116 S Gay St, APT M106, Knoxville, TN 37902

$550,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,260 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $550,000 List Date: 1/10/2023 Last Modified: 3/06/2023

Description

The Sterchi Building located at 116 S Gay Street was originally the home of Sterchi Brothers Furniture headquarters, it also served as the largest Wholesale furniture center in the Southeast for decades. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units. In 2021 unit M106 was updated with a full renovation, the conversion consists of several significant upgrades including: - new energy efficient ''Samsung'' appliances - modern HVAC units - designer-quality light fixtures - quartz countertops, deep stainless steel sinks, commercial grade kitchen faucets, - New bathroom fixtures, and Roca (Spanish) tile in the showers and tub surrounds. The condo complex offers a full gym and a 10th-story rooftop deck that offers beautiful views of

Supplements: the city of Knoxville and the Great Smokey Mountains. There is also optional building storage and off-street parking available. You'll have no shortage of options when you want to get out on the town as Sterchi Lofts is just steps away from numerous entertainment venues, restaurants, bars, coffee shops, boutiques, galleries, and more!

More Information MLS# 1215083

Location, Tax & Legal Info

House #: 116 St Dir: S Street Name: Gay St Suffix: St Unit #: APT M106 State/Province: TN Zip Code: 37902 Property Sub-Type: Condominium Area: Knox County - 1 City/County Code: City Limits PIN #: 094EG04300K Subdivision: Sterchi Lofts Condos Unit M106 Total Tax: 1433.58 Geo Lat: 35.968501 Geo Lon: -83.919986

Contract Info

Auction Y/N: No Listing Price: 560000 Current Price: $550,000 Status: Closed Listing Date: 2023-01-10 Cooperation Comp: 2.4 Compensation Type: %

General Property Description

Type: High Rise Acres: 0.06 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1260 SqFt - Main Lvl: 1260 # Bedrooms: 3 Baths - Full: 2 # of Rooms: 5 Fireplace: No Property Status: N/A HOA: Mandatory HOA Fee: 303.11 HOA Freq: Monthly HOA Contact: Sterchi Lofts HOA 865-673-6300 Year Built: 1920 Bonus Room: No

Remarks & Misc

Directions: Located in the Sterchi Lofts Building on the beautiful historic 100 Block of Gay Street between Summit Hill and Jackson Avenue. Just steps away from numerous entertainment venues, restaurants, bars, coffee shops, boutiques, galleries, and more! The new baseball stadium will be just a short walk away when it is completed! Public Remarks: The Sterchi Building located at 116 S Gay Street was originally the home of Sterchi Brothers Furniture headquarters, it also served as the largest Wholesale furniture center in the Southeast for decades. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units. In 2021 unit M106 was updated with a full renovation, the conversion consists of several significant upgrades including: - new energy efficient ''Samsung'' appliances - modern HVAC units - designer-quality light fixtures - quartz countertops, deep stainless steel sinks, commercial grade kitchen faucets, - New bathroom fixtures, and Roca (Spanish) tile in the showers and tub surrounds. The condo complex offers a full gym and a 10th-story rooftop deck that offers beautiful views of

Status Change Info

Status Change Date: 2023-03-06 Under Contract Date: 2023-02-05 Sold Date: 2023-03-06 Sold Price: $550,000

Property Features

Atchd/Dtchd Type: Attached Style: Historic Construction: Masonry Garage/Parking: Off-Street Parking; Other Basement: None Lot Description: Other View: Mountain View Fireplace: None Floors: Other Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Self Cleaning Oven; Smoke Detector Sewer: Public Sewer Water: Public Misc Features: Elevator; Internet Available; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Windows - Aluminum Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Elevator; Exercise Room; Sidewalks Association Fee Incl: Association Ins; Building Exterior; Fire Protection; Grounds Maintenance; Pest Contract; Sewer Showing: See Agent Instructns New Financing: Alternative; Call Listing Agent; Cash; Exchange; Other
Listing Office: Terminus Real Estate, Inc.
Office Phone: 865-673-6300
Last Updated: March - 06 - 2023
116 S Gay St, APT M106, Knoxville, TN 37902- MLS# 1215083
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.