116 S Gay St
Knoxville, TN 37902
- 4 beds
- 2 baths
- 2,130 sqft
- 2,178 sqft lot
- $516 per sqft
- 1920 build
- – on site
Welcome to this rare gem in the heart of downtown Knoxville! This Turn-Key, fully furnished and ready to operate 4-bedroom, 2-bathroom Short Term Rental boasts an impressive 2,130 square feet of living space and comfortably sleeps up to 14 guests. Perfectly suited for large groups visiting for sporting events, concerts, weddings, or family vacations, this property combines the best of comfort and convenience. Key Features: Spacious Living: With ample room to accommodate up to 14 guests, this unit is ideal for both relaxing and entertaining. The open-concept living area provides a perfect gathering spot for your group. Prime Location: Situated just steps away from Knoxville's vibrant entertainment district, you'll be immersed in a world of music, dining, and nightlife. Explore the city's best restaurants, bars, and cultural attractions without needing a car. Breathtaking Views: Enjoy a stunning view from the massive window overlooking the historic 100 block of the Arts District. This prime vantage point offers a spectacular view of holiday decor, parades, and local events. Versatile Use: As a short-term rental, this unit provides a fantastic opportunity to generate income while also allowing owners to enjoy it for personal entertainment. Use it as a lucrative investment or a luxurious retreat for your own getaways. Proximity to UT: Just a short drive away from the University of Tennessee, this property is an excellent choice for attending football, baseball, and basketball games. Holiday and Event Ready: Whether it's the festive holiday season or a special event, the location and space make it easy to enjoy and celebrate in style. Additional Amenities: Fully equipped kitchen Comfortable bedding and linens Modern, stylish furnishings High-speed internet ready Parking options available nearby This downtown unit offers an unbeatable combination of space, location, and income potential. Don't miss your chance to own a piece of Knoxville's vibrant downtown scene. Contact us today for more information or to schedule a viewing!
Listing courtesy of KAARMLS / Terminus Real Estate, Inc.
Last checked:
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Last updated Oct 25, 2024
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MLS# 1274644 —
The Building
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Year Built:1920
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New Construction:No
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Construction Materials:Brick, Steel Siding
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Architectural Style:Historic
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Direction Faces:None
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Roof:None
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Stories:None
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Stories Total:None
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Basement:None
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Exterior Features:Windows - Aluminum
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Patio & Porch Features:None
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Accessibility Features:None
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Building Area Total:2130.0
Interior
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Interior Features:Elevator, Island in Kitchen, Eat-in Kitchen
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Fireplace:No
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Fireplace Features:Other, None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:Located on the historic 100 block of the Downtown Arts District near the intersection of Summit Hill and South Gay Street
The Property
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Parcel Number:094EG04300Y
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Property Type:Single Family
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Property Subtype:Condominium
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Lot Size Area:0.05
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Lot Size Acres:0.05
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Lot Size SqFt:2178.0
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Lot Size Units:Acres
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Lot Size Source:Tax Records
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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Fencing:None
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Waterfront:No
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Water Body Name:None
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Road Frontage Type:None
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Property Attached:true
Listing Agent
- Contact info:
- Office phone:
- (865) 673-6300
Taxes
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Tax Annual Amount:None
Beds
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Bedrooms Total:4
Baths
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Total Baths:2.0
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Total Baths:2
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Three Quarter Baths:None
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Full Baths:2
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:Central Cooling
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Cooling:true
Utilities
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Utilities:None
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Electric:None
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
Schools
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Elementary School:None
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Elementary School District:None
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Middle Or Jr High School District:None
The Community
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Subdivision Name:Sterchi Lofts Condos Unit 205
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Senior Community:No
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Community Features:Sidewalks
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Pool Private:No
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Pool Features:None
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Spa Features:None
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View:Mountain View, Other, City
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Pets Allowed:None
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Association Amenities:Elevator(s)
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Association:true
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Association Fee:512.0
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Association Fee Includes:Fire Protection, Building Exterior, Association Ins, Trash, Some Amenities, Grounds Maintenance, Pest Contract
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Association Fee Frequency:Monthly
Parking
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Attached Garage:false
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Parking Features:On-Street Parking, Other, Off-Street Parking
Monthly cost estimate
Asking price
$1,100,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,890
|
Taxes | N/A |
Insurance | $302 |
HOA fees | $512 |
Utilities | $179 See report |
Total | $6,883/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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10/24/24
Oct 24, 2024
|
Price Changed | KAARMLS | $1,100,000 | -8.3% |
8/28/24
Aug 28, 2024
|
Listed / Active | KAARMLS | $1,200,000 |