$470,000
3720 Spruce Ridge Way Apt 2211, Knoxville, TN 37920
- 4Beds
- 4Baths
- 1510SqFt
- 4Beds
- 4Baths
- 1510SqFt
- Property TypeCondo
- Year Built2006
- HOA Fees$369/mo
- Price per Sqft$311
- On highrises1 Day
Property Details
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!
Property Features
Bedrooms
- Bedrooms: 4
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Allie Marret
- state license#371257
- Brokered by:
- CENTURY 21 Legacy
- (865) 984-2121
Also at 3720 Spruce Ridge Way
