3720 Spruce Ridge Way #2211 new Save Request In-Person Tour Request Virtual Tour
Knoxville,TN 37920
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,510 sqft
Price per Sqft $311
Subdivision The Woodlands Of Knoxville
MLS Listing ID 1313887
Style Other
Bedrooms 4
Full Baths 4
HOA Fees $369/mo
Year Built 2006
Property Sub-Type Condominium
Property Description
Nestled in the sought-after Woodlands of Knoxville community, this spacious 4-bedroom, 4-bathroom garden layout home offers a fantastic investment opportunity. Fully leased through July 31, 2026, this property generates a reliable monthly income of $2,850. With three tenants paying $720 per month and one tenant paying $690 per month, you'll enjoy a consistent cash flow for years to come.
Each bedroom in this well-designed layout features its own private bathroom, ensuring maximum privacy and comfort for the tenants. The property boasts a peaceful, serene atmosphere, with a charming back deck that overlooks a lush wooded area—providing a perfect retreat for tenants to relax and enjoy nature.
The Woodlands of Knoxville is known for its top-tier amenities, including a clubhouse, pool, fitness center, and more, making it an appealing spot for student housing or young professionals. Its prime location near the University of Tennessee adds to the property's value and desirability.
This is a great opportunity to invest in a well-maintained, income-generating home with a tranquil setting. Schedule your showing today!
Location
State TN
County Knox County - 1
Rooms
Other Rooms LaundryUtility, Extra Storage
Interior
Heating Central,Electric
Cooling Central Cooling
Flooring Laminate,Carpet,Tile
Fireplaces Type None
Laundry true
Exterior
Exterior Feature Windows - Vinyl,Prof Landscaped,Balcony,Tennis Court(s)
Parking Features Common
Garage Description Common
Pool true
Community Features Sidewalks
Amenities Available Swimming Pool,Tennis Courts,Club House,Recreation Facilities,Security
View Wooded
Building
Lot Description Wooded
Sewer Public Sewer
Water Public
Structure Type Wood Siding,Brick,Shingle Shake,Block,Frame
Others
Acceptable Financing Cash
Listing Terms Cash