$499,000
Everything is here to keep you living in the moment. Main Floor 4BR/4BA condo in The Woodlands of Knoxville, just minutes from downtown Knoxville and the UT campus, offering an exceptional investment opportunity or future student housing option. This spacious, roommate-friendly unit features four private bedrooms, each with its own en-suite bath, along with a bright, open living area designed for comfortable shared living. Individual en-suite bedrooms have rented for $1,200 per month, creating the potential for up to $4,800 in monthly income for the entire unit.
The condo has been updated throughout and includes a new dishwasher, disposal, refrigerator, and stove, along with newer vinyl flooring throughout and carpet. All appliances convey, including the washer and dryer. A covered balcony overlooks a peaceful wooded setting, adding to the appeal.
The Woodlands offers outstanding resort-style amenities, including gated entry with security, five swimming pools, a state-of-the-art fitness center, theater room and entertainment spaces, two dog parks, sports courts and recreational areas, stand-up tanning, and a day and evening UT shuttle. The HOA also includes water, sewer, and Xfinity internet.
This property is ideal for investors, UT parents, or future owner-occupants seeking strong income potential, low maintenance, and unbeatable amenities in a prime Knoxville location. Sellers are offering six months of owner financing with a balloon payoff due January 2, 2027, and are also granting early occupancy. All information deemed reliable but not guaranteed. Buyer to verify all details, including measurements and HOA rules.
4
Beds
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4
Baths
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1337326
MLS
3700 Spruce Ridge Way Unit 1913, Knoxville
Listing courtesy of Brougham Properties.