2201 Lake Ave 108, Knoxville, TN

$500,000

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3

Beds

2

Baths

1,080

Square feet

0.01

Acres

About 2201 Lake Ave 108

GREAT LOCATION! NEXT TO CAMPUS! Incredible investment opportunity located just steps from the University of Tennessee campus. This first-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all. The light-filled end unit with a charming bay window. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes washer and dryer, and two designated parking spaces. Currently leased through July 31, 2027, this condo provides immediate income potential for investors. Current rent is $3000 per month. The HOA covers water, internet, trash, grounds maintenance, and more--offering a low-maintenance lifestyle in one of Knoxville's most desirable rental zones. Located just one block off Cumberland Avenue, residents have walkable access to campus, restaurants, shopping, and UT sporting events. Whether you're an investor, parent seeking housing for your UT student, or looking for a turnkey rental, this is an opportunity you don't want to miss. Currently occupied. Must have 24 hour notice for any showings.

Features of 2201 Lake Ave 108

MLS® # 1353856
Price $500,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,080
Acres 0.01
Year Built 1995
Sub-Type Condominium
Style Other
Status Active

Community Information

Address 2201 Lake Ave 108
Area Knox County - 1
Subdivision St Christopher Sq Condo Com Elem 4.16% U
City Knoxville
County Knox County - 1
State TN
Zip Code 37916

Amenities

Features Internet Available, Pantry, Walk-in Closets, Wired for Internet
Parking Designated Parking, Carport
View Other
Has Pool No

Interior

Interior Features Walk-In Closet(s), Pantry, Breakfast Bar
Appliances Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Heating Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Fireplace No
Fireplaces None
Has Basement No
Basement None

Exterior

Exterior Block, Brick
Exterior Features Balcony
Lot Description Corner Lot
Construction Block, Brick

Additional Information

Short Sale No
RE / Bank Owned No
HOA Fees 275
HOA Fees Freq. Monthly

Listing Details

OfficeUniversity Real Estate & Property Mgmt., LLC

Listing Map

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