3720 Spruce Ridge Way Way 2211, Knoxville, TN 37920
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Listing Type
Condo/Townhome
Listing Status
active
30
$470,000
Home Details for 3720 Spruce Ridge Way Way 2211
Price
$470,000
Type
Residential
Bedrooms
4
Bathrooms
4.0
Square feet
1510
Year built
2006
County
Knox County - 1
Total rooms
6
Garage
Basement
None
Days on site
107
MLS Listing#
1313887
Hoa
369
Property Description
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
Heating Information
Central
Electric
House Interior
Walk-In Closet(s)
Pantry
Cooling Information
Central Air
Water Features
Public
Parking
Common
Basement
None
Fire Place
None
Listing Courtesy: CENTURY 21 Legacy - 865-984-2121