1000 Baker Ave
S KNOX DUPLEX - PRICE REDUCED - WITH 20% DOWN SELLER WILL FINANCE WITH GREAT TERMS!!
Marketing description
Subject to review of Buyer's financials, with a 20% cash downpayment, Seller is offering to carry a first deed of trust at 6%, amortized over 30 years, balloon 5 years from closing. Convenient to the University of TN, South Knoxville Waterfront, Baker Creek Bottoms and the Urban Wilderness, this property presents a solid investment opportunity and is ideal for either an investor or a savvy buyer looking to house-hack and build equity while generating rental income. Unit A is a 2-bedroom, 1-bath unit featuring a stove, refrigerator, and washer/dryer connections and is being kept vacant for ease of showings. Unit B is located upstairs and includes a stove and refrigerator and is currently month to month. . A small exterior-access utility closet provides additional washer/dryer connections. For convenience, current videos and photos of each unit are available for viewing - please see the links located under the documents tab. We respectfully ask that you do not disturb the residents.
Investment highlights
- With 20% Down, Seller will carry 80% at 6% for 5 years
- Great Location in South Knoxville, Tn
- Corner Lot
- Gross Income $28,680
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