Lenoir City, TN 37771,400 2nd Ave
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Lenoir City, TN 37771,400 2nd Ave
Lenoir City, TN 37771,400 2nd Ave
Lenoir City, TN 37771,400 2nd Ave
Lenoir City, TN 37771,400 2nd Ave

$440,000

Est. payment /mo

$485,000

9.3%
Est.Price: ?

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400 2nd Ave Lenoir City, TN 37771

3,020 SqFt

SOLD DATE : 11/27/2024

Key Details

Sold Price $440,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,020 sqft

Price per Sqft $145

Subdivision Payne Map Of Lenoir City

MLS Listing ID 1281079

Sold Date 11/27/24

Originating Board East Tennessee REALTORS® MLS

Year Built 1930

Lot Dimensions 50 x 71.5 M

Property Description

400 W 2nd Ave in Lenoir City offers a unique investment opportunity with three updated 1 bed/1 bath units and one spacious 4 bed/2 bath unit. With modern renovations and room for potential rent increases, this property presents an excellent opportunity for investors to boost cash flow while benefiting from the strong rental demand in the area.

Location

State TN

County Loudon County - 32

Rooms

Other Rooms Other

Interior

Heating Central, Other

Cooling Central Cooling

Flooring Vinyl

Heat Source Central, Other

Exterior

Parking Features On-Street Parking

Garage Description On-Street Parking

Roof Type Shingle

Garage No

Building

Faces Turn right onto W Broadway St (US-11). Go for 0.7 mi. Turn left onto N E St. Go for 0.1 mi. Turn right onto W 2nd Ave. Go for 417 ft.

Structure Type Frame

Others

Tax ID 020N G 055.00

Energy Description Other Fuel

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

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Listed by SVN I Wood Properties

Kiley Parker

Founding Advisor | REALTOR® | License ID: 350727

+1(865) 755-8502

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