Recent major renovations making for a great investment opportunity. Perfect for beginner as well as seasoned investors, no work needed and 100% occupied so you can immediately begin collecting rental income! Good income & occupancy history, easy to rent. Very low maintenance costs with brand new HVAC in all 4 units, all new vinyl siding, all updated windows-half brand new, updated electrical panels inside & out, metal roof only 5 years old. Each unit comes with a range and refrigerator, most new within the last few years. 4 units total, two top units are 2BR/1BA with laundry room, bottom two units are 1BR/1BA, no w/d hookups. Conveniently located to town, and local amenities. All units currently leased. 2 units with long term tenants on month to month with rent increase potential. Reported expenses include a property management fee that could be eliminated for those who self manage. Buyer pre-qualification letter or proof of funds required prior to any showings being scheduled.

  • MLS# 412829
  • Sub-Type Resale
  • Status Active
  • Year 1946
  • Days On Site 88
Property View Yes
Listing Provided By:
ROBIN SMITH  of  KELLER WILLIAMS - KINGSPORT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $154,900
82.24%
$85,000 in 37664
this listing 88 on site
125.64%
39 on site in 37664

Location

State TN
County SULLIVAN
City Kingsport
Zip Code 37664
Area Highland,Fairacres,Preston For

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