Fountain View Way

Knoxville, TN 37918

$2,600,000
Price
—
Beds
17,184 Sq. Ft.
$151 / Sq. Ft.
17,184
Sq. Ft.
$151
per Sq. Ft.
Main
Community
Community
Front
Front
Front
Entry
Living Room
Living Room
Living Room
Living Room
Bar Top Island
Kitchen
Kitchen
Kitchen & Living Room
Guest Bath
Garage
Laundry
Bedroom 1
Bedroom 1
En-Suite Bathroom 1
Closet BR 1
Bedroom 2
Bedroom 2
En-Suite Bathroom 2
Backyard Patio
Aerial
Aerial
Overhead
Community
Community

Description

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...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!
  1. Listed by Ryan Fogarty • Realty Executives Associates

Property Details for Fountain View Way

Sub division Name
Cottages at Harvest Towne
LISTING UPDATED: 12/16/2024 02:58 PM

Property Details for Fountain View Way

StatusActive
MLS #1280322
Days on Market15
Taxes$33,703 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built2008
Lot Size0.00 AC / 0 SF
CountyKnox County

Building Information for Fountain View Way

Stories-Residences12Year Built2008Building Size-Lot Size0.00 AC / 0 SF

Property Information for Fountain View Way

Summary
Location and General Information
  • City: Knoxville
  • County Or Parish: Knox County - 1
  • 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
  • Latitude: 36.026756
  • Longitude: -83.926027
  • MLS Area Major: Knox County - 1
  • MLS Area Minor: Knox County - 1
  • Postal Code: 37918
  • State Or Province: TN
  • Location Tax Legal Info Area: Knox County - 1
  • Remarks Misc 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
Parking
  • Attached Garage: Yes
  • Parking Features: On Premise Parking, Individual Garages, Attached, Garage Door Opener
  • General Property Description Driveway: Yes
  • Garage Parking Attached: True
  • Garage Parking Garage Door Opener: True
  • Garage Parking Individual Garages: True
  • Garage Parking On Premise Parking: True
  • Garage Parking Garage Spaces: 1.0
School Information
  • Elementary School: Fountain City
  • High School: Central
  • Middle Or Junior School: Gresham
  • Location Tax Legal Info Elementary School: Fountain City
  • Location Tax Legal Info Middle School: Gresham
  • Location Tax Legal Info High School: Central
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 058MA01701B
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 33702.94
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 2008
  • Building Area Total: 17184.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: N/A
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: N/A
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 90.29
  • Fuel Electric: True
  • Fuel Gas (Natural): True
  • Misc Features Internet Available: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Insulated, Patio, Cable Available (TV Only), Fence - Wood, Fenced - Yard
  • Construction Materials: Stone, Vinyl, Brick
  • Siding Brick: True
  • Siding Stone: True
  • Siding Vinyl: True
  • Exterior Features Cable Available (TV Only): True
  • Exterior Features Fence - Wood: True
  • Exterior Features Fenced - Yard: True
  • Exterior Features Patio: True
  • Exterior Features Windows - Insulated: True
  • Miscellaneous Patio: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Smoke Detector
  • Flooring: Laminate, Tile
  • Heating: Yes
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Floors Laminate: True
  • Floors Tile: True
  • Heat Central: True
  • Appliances Dishwasher: True
  • Appliances Disposal: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Other Rooms Family Room: True
  • Roof Shingle: True
  • Misc Features Island in Kitchen: True
