knoxville, TN

for $2,400,000. This 17,184 square foot home was built in 2008.

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!

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Pending Pending

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Pending

Taxes

$ 0

Style

Year Built

2008

Town/City

Knoxville

County/Region

Knox

MLS | Web ID

1280322

Features
General
Interior Features Island in Kitchen
Heating Central Natural Gas Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Dishwasher Disposal Microwave Range Refrigerator Smoke Detector
Exterior Features Windows - Insulated Patio Cable Available (TV Only) Fence - Wood Fenced - Yard
Garage Spaces 1.0
Construction Materials Stone Vinyl Siding Brick
Year Built 2008
Gross Income 261144.0
County Knox County - 1
Net Operating Income 165625.0
Operating Expense 95519.0
Property Type Multi-Family
Attached Garage Y
Subdivision Name Cottages at Harvest Towne
Garage Y/N N
Status Pending - Continue to Show - Inspection
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
High School Central
City Knoxville
NumberOfUnitsTotal 12
MLS Area Knox County - 1
Lot Size Square Feet 0.0
Carport Y/N N
Electric On Property Y/N N
Elementary School Fountain City
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Gresham
Lease Renewal Y/N N
MLS Area Minor Knox County - 1
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Senior Community None
New Financing Cash True
New Financing Coventional True
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Interior
Flooring Laminate Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features On Premise Parking Individual Garages Attached Garage Door Opener
Lot Size Area 0.0
Spa N
Building Area Total 17184.0
Lot Dimensions N/A
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Ryan Fogarty

Listing Agent

Realty Executives Associates

Broker

ryanfogarty@realtyexecutives.com

Email

Affordability Calculator

$14,374
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,374
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4771106 Elementary School
4508342 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2024$2,400,000 Listed Price

Map


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Fountain View Way, Knoxville, TN, 37918 is a Pending for sale at $2,400,000 with 17,184 sqft. Fountain View Way is a studio with 0.0 baths and was built in 2008. The property's zip code is 37918 which is in Knoxville, TN