About 116 S Gay Apt 107
This unit is unique in that is only 1 of 14 units in the entire building that does not have a restriction against being used as a short-term rental like an Airbnb or VRBO. Owners can use the unit for their own personal use to attend football, baseball and basketball games, attend concerts, shows and other events or to spend holidays downtown. When owners are not using it for themselves, they can generate passive income by using it as a short-term rental. Sterchi Lofts is located in the heart of downtown Knoxville and is within walking distance of Market Square, the Old City area and the site of the new baseball stadium construction. It's also convenient to the University of TN campus and the developing South Knoxville Waterfront area. Enjoy all the best restaurants, nightlife and entertainment that downtown has to offer and generate income on the side. Furniture will all convey except any paintings. (New Owners would need to obtain their own STR permit) *Buyers to verify sq. ft. *** Buyers to verify sq. ft. *** Acceptable terms are cash or financing without appraisal contingencies. ***
Features of 116 S Gay Apt 107
| MLS® # | 1239533 |
|---|---|
| Price | $750,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,260 |
| Square Footage | Tax Records |
| Acres | 0.06 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Historic |
| Status | Pending - Continue to Show |
Community Information
| Address | 116 S Gay Apt 107 |
|---|---|
| Area | Knox County |
| Subdivision | Sterchi Lofts Condominiums |
| City | Knoxville |
| State | TN |
| Zip Code | 37902 |
Amenities
| Amenities | Sidewalks, Exercise Room, Elevator |
|---|---|
| Features | Washer/Dryer Connect, Wired for Internet |
| Parking | On-Street Parking, Other |
| Garages | Other |
| View | Mountain View, City View |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Microwave, Range/Oven, Refrigerator, Self Cleaning Oven |
|---|---|
| Heating | Central |
| Cooling | Central Cooling |
| Fireplace | No |
| Fireplaces | None |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior Features | Windows - Aluminum |
|---|---|
| Lot Description | Other |
| Construction | Masonry, Steel |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 303.11 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | Terminus Real Estate, Inc. |
|---|