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423-968-7653
Apple Realty and Auction
Multifamily

1725 Jefferson Ave, Kingsport, TN 37664

2 Story
FOR SALE
Price: $149,900  Price Per SqFt: List Date: 2019-05-15  DOM:  10
City Tax: $580 County Tax: $749Expenses Include: Water/SewerUtilities Expenses: $1,807
Year Built: 1946 About homes built before 1978
Lot Dimensions: 50 x 186.77 IRRTopography: Rolling, Sloping, Steep
Heating: Heat PumpCooling: Heat PumpWater & Sewage: Sewer-Public, Water-Public
Appliances: Refrigerator, Stove

Description

Recent major renovations making for a great investment opportunity. Perfect for beginner as well as seasoned investors, no work needed and 100% occupied so you can immediately begin collecting rental income! Good income & occupancy history, easy to rent. Very low maintenance costs with brand new HVAC in all 4 units, all new vinyl siding, all updated windows-half brand new, updated electrical panels inside & out, metal roof only 5 years old. Each unit comes with a range and refrigerator, most new within the last few years. 4 units total, two top units are 2BR/1BA with laundry room, bottom two units are 1BR/1BA, no w/d hookups. Conveniently located to town, and local amenities. All units currently leased. 2 units with long term tenants on month to month with rent increase potential. Reported expenses include a property management fee that could be eliminated for those who self manage.

Community Information

Geographical
Area: Highland, Fairacres, Preston For
County: Sullivan
Subdivision:
Zoning: Commercial/MF
School System
Jefferson Elementary
Robinson Middle
Dobyns Bennett High

Interior

Flooring: Carpet, Hardwood, Vinyl Basement & Foundation: Crawl Space  Other Features: Cable Ready, Counters-Laminate 

Exterior

Porch, Patio, Decking Detail:  Front, Patio, Porch Roof: Metal Exterior Finish: Vinyl Garage: None Other Exterior: Sidewalk

Photos

Listing by Kw Kingsport
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