๐Ÿ’ ๐ŸŽฏ๐ŸกBIG RANCH TYPE SFH DEAL ON BIG LAND IN KNOXVILLE!!!๐ŸŸข[OFF-MARKET] DISCOUNTED!!!๐Ÿก๐ŸŽฏ๐Ÿ”น

Knox County, Knoxville, TN, 37914
Sold
Listed at: October 4th, 2022
Price
$215,000
ARV
$300,000
Gross Margin
$85,000
Sq. Footage
1405
Type
Single-Family
Parking
Attached Garage
Year build
1960
Lot size
0.34 acres
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

๐ŸŽฏ๐Ÿค‘๐Ÿ’Ž๐ŸŽฏ๐Ÿค‘๐Ÿ’Ž๐ŸŽฏ๐Ÿค‘๐Ÿ’Ž๐ŸŽฏ๐Ÿค‘๐Ÿ’Ž๐ŸŽฏ๐Ÿค‘๐Ÿ’Ž๐ŸŽฏ๐Ÿค‘๐Ÿ’Ž


9 MINUTES TO UNIV. OF TENNESSEE!


โœ…PROPERTY SPECS - SINGLE FAMILY HOME

  • 3 Bedroom
  • 1.5 Bathroom
  • Attached Garage
  • 1,405 Sq ft
  • Lot Size: 14,898 Sq ft
  • Built 1960
  • Vacant
  • Roof Type: Composition Shingle
  • Exterior: Brick
  • Flooring: Hardwood, Laminate
  • Basement: Full
  • Porch: Open
  • A/C: Central
  • Heating: Forced Air Unit
  • Zestimateยฎ: $257,500
  • Rent Zestimateยฎ: $1,800
  • School District: Knox County School District
  • Subdivision Name: Jamaica Heights
  • HOA: None
  • Property Tax: $1,474 / year


PRO TIP: Finish out the basement area in this one to add even more square footage and you can bump up your selling price or what you can rent it for (STR, Student Housings, Section 8, etc)


โœ…HOW YOU CAN PROFIT ON THIS DEAL

  • Do a light rehab and resell for market price for BIG profits!!!
  • After closing, you can put in your own tenants for market rent at around $1,800 / monthly!
  • Do a quick cosmetic rehab and add to your short term rental portfolio!!!


โœ…COMPARABLE SALES

  • 4320 Comet Ln - Sold for $260,000 on 5/19/22
  • 4207 Peacock Ln - Sold for $301,000 on 8/30/22
  • 1664 Banyan Ln - Sold for $299,900 on 7/15/22
  • 1916 Ault Rd - Sold for $275,000 on 6/30/22
  • 1912 Pleasant View Rd - Sold for $293,000 on 7/5/22
  • 3280 Wayne Dr - Sold for $270,000 on 5/31/22
  • 4317 Eagle Dr - Sold for $275,000 on 9/30/22
  • 1905 Spring Hill Rd - Sold for $255,000 on 9/19/22


PURCHASE PRICE - $215,000

REPAIRS - Light 2 Moderate rehab


there are so many exit strategies with this deal

AirBnB

Student Housing

Long Term Rental

Easy Cosmetic Flip

Literally, you can choose your own adventure here for how you get paid!




All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record.I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Olds

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