$294,000
$300,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
2,240 SqFt
SOLD DATE : 09/30/2022
Key Details
Sold Price $294,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $131
Subdivision City Of Kingsport
MLS Listing ID 9940287
Sold Date 09/30/22
Originating Board Tennessee/Virginia Regional MLS
Year Built 1933
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 50 X 138.32
Property Description
Completely remodeled 4 unit complex in downtown Kingsport. This building features 4 one bedroom one bathroom units that are all currently rented (outside of one unit being owner occupied). Each unit has its own 12000 BTU 230 Volt (1 ton) mini split for heating and cooling. Units rent for $650 per month as well as a back parking space that the owner rents to a local business for $40 per month. Price reflects the ability to immediately cash flow on this property.
Location
State TN
County Sullivan
Community City Of Kingsport
Area 0.19
Zoning Commercial
Direction Center St.to right on Mapleoak Dr., building on left, see sign. (GPS Friendly)
Interior
Heating See Remarks
Cooling See Remarks
Flooring Vinyl, Plank
Window Features Double Pane Windows
Appliance Range, Refrigerator
Heat Source See Remarks
Exterior
Roof Type Shingle
Building
Lot Description Level
Entry Level Two
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Lincoln
Middle Schools Sevier
High Schools Dobyns Bennett
Others
Senior Community No
Tax ID 046o B 043.00
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Bought with Kelly Johnson • Fathom Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "