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$500,000

GREAT LOCATION! NEXT TO CAMPUS! Incredible investment opportunity located just steps from the University of Tennessee campus. This first-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all. The light-filled end unit with a charming bay window. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes washer and dryer, and two designated parking spaces. Currently leased through July 31, 2027, this condo provides immediate income potential for investors. Current rent is $3000 per month. The HOA covers water, internet, trash, grounds maintenance, and more--offering a low-maintenance lifestyle in one of Knoxville's most desirable rental zones. Located just one block off Cumberland Avenue, residents have walkable access to campus, restaurants, shopping, and UT sporting events. Whether you're an investor, parent seeking housing for your UT student, or looking for a turnkey rental, this is an opportunity you don't want to miss. Currently occupied. Must have 24 hour notice for any showings.

3 Beds ⋅ 2 Baths ⋅ 1353856 MLS

2201 Lake Ave Unit 108, Knoxville