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116 Highland Avenue

Church Hill TN 37642
MLS #10002433 · Listing Courtesy of KW Bristol
$749,900
Active
2,304
Sq Ft
1978
Built
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Property Description
Brick 10-Plex in Church Hill provides a great value and opportunity for an investor looking to expand their portfolio. Eight 1 bedroom, 1 bath units at the front of the building. All units are move in ready with new paint, newer flooring, and some have newer appliances. Roof was put on in 2020. All the doors have been painted. New steps and decking done to the upstairs units and have been stained. The monthly income could be up to $5600+ The rear of the building includes 2304 sq. ft. of unfinished and semi-finished space for income producing improvements including a 2-bedroom 1.5 bath unit in need of renovation, a framed 1 bedroom, 1 bath unit, and an additional space for an on-site laundry. Once finished that could add an additional $1800+ a month income. Separate Electric meters. Owner pays water, lawn care and trash. Each unit is approx 576 sq ft. Property Information taken from tax records and third-party sources. Buyer's agent to verify all information. Buyers NEED to be pre approved before viewing.
Property Facts
Property TypeCommercial Sale
MLS Number10002433
City Taxes$1,273.81
County Taxes$3,221.86
Features & Amenities
Interior
Dumpster
Heat Pump
Exterior
Brick Exterior
Cleared
Composition Roof
County Road
Shingle Roof
Other
Above Average Condition
Business Only
Public Sewer
Public Water
Rental Rolls
Residential
Directions
Follow US-11W from Kingsport to Silver Lake Rd. Turn Right on Silver Lake Rd. Turn Left onto East Main Blvd. Follow to Highland Ave. Turn Left on Highland Avenue and property is at the top of the Hill. See sign
  • Additional Information
    Contract Info
    ForeclosureNo
    Easements
    NoneYes
    Electric Service
    OtherYes
    General Property Description
    # Parking Spaces10
    Annual Lease0
    HOANo
    LeaseNo
    Lot Size150 x 141 irr
    Stories2
    Total Finished SqFt2,304
    Unfinished SqFt3,264
    ZoningR-1
    Location Tax Legal Info
    Block4
    Deed Book #1,521
    Deed Page #371
    Lot #1
    Restrictions
    OtherYes
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