4805 Cannon Ridge Drive, Knoxville, TN

4805 Cannon Ridge Drive, Knoxville, TN, USA

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Diện tích đất

1080 m²

Location

Tennessee

Description

Meticulously Maintained Brick Quadplex with Immediate Value-Add Potential! Welcome to this fully leased brick quadplex in the heart of Fountain City! Situated just minutes from downtown Knoxville and the University of Tennessee, this property offers the perfect blend of convenience and investment opportunity. Each of the four units has been thoughtfully cared for by the long time owner, ensuring low-maintenance ownership for years to come. Current rents are below market, presenting an immediate opportunity to increase cash flow without requiring renovations. Key Features Include: Prime Location: Short drive to vibrant downtown Knoxville and University of Tennessee campus, with potential to rent to students. Turnkey Investment: Fully leased with consistent tenant history. Value-Add Potential: Raise rents to market rate and watch your ROI grow. Comparable Sale: Almost identical neighboring unit sold for $560,000 in May 2024. Don't miss this chance to own a high-demand rental property in one of Knoxville's most desirable areas. Whether you're an experienced investor or just starting to build your portfolio, 4805 Cannon Ridge Dr is a must-see! Showings are available with accepted contract only; please contact listing agent for all questions. Schedule a Private Showing