UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $310
Subdivision Miller Pt Lts 3 4
MLS Listing ID 1353401
Year Built 1971
Lot Dimensions IRR
Source East Tennessee REALTORS® MLS
Property Description
711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements.
The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters.
Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive.
Please note: 711 Murray Drive is available only as part of the combined offering and will not be sold separately. 719 Murray Drive may be purchased independently.
Location
State TN
County Knox County - 1
Rooms
Family Room Yes
Other Rooms Bedroom Main Level, Other, Family Room
Interior
Heating Ceiling, Central, Other, Electric
Cooling Window Unit(s)
Flooring Laminate, Tile, Other
Window Features Windows - Aluminum
Heat Source Ceiling, Central, Other, Electric
Exterior
Exterior Feature Balcony
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Shingle
Porch true
Garage No
Building
Faces Clinton Hwy, Turn right on Murray Dr NW, property will be on the left in approx. 0.8 miles.
Additional Building Shed
Structure Type Frame
Others
Tax ID 068JA004
Energy Description Electric
Acceptable Financing Other, New Loan, Cash, Conventional
Listing Terms Other, New Loan, Cash, Conventional
Nearby Locations
GET MORE INFORMATION