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108 Viking Rd

Oak Ridge, TN 37830
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 20 Days
  • ID#: 1251996
Under Contract
UPDATED: 42 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,124
    SQFT
  • $148
    $/SQFT
Type:
Multi-Family
Built:
1943
County:
Area:

School Information

High School:

Description

Incredible INVESTMENT OPPORTUNITY in Oak Ridge - 12 Unit Apartment Complex!*MOTIVATED SELLER* Welcome to this prime investment opportunity in the heart of Oak Ridge, Tennessee! This 12-unit apartment complex presents a unique blend of modern luxury and promising potential.Property Features:4 Fully Renovated Units: Everything is NEW top to bottom. Unit upgrades include HVAC, plumbing, electrical, appliances, washer and dryer in each unit, windows, sheet rock, lighting, flooring, and more. These units are metered separately and each unit has been fitted with fire suppression heat detected sprinkler systems, hard wired smoke alarms and fire alarms. These are sure to be maintenance free for many years.8 Partially Renovated Units with New Framing that is framed in with all rooms including laundry rooms in each unit, windows, Siding, Roofs, water supply lines ready for plumbing, and for fire suppression installation, temporary power pole set up for both buildings : The remaining 8 units boast brand new structural enhancements, ensuring longevity and low maintenance costs. Future tenants will enjoy the benefits of upgraded exteriors and improved energy efficiency. Buildings are situated on over 2 acres of beautiful level land for tenant and owner enjoyment, or potential expansion!Conveniently situated in the heart of Oak Ridge, the complex is within close proximity to schools, parks, shopping centers, and major transportation routes, making it an attractive choice for potential tenants.Thriving Rental Market: Oak Ridge's established rental market which is continuing to grow exponentially makes this property a sound investment choice, providing a steady income stream for the discerning investor.This sale includes all three separately parceled buildings. Parcel #s: 108-114 is #099E F 011.00, 116-122 is #099E F 012.00, 124- 130 is #099E F 013.00The owners are motivated to sell, offering an opportunity for investors who are capable. Act now to secure this valuable asset by contacting me today! Don't let this opportunity pass you by!Buyers responsibility to verify all information is correct. Owner agent.

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© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Holladay Group at Keller Williams. Information is deemed reliable but is not guaranteed accurate by the MLS or The Holladay Group at Keller Williams. Data last updated: 2024-02-28T14:25:53.75.
www.propertiesforsaleknoxville.com/homes/147353143
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108 Viking Rd Oak Ridge, TN 37830

  • Price: $1,200,000
  • Status: Active Under Contract
  • On Site: 20 Days
  • Updated: 42 min ago
  • ID#: 1251996
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,124
SQFT
$148
$/SQFT
1943
Built
County:
Anderson
Area:
Oak Ridge
High School:
Oak Ridge
Property Description
Incredible INVESTMENT OPPORTUNITY in Oak Ridge - 12 Unit Apartment Complex!*MOTIVATED SELLER* Welcome to this prime investment opportunity in the heart of Oak Ridge, Tennessee! This 12-unit apartment complex presents a unique blend of modern luxury and promising potential.Property Features:4 Fully Renovated Units: Everything is NEW top to bottom. Unit upgrades include HVAC, plumbing, electrical, appliances, washer and dryer in each unit, windows, sheet rock, lighting, flooring, and more. These units are metered separately and each unit has been fitted with fire suppression heat detected sprinkler systems, hard wired smoke alarms and fire alarms. These are sure to be maintenance free for many years.8 Partially Renovated Units with New Framing that is framed in with all rooms including laundry rooms in each unit, windows, Siding, Roofs, water supply lines ready for plumbing, and for fire suppression installation, temporary power pole set up for both buildings : The remaining 8 units boast brand new structural enhancements, ensuring longevity and low maintenance costs. Future tenants will enjoy the benefits of upgraded exteriors and improved energy efficiency. Buildings are situated on over 2 acres of beautiful level land for tenant and owner enjoyment, or potential expansion!Conveniently situated in the heart of Oak Ridge, the complex is within close proximity to schools, parks, shopping centers, and major transportation routes, making it an attractive choice for potential tenants.Thriving Rental Market: Oak Ridge's established rental market which is continuing to grow exponentially makes this property a sound investment choice, providing a steady income stream for the discerning investor.This sale includes all three separately parceled buildings. Parcel #s: 108-114 is #099E F 011.00, 116-122 is #099E F 012.00, 124- 130 is #099E F 013.00The owners are motivated to sell, offering an opportunity for investors who are capable. Act now to secure this valuable asset by contacting me today! Don't let this opportunity pass you by!Buyers responsibility to verify all information is correct. Owner agent.
Exterior Features

Construction BlockFrame Driveway Parking Spaces Exterior Features Porch - CoveredProf LandscapedWindows - Vinyl Garage Parking Off-Street ParkingOn-Street Parking Lot Size 261x227x311x131x241 Siding BrickVinyl

Interior Features

Appliances DishwasherDryerRangeRefrigeratorSelf Cleaning OvenSmoke DetectorWasher Cooling Central Cooling Floors CarpetLaminate Fuel Electric Heat Central Misc Features PantryWasher/Dryer Connect Other Rooms Other

Property Features

Auction YN No City County Code City Limits City Taxes 833.82 County Taxes 885.14 Miscellaneous Porch Multifamily Sub Type ApartmentFour PlexOther New Financing AlternativeCall Listing AgentCashConventionalNew LoanOther Owner Expenses Common Area MaintenanceElectricityExterior MaintenanceHVAC MaintenanceInsuranceLawn MaintenanceRoof MaintenanceSewerTaxes Property Status N/A Pud YN No Sale Includes Building and Land Tenant Expenses CoolingElectricityHeatingTenant Pays All UtilTrash CollectionWater/Sewer Total Tax 1718.96 Type Of Units 1 Bedroom Unit2 Bedroom UnitTownhouseUnfurnished Units Leased 0.00 Utilities Mo Avg 0.00

Listing information © 2024 East Tennessee REALTORS®.
Listing provided courtesy of The Real Estate Firm, Inc.: (865) 770-4030.


© 2024 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Holladay Group at Keller Williams. Information is deemed reliable but is not guaranteed accurate by the MLS or The Holladay Group at Keller Williams. Data last updated: 2024-02-28T14:25:53.75.
 
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The Holladay Group at Keller Williams
11400 Parkside Dr., Ste. 120
Knoxville TN, 37934