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Listing Details

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1530 Woodland Avenue

Kingsport TN 37665

MLS #9986006 · Listing Courtesy of Holston Realty, Inc.

$865,000

Active

0.36

Acres

1950

Built

Photo of 1530 Woodland Avenue, Kingsport, TN 37665

Property Description

Investor Special - 6 Rental Units on Woodland Ave! Unique opportunity featuring a total of 6 income-producing units across 3 parcels in Kingsport, TN. 1530 Woodland Ave: 4BR/2BA all-brick home, 1,765 sq ft with full unfinished basement, heat pump, gas logs, on 0.36-acre lot. Rented for $950/mo. 1531 Woodland Ave: Four 2BR/1.5BA townhouse-style units, approx. 1,050 sq ft each. Each unit has separate heat pump, electric, and originally separate water meters (currently on one shared water meter w/water included in rent). Three units updated with new flooring, paint, appliances, and baths. 0.4-acre lot offers room to build more. Rented for $925, $925, $925, and $400/mo. 1530 ½ Woodland Ave: 2BR/1BA 600 sq ft all-brick home with two-car garage and heat pump. Rented for $800/mo. Total rent: $4,850/month. Strong rental history and room to expand make this a solid investment in a convenient location!

Property Facts

Property TypeMulti Family

Sub TypeMulti Family

MLS Number9986006

Lot Dimensions103X150

City Taxes$619.47

County Taxes$749.52

Elementary SchoolKennedy

Middle SchoolRobinson

High SchoolDobyns Bennett

Features & Amenities

Brick Exterior

Heat Pump

Level Lot

Public Water

Directions

From I81 exit 57B, head right on the ramp toward Kingsport. In 11 miles take the ramp on the right & follow signs for TN-36S. 0.2 miles turn right onto Lynn Garden Dr. In 0.7 miles turn right onto Woodland Ave.

Additional Information

Contract Info

ForeclosureNo

Easements

NoneYes

General Property Description

HOANo

Total Units0

ZoningR1B

Structure Type

Multi FamilyYes

Style

See RemarksYes

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