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116 S Gay St Unit 108, Knoxville, TN 37902

$430,000
: 1
BD
: 1
BA
: 620
SqFt

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List Price: $430,000
MLS#: 1358295
Status: ACTIVE
Type: Condo
City: Knoxville
County: Knox
Bedrooms: 1
Bathrooms: 1
Living Area: 620
Year Built: 1920

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Property Description

TURNKEY SHORT-TERM RENTAL OPPORTUNITY IN THE HEART OF DOWNTOWN KNOXVILLE! Located in the historic Sterchi Lofts building, this fully furnished, loft-style condominium offers an exceptional opportunity to own a piece of downtown Knoxville while enjoying the flexibility of a personal retreat or investment property. Currently operated as a short-term rental, this property is being offered completely furnished and ready to go, providing an attractive opportunity for buyers looking to enter Knoxville's downtown vacation rental market without the hassle of furnishing and setting up a property from scratch. A loft style area was added to increase the sleeping capacity of the unit. Inside, you'll find an inviting open-concept loft with oversized windows that fill the space with natural light, comfortable living and sleeping areas, a fully equipped kitchen, and the convenience of an in-unit washer and dryer. The stylish furnishings and thoughtful layout create a welcoming atmosphere for guests visiting Knoxville for weekend getaways, University of Tennessee events, concerts, business trips, and downtown entertainment. Step outside and experience some of the very best that Knoxville has to offer. Situated in the vibrant Arts District and just steps from the Old City, this property places restaurants, coffee shops, breweries, galleries, and nightlife practically at your doorstep. Market Square and Gay Street are just a short stroll away, offering an incredible selection of dining, shopping, entertainment, and year-round events. Enjoy convenient access to the Tennessee Theatre, Bijou Theatre, World's Fair Park, the University of Tennessee, and Knoxville's exciting downtown attractions, including Covenant Health Park. For investors, the combination of a highly walkable downtown location, established short-term rental use, and a completely furnished interior makes this a compelling opportunity. For those seeking a second home or downtown getaway, enjoy the convenience of having your own place in the center of Knoxville's thriving urban scene. Whether you're looking to expand your investment portfolio or enjoy downtown Knoxville living, this Sterchi Lofts condominium offers location, character, convenience, and flexibility in one exceptional package. Buyers to verify Sq ft, HOA, and Taxes

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Additional Information

Acres: 0.01
Community Amenities: Elevator(s), Storage
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
Construction: Steel Frame, Brick, Stone, Other
Cooling: Central Air
Floors: Other
Garage: On Street, Off Street, Other
Living Area: 620
Lot Description: Other
Style: Historic
Subdivision: Sterchi Lofts Condos Unit 108
Year Built: 1920
Restrictions: Yes
Hoa Fees: $151
Hoa Freq: Monthly
Association Fee Incl: Association Ins, Building Exterior, Grounds Maintenance, Pest Control, Trash, Some Amenities, Fire Protection
Water: Public
Sewer: Public Sewer
Unit: 108
Heating: Central, Electric
Num Of Rooms: 2
Restrictions: Yes
Hoa: Mandatory