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629 Branch Street, Kingsport, TN 37660 - $369,000

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Bedrooms: 5 Full Bathrooms: 3 Half Bathrooms: 0
Type: Residential Sub Type: Single Family Residence MLS Number: 9989446
Living Area: 2,112 Lot Acreage: 0 Year Built: 1920
Elementary School: Jackson Middle School: Sevier High School: Dobyns Bennett
Property Description
Unique Duplex Opportunity - Income-Producing Property This non-traditional duplex offers exceptional flexibility and income potential. The property is currently configured as a spacious four-bedroom, two-and-a-half-bath residence along with a separate one-bedroom, one-bath apartment. The property presently generates $3,500 per month in rental income, with potential for increased returns under new ownership and updated lease terms. Long-term tenants are in place and would prefer to remain, providing immediate cash flow for investors. For owner-occupants, this property presents a versatile living arrangement—occupy the main four-bedroom home while utilizing the apartment as a rental, guest suite, or private living space for an elderly parent or college-aged family member. An excellent opportunity for both investors seeking steady income and homeowners looking for multi-generational or supplemental-income living. With an accepted offer, current owner will replace the roof within 30 days of closing. Buyer and buyer agent to verify all information. Information from seller and CRS.
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    AC:Wall Unit(s)true
    Appliances:Electric Rangetrue
    Appliances:Microwavetrue
    Appliances:Refrigeratortrue
    Basement:Crawl Spacetrue
    Contract Info:ForeclosureNo
    Exterior Finish:Other16true
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Carpettrue
    Flooring:Laminatetrue
    Garage:Garage Spaces2
    General Property Description:Above Grade SqFt2112.0
    General Property Description:Acres0.3
    General Property Description:Baths - Full3
    General Property Description:Block239
    General Property Description:Deed Book #23017
    General Property Description:Deed Page #21806
    General Property Description:Elementary School3Jackson
    General Property Description:High School3Dobyns Bennett
    General Property Description:HOA YNNo
    General Property Description:Home WarrantyNo
    General Property Description:Lot #211
    General Property Description:Lot Dimensions81.1 X 127.41 IRR
    General Property Description:Middle School2Sevier
    General Property Description:Senior Community YN3No
    General Property Description:Total Rooms27
    General Property Description:Total SqFt Finished2112.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2R4
    Heating:Centraltrue
    Levels:Onetrue
    Levels:Twotrue
    Location Tax Legal Info:City Taxes808.88
    Location Tax Legal Info:County Taxes777.82
    Other Rooms:2nd Kitchentrue
    Other Rooms:In Law Suitetrue
    Other Structures:Garage(s)true
    Parking Features:Detachedtrue
    Parking Features:Drivewaytrue
    PorchPatioDeck:Patiotrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3From Downtown Kingsport, Center Street towards Food City. Right on Roller Street. Left Onto Branch Street. 629 Branch Street Kingsport, TN.
    Remarks Misc:userdefined80Unique Duplex Opportunity - Income-Producing Property This non-traditional duplex offers exceptional flexibility and income potential. The property is currently configured as a spacious four-bedroom, two-and-a-half-bath residence along with a separate one-bedroom, one-bath apartment. The property presently generates $3,500 per month in rental income, with potential for increased returns under new ownership and updated lease terms. Long-term tenants are in place and would prefer to remain, providing immediate cash flow for investors. For owner-occupants, this property presents a versatile living arrangement—occupy the main four-bedroom home while utilizing the apartment as a rental, guest suite, or private living space for an elderly parent or college-aged family member. An excellent opportunity for both investors seeking steady income and homeowners looking for multi-generational or supplemental-income living. With an accepted offer, current owner will replace the roof within 30 days of closing. Buyer and buyer agent to verify all information. Information from seller and CRS.
    Roof:Asphalttrue
    Roof:Shingletrue
    Sewer:Public Sewertrue
    SqFt Details:Basement Total SqFt0
    SqFt Details:Finished SqFt Level 12112
    SqFt Details:Garage Total SqFt0
    Structure Type:Duplex3true
    Structure Type:Housetrue
    Style:Duplextrue
    TopographyLot Description:Other18true
    Walls:Drywalltrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Realty ONE Group Home Team
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