300 Pennsylvania Ave, Oak Ridge, TN 37830 (MLS# 1189823)


$750,000
300 Pennsylvania Ave
Oak Ridge, TN 37830
MLS# 1189823
Status: Closed
4902 sqft


300 Pennsylvania Ave, Oak Ridge, TN 37830
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Property Description
!Multiple offers please submit all offers by 3pm 5/27 response time 6pm! TWO income producing properties in the heart of historic Oak Ridge right across the street from Methodist Medical Center! This package includes two 4 unit buildings each with two, 1 bed 1 bath units, and two, 2 bed 1 bath units. These would be a great addition to your portfolio! Use them as steady long term rentals or you can take advantage of the phenomenal location and furnish each unit to rent to travelling nurses or business professionals at ORNL. Don't miss out on this investment opportunity! This sale includes parcels 099D E 040.00 known as 300-306 Pennsylvania Ave, Oak RIdge TN, 37830, and 099D E 041.00 known as 308-314 Pennsylvania Ave, Oak Ridge, TN 37830 Will also sell individually.

Details
Maps
Documents
Location, Tax & Legal Info
House #: 300
Street Name: Pennsylvania
St Suffix: Ave
State/Province: TN
Zip Code: 37830
Area: Anderson County - 30
PIN #: 099D E 040.00
Total Tax: 5403.01
Geo Lat: 36.023225
Geo Lon: -84.249966
Contract Info
Auction Y/N: No
Listing Price: 750000
Current Price: $707,000
Status: Closed
Listing Date: 2022-05-02
General Property Description
SqFt - Total (Aprox): 4902
Lot Dimensions: 13,939
Number of Units: 8
# Units Leased: 5
Utilities/Mo Avg: 140
Year Built: 1943
Property Status: N/A
Restrictions: Yes
Driveway: Yes
Remarks & Misc
Directions: Head northwest on N Illinois Ave 0.3 mi, Turn right onto Robertsville Rd 0.5 mi, Turn left onto Providence Rd 0.6 mi, Slight right onto Pennsylvania Ave Destination will be on the left
Status Change Info
Status Change Date: 2022-06-20
Under Contract Date: 2022-05-28
Sold Date: 2022-06-16
Sold Price: 707000
Property Features
Property Sub-Type: Four Plex
Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; Unfurnished
Sale Includes: Building and Land
Floors: Carpet; Hardwood; Laminate; Vinyl
Tenant Expenses: Electricity
Owner Expenses: Advertising; Exterior Maintenance; Gas; HVAC Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Roof Maintenance; Sewer; Supplies; Taxes; Water
Fuel: Electric; Gas (Natural)
Heat: Baseboard; Space Heater; Other
Cooling: Ceiling Fan(s); Window Unit(s); Other
Appliances: Dishwasher; Range; Refrigerator; Self Cleaning Oven; Smoke Detector
Construction: Block; Frame - Brick
Roof: Asphalt
Siding: Brick; Vinyl
Garage/Parking: Off-Street Parking; On-Street Parking
Exterior Features: Patio; Window - Energy Star; Windows - Vinyl
Misc Features: Internet Available
Other Rooms: Other
Miscellaneous: Porch; Utility Room
New Financing: Cash; Conventional
Showing: See Agent Instructns
Supplements
Number of bedrooms and square footage are based on both buildings. 308-314 will need many updates and some repairs. To be sold AS-IS Buyer to perform due diligence and verify all information.

Listing Office: Crye-Leike Realtors South, Inc.

Office Phone: 865-938-7750

Last Updated: June - 20 - 2022

300 Pennsylvania Ave, Oak Ridge, TN 37830 - MLS# 1189823

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORSĀ® Multiple Listing Service. Ā© Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Tuesday 5th of July 2022 03:25 AM