7701 Clapps Chapel Rd, Corryton, TN 37721

$525,000 Asking Price

5 beds
5 baths
3,852  sqft
Built in 1967

INVESTMENT OPPORTUNITY AWAITS!!! Discover a unique cash flow investment property with endless opportunities for exceptional rental income potential. This distinctive property includes 3-bedroom 3 bath brick basement rancher, a 2-bedroom cottage, and a studio apartment that sits on 1.29 acres. The main feature of this property is a spacious 3-bedroom basement rancher. This unit offers a generous living area with plenty of room for relaxation and entertainment. Additional rooms downstairs could be used for bedrooms and home offers potential for a mother-in-law suite and has extra storage. Connected to the main home is a well-appointed studio apartment. This compact yet efficient unit boasts an open-plan layout that includes a sleeping area, a small kitchenette, and a bathroom. Ideal for single professionals or students, this studio provides a private retreat with all the essentials. On the property is a cozy cottage that is perfect for small families or couples seeking a private and comfortable living space. Outside, the property continues to impress. The large yard provides ample space for outdoor activities, gardening, or simply enjoying the serene environment. The fenced-in backyard ensures privacy and security, making it a perfect haven for families and pets. The highlight of the outdoor space is the inviting pool and spacious patio area, ideal for lounging, entertaining, and enjoying warm summer days. This is a rare find with unlimited potential.

Features & Amenities

Interior

General:
Walk-In Closet(s), Eat-in Kitchen
Appliances:
Dishwasher, Disposal, Range, Refrigerator, Self Cleaning Oven, Smoke Detector
Basement:
Partially Finished, Walkout
Flooring:
Carpet, Hardwood, Vinyl, Tile
A/C:
true, Central Cooling, Ceiling Fan(s)
Heating:
true, Central, Heat Pump, Electric
Fireplace:
Ventless, Gas Log, Fireplace, Fireplaces: 2

Exterior

General:
Windows - Wood, Windows - Storm, Fence - Wood, Patio, Pool - Swim (Ingrnd), Porch - Covered, Porch - Screened, Fence - Chain, Deck, Cable Available (TV Only), Storage
Style:
Traditional
Parking:
Garage Door Opener, Attached, Basement, RV Parking, Side/Rear Entry, Off-Street Parking

Construction

General:
Vinyl Siding, Brick

Location

Originating MLS:
East Tennessee REALTORS® MLS
County:
Knox County - 1

Lot

Zoning:
013 165
View:
Country Setting

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Keller Williams Realty

About Corryton, TN

Housing

Number of Units
5,297
Median Home Value
$163,035
Median Rent
$715

15.27% of housing units are renter occupied.

6.49% are vacant.

Commute

Car
83.17%
Public Transportation
0.35%
Walk to Work
0.09%
Work from Home
16.29%
Other
0.05%

The median travel time to work is 27 minutes.

People

Population
12,733
Median Age
40.90
Median Household Size
2.77

Education

High School
38.03%
Associate’s Degree
10.68%
Bachelor’s Degree
12.75%
Graduate Degree
6.45%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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