  • Misc Features WasherDryer Connect: True
Multi Family
Income & Expenses Information
  • Gross Income: $247,752.00
  • Net Operating Income: $154,812.00
  • OperatingExpense: $92,940.00
Multi-Family Information
  • Number Of Units Total: 12
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Townhouse: True
  • Income Expenses Gross Annual Income: 247752.0
  • Income Expenses Annual Oper Expenses: 92940.0
Unit 1
  • Unit 1 Unit Number: 4808
  • Unit 1 Beds Total: 2
  • Unit 1 Rent: 1250-1850
  • Unit 1 Squarefeet: 1432.0
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 4810
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 1650-1850
  • Unit 2 Squarefeet: 1432.0
  • Unit 2 Lease: Yes
Unit 3
  • Unit 3 Unit Number: 4814
  • Unit 3 Beds Total: 2
  • Unit 3 Rent: 1700-1850
  • Unit 3 Squarefeet: 1432.0
  • Unit 3 Lease: Yes
Unit 4
  • Unit 4 Unit Number: 4822
  • Unit 4 Beds Total: 2
  • Unit 4 Rent: 1800-1850
  • Unit 4 Squarefeet: 1432.0
  • Unit 4 Lease: Yes
Unit 5
  • Unit 5 Unit Number: 4824
  • Unit 5 Beds Total: 2
  • Unit 5 Rent: 1625-1850
  • Unit 5 Squarefeet: 1432.0
  • Unit 5 Lease: Yes
Unit 6
  • Unit 6 Unit Number: 4826
  • Unit 6 Beds Total: 2
  • Unit 6 Rent: 1650-1850
  • Unit 6 Squarefeet: 1432.0
  • Unit 6 Lease: Yes
Unit 7
  • Unit 7 Unit Number: 4828
  • Unit 7 Beds Total: 2
  • Unit 7 Rent: 1700-1850
  • Unit 7 Squarefeet: 1432.0
  • Unit 7 Lease: Yes
Unit 8
  • Unit 8 Unit Number: 4830
  • Unit 8 Beds Total: 2
  • Unit 8 Rent: 1700-1850
  • Unit 8 Squarefeet: 1432.0
  • Unit 8 Lease: Yes
Unit 9
  • Unit 9 Unit Number: 4832
  • Unit 9 Beds Total: 2
  • Unit 9 Rent: 1700-1850
  • Unit 9 Squarefeet: 1432.0
  • Unit 9 Lease: Yes
Unit 10
  • Unit 10 Unit Number: 4834
  • Unit 10 Beds Total: 2
  • Unit 10 Rent: 1450-1850
  • Unit 10 Squarefeet: 1432.0
  • Unit 10 Lease: Yes
Unit 11
  • Unit 11 Unit Number: 4836
  • Unit 11 Beds Total: 2
  • Unit 11 Rent: 1850-1850
  • Unit 11 Squarefeet: 1432.0
  • Unit 11 Lease: Yes
Unit 12
  • Unit 12 Unit Number: 4838
  • Unit 12 Beds Total: 2
  • Unit 12 Rent: 1700-1850
  • Unit 12 Squarefeet: 1432.0
  • Unit 12 Lease: Yes
Rental
Rent Information
  • General Property Description Number of Units Leased: 12.0
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: True
  • Tenant Expenses Electricity: True
  • Tenant Expenses Gas: True
  • Tenant Expenses Heating: True
  • Tenant Expenses Telephone: True
  • Tenant Expenses Tenant Pays All Utilities: True
  • Tenant Expenses WaterSewer: True

Property History for Fountain View Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Fountain View Way

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Fountain City Elementary School
Public - PK to 5
Gresham Middle School
Public - 6 to 8
Central High School
Public - 9 to 12
Lincoln Park Technology And Trade Center
Public - 9 to 12
Rating
School
Distance
Fountain City Elementary School
PublicPK to 5

Gresham Middle School
Public6 to 8

Central High School
Public9 to 12

Lincoln Park Technology And Trade Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about Fountain View Way, Knoxville, TN 37918

Fountain View Way is a multi-family home for sale in Knoxville, TN 37918. This property was listed for sale on October 23, 2024 by Realty Executives Associates, it's currently listed at $2,600,000. This listing's school district is Knox County School District. Nearby schools include Fountain City Elementary School, Gresham Middle School and Central High School. Fountain View Way is a 0-bed, 0-bath, 17,184 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Associates, Ryan Fogarty

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 12/16/2024 02:58 PM