$373,900
$389,900
4.1%For more information regarding the value of a property, please contact us for a free consultation.
3,484 Sqft Lot
SOLD DATE : 07/20/2021
Key Details
Sold Price $373,900
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Kingsport Heights
MLS Listing ID 9922632
Sold Date 07/20/21
Style See Remarks
Originating Board Tennessee/Virginia Regional MLS
Year Built 1920
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 25 X 145
Property Description
BACK ON THE MARKET AT NO FAULT OF SELLER! ALL INSPECTIONS DONE AND PASSED, APPRAISAL DONE AND APPRAISED! GREAT DEAL. HURRY WON'T LAST LONG. GREAT INVESTMENT OPPORTUNITY.Historic building that has been used as a SUCCESSFUL apartment building for many years with 100% occupancy nearly all the time. 11 apartments. Apartments 4,5,6,7,8,9 outside rent for $650/ month, apartment 5 upstairs rents for $650/mo and apartment 2 and 4 upstairs rent for $550/mo. Apartment 3 which is just a small ''sleeping room'' has no kitchen and no separate bathroom (everything in one room) rents for $450/month. The manager apartment is free, but would easily rent for $750/month. All furniture and appliances remain. Nice brick building with wood handrailing. EXCELLENT income opportunity. Call today!
Location
State TN
County Sullivan
Community Kingsport Heights
Area 0.08
Zoning Commercial
Direction From Kingsport E. Center St. headed away from downtown, property is on the left, WELCOME! E. Center St. headed towards downtown, property is on the right just before Eastman Rd. intersection.
Interior
Interior Features See Remarks
Heating Steam
Cooling Window Unit(s)
Flooring Vinyl, Carpet, Laminate
Appliance See Remarks
Heat Source Steam
Exterior
Utilities Available Cable Available
Roof Type Rubber
Building
Lot Description Level
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Structure Type Brick,Plaster
New Construction No
Schools
Elementary Schools Lincoln
Middle Schools Sevier
High Schools Dobyns Bennett
Others
Senior Community No
Tax ID 061d E 013.00 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Brandon Paulus • Greater Impact Realty Jonesborough