605 Gill Avenue Ave Active

Knoxville,TN 37917

$ 735000

- Bed

0 Bath

3164 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,164 sqft

Price per Sqft $232

Subdivision Gills Add Pts 78

MLS Listing ID 1287625

Year Built 1910

Lot Size 3,920 Sqft

Property Description

This property offers a unique blend of historic charm and modern convenience, located in one of Knoxville's most desirable districts. Whether you're a seasoned investor or looking to start your portfolio, 605 Gill Avenue provides an excellent opportunity to own a piece of Knoxville's history while generating steady rental income.

Property Overview:

Historic 4th and Gill District, near Downtown Knoxville 4 Plex | 3,164 sq ft

(2) Downstairs units: 1-Bedroom Units
Unit 1 - vacant since April
Unit 2 - leased 12 mo - has w/d

(2) Upstairs units: share an upstairs balcony
Unit 3 - 12 mo lease has w/d
Unit 4 - 12 mo lease not w/D
Convenient parking options include Off-Street Parking, On-Premise Parking, and On-Street Parking. Plenty of room to create a parking pad in the rear of the property.

Roof is 14 years old.

Owner has replaced water heaters and AC units in 2023.

Unit 1 has slight slope from home setteling has been reinforced with support piers in basement.

Location

State TN

County Knox County - 1

Area 4008.0

Rooms

Other Rooms Foyer

Interior

Heating Central,Forced Air,Natural Gas

Cooling Central Cooling,Ceiling Fan(s)

Flooring Laminate,Hardwood

Exterior

Exterior Feature Balcony

Parking Features None

Roof Type Asphalt

Building

Structure Type Frame,Other

Schools

Elementary Schools Beaumont

Middle Schools Vine/Magnet

High Schools Fulton

Others

Acceptable Financing New Loan

Listing Terms New Loan

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