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601 N CHILHOWEE DR
KNOXVILLE, TN 37924-2604
Asking Price
$450K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
<p><span style="color: rgba(0, 0, 0, 1)">Calling all visionary investors and developers! This 4,603-square-foot powerhouse is the ultimate ''blank canvas'' opportunity, offering an incredible footprint on a sprawling 12.47-acre lot. The property features a vast living space anchored by original hardwood floors, providing a high-value foundation for a premium renovation. With three bedrooms, 2.5 bathrooms, and a fully finished basement, the interior square footage offers rare flexibility. Outside
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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746
