KNOXVILLE rent to own home - a single family home (3 beds, 2 baths)

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $304,174
Unlock the potential of this 1955 bungalow in the heart of vibrant West Knoxville, a prime opportunity for investors seeking a profitable fip or rental in a sought-after location. This 1,544-square-foot, single-story gem boasts three bedrooms and two full baths, perfectly positioned on a spacious half-acre level lot. Just minutes from shopping, dining, and major highways, with downtown Knoxville nearby, this property blends suburban charm with urban accessibility, ideal for attracting buyers or tenants.nThe property offers a canvas for modern upgrades. Two full baths provide flexibility, and the three bedrooms offer ample space for families or professionals. With a little vision, this bungalow could transform into a chic, market-ready home.nThe half-acre lot is a standout feature, rare in West Knoxville, offering room for expansion. Add square footage, such as a large master suite. The level terrain is perfect for landscaping or patios, boosting value. A detached 768-square-foot garage adds versatility: convert it into a workshop or office.nIn a booming market where updated homes fetch premium prices, this property screams opportunity. Near top schools and parks like Lakeshore, i...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Brokerage: Paula Patterson, Broker

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