Great investment opportunity on Fort Henry Lake with amazing views. 2 of the 4 units are occupied and tenants pay $550/ each. All units have 2 bedrooms and 1 bathroom, a spacious open concept living room and kitchen, and each have their own sliding doors that open up to a deck/ patio area that overlooks the beautiful lake. There is ample parking. Each unit has their own electric meter. The owner pays for trash and water. Property is being sold As Is.
6 Multi Family Homes For Sale in Kingsport, TN
Check out this property with 2 homes on 2.85 acres (tax records). Both homes are being sold as 1 unit. Great investment property for rentals or ideal for 2 families. 4176 Ridge Road, (with 1537 sq ft) has 3 bedrooms and 2 baths, newer roof, has been mostly gutted, with new flooring and new carpet, new heat pump, new wiring, new plumbing, new windows, new dishwasher and microwave, new soffit and vinyl, insulation added to walls and attic. The second home (4176A) with about 851 sq ft is one level, 3 bedroom, 1 bath, and newer heat pump is currently rented. Viewing for this home will need to be by appointment.
***THIS (4) UNIT COMPLEX IS ''BEING SOLD AS IS'' LOCATED IN KINGSPORT. THERE IS (4) UNITS; (2) 3BR, 1BA UNITS THAT RENTS FOR $600.00 PER MONTH; (2) 1 BR, 1BA UNITS THAT RENT FOR $300.00 PER MONTH; THE EXTERIOR IS BRICK; PARKING SPACES AVAILABLE IN THE FRONT OF THE BUILDING. ***BEING ''SOLD AS IS'' (48 HOUR NOTICE IS REQUIRED TO SHOW THE COMPLEX, TENANTS ARE IN ALL FOUR UNITS)
Possible Investment Property. 2 Units, house is 4 bedroom 1 bath, garage apartment is 1 bedroom 1 bath. The house curently rents for $625. The garage apartment rents for $375. Both share a private-septic.
Rare Find...One Owner....Wonderful one level living with amazing views from sunroom. This 2 bedroom, 2 bath is move in ready and has additional storage in crawl space. Must see!!
For more information, contact Boyd 'Mark' Dishman at (423) 737-0001. Visit http://www.crye-leike.com/johnsoncity/427718 to view more pictures of this property. ***Please call List Agent for all Showings 423-737-0001*** Heres the opportunity youve been waiting for! Break into the highly desirable Kingsport rental market with this unique property. 26 total units comprised of 19 studio apartments, two 1 bedrooms, a 2 bedroom unit with 3 car drive under garage, a 4 bedroom 3 bath vintage home with a 2 bedroom separate addition, and a duplex with 2 two bedroom townhouse units. Something for everyone! Owner agent, all info obtained from CRS Buyer/buyers agent to confirm all information.CAP Rate is 9.06%!!Well established property in convenient location. Property is in excellent condition, has a great rental history and low vacancy rate. This one wont last long! Call today for more information and to schedule a showing.