1858 Falling Waters Rd, Knoxville, TN 37922

Offset your mortgage payment with rent from a walk-out basement that is Airbnb ready and very profitable! Here you have enough room for the whole family PLUS an add'l living space in basement for a short term rental or an independent member of your household! Recent updates: new kitchen appliances (2024), fresh interior paint, gas water heater (2024), new carpet (2024), 7 new insulated window packs (2024). This 3-level home is located conveniently to Northshore Dr and Pellissippi Pkwy (I-140) for speedy access to ORNL, Amazon, Smith & Wesson, Clayton Homes, University of Tennessee and many other area employers! Within walking distance are grocery stores, restaurants, banks, great schools, and the Tennessee River. Inside, you can enjoy 5 bedrooms, 3.5 bathrooms including a basement apartment (1 bedroom, 1 bath, kitchen, living room) with a bonus room that can easily be used for a 6th bedroom. The apartment has an overnight rental revenue of approximately $1,500/mo which could be increased if the 6th bedroom were utilized. Polished concrete floors span the living room, kitchen (furnished with all SS appliances), bedroom and bathrooms of the basement, which has its own exterior access for your guests privacy and freedom. Additional spaces on the basement level include: utility garage and separate workshop under the deck. The main level of the home features a 2-car garage, traditional floor plan w/formal living room, dining room, family room half bath, kitchen and breakfast room overlooking the deck and level yard below. Upstairs, you will find new carpet throughout, 4 bedrooms (including the primary), 2.5 baths (1 walk-in shower, 1 tub, 1 shower/tub combo), and beautiful views of East Tennessee. Also, no HOA!!