Property Description

Listing Status

• More Listing Info

  AC:Central Air	true
  Appliances:Built-In Electric Oven	true
  Appliances:Dishwasher	true
  Appliances:Dryer	true
  Appliances:Microwave	true
  Appliances:Refrigerator	true
  Appliances:Washer	true
  Contract Info:Foreclosure	No
  Door Features:Wide Doors	true
  Easements:See Remarks18	true
  Exterior Finish:Brick4	true
  Exterior Finish:Stone5	true
  Flooring:Brick2	true
  Flooring:Ceramic Tile	true
  Flooring:Hardwood	true
  Flooring:Tile2	true
  Foundation:Concrete Perimeter	true
  General Property Description:# Buildings	1
  General Property Description:# of Units	3.0
  General Property Description:Acres	0.02
  General Property Description:Elementary School3	Lincoln
  General Property Description:High School3	Dobyns Bennett
  General Property Description:HOA YN	No
  General Property Description:Lot Dimensions	28.22 X 42.33 IRR
  General Property Description:Middle School2	Sevier
  General Property Description:Stories2	3
  General Property Description:Total Units	3
  General Property Description:Zoning2	B 2
  Heating:Central	true
  Income and Expenses:Annual Operating Expenses	4295
  Income and Expenses:Annual Utility Expenses	5424
  Income and Expenses:Gross Annual Income	55200
  Income and Expenses:Net Annual Income	45401
  Income and Expenses:Vacancy Rate %	100.0
  Info Available:Floor Plan	true
  Interior Features:2 Person Tub	true
  Interior Features:Eat-in Kitchen	true
  Interior Features:Granite Counters	true
  Interior Features:Open Floorplan	true
  Interior Features:Walk-In Closet(s)	true
  Laundry Features:Electric Dryer Hookup	true
  Laundry Features:Washer Hookup	true
  Levels:Three Or More	true
  Location Tax Legal Info:Block	156
  Location Tax Legal Info:City Taxes	783.72
  Location Tax Legal Info:County Taxes	753.63
  Location Tax Legal Info:Deed Book #	3549
  Location Tax Legal Info:Deed Page #	1032
  Location Tax Legal Info:Lot #	PT12
  Parking Features:Other13	true
  Property Condition:Above Average	true
  Remarks Misc:Directions3	Downtown Kingsport to Broad Street to Church Circle. Turn right onto East Sullivan Street, building will be on your right.
  Remarks Misc:Public Remarks7	Own a beautifully maintained, privately situated three-unit condo investment that is truly turn-key. Completely remodeled and featuring a brand-new roof, this property offers peace of mind along with modern style and quality. This exceptional property comes fully furnished, with all beautiful furniture and amazing appliances remaining -- allowing for immediate income potential from day one. Even better, it comes with an established and loyal clientele already in place, making this a seamless transition for any savvy investor. Each unit is thoughtfully designed and tastefully appointed, creating a warm, inviting atmosphere that keeps guests coming back time and time again. Whether you choose to continue operating as a successful short-term rental or explore long-term leasing options, the possibilities are both flexible and rewarding. These beautiful condos are not only located in the heart of Downtown Kingsport, but are also housed within a stunning, tall historic building-offering timeless character alongside modern comfort. Tucked away for privacy yet conveniently located near the vibrant charm of downtown, this property offers the perfect balance of seclusion and accessibility. Opportunities like this are incredibly rare-own not just real estate, but a thriving, income-producing asset from day one. Schedule your private showing today and step into a proven investment with endless potential!
  Roof:Rubber	true
  Security Features:Carbon Monoxide Detector(s)	true
  Security Features:Fire Alarm2	true
  Security Features:Firewall(s)	true
  Security Features:Smoke Detector(s)3	true
  Sewer:Public Sewer	true
  Structure Type:Multi Family	true
  Style:Other53	true
  TopographyLot Description:See Remarks	true
  Unit 1:# Bathrooms5	1.0
  Unit 1:# Bedrooms3	1
  Unit 1:# Rooms4	3
  Unit 1:Monthly Rent	1000
  Unit 1:SqFt6	923
  Unit 2:# Bathrooms4	1.0
  Unit 2:# Bedrooms4	1
  Unit 2:# Rooms3	3
  Unit 2:Monthly Rent2	1500
  Unit 2:SqFt5	1023
  Unit 3:# Bathrooms3	1.0
  Unit 3:# Bedrooms5	1
  Unit 3:# Rooms2	2
  Unit 3:Monthly Rent3	1500
  Unit 3:SqFt2	1023
  Utilities:Cable Available	true
  Utilities:Cable Connected2	true
  Utilities:Electricity Available	true
  Utilities:Electricity Connected	true
  Utilities:Fiber Available	true
  Utilities:Sewer Available	true
  Utilities:Sewer Connected	true
  Utilities:Water Available	true
  Utilities:Water Connected	true
  Walls:Drywall	true
  Water:Public	true
  Window Features:Double Pane Windows	true
  Videos:	(none)
  Virtual Tours:	(none)

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