3714 Memorial Boulevard , #0

    Kingsport, TN 37664
    • $1,200,000
    • STATUS: Active
    • ON SITE: 47 days
    • MLS #: 427718
    UPDATED: 53 min ago
    $1,200,000
    • 0
      BEDS
    • 4.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    ***Please call List Agent for all Showings 423-737-0001*** Heres the opportunity youve been waiting for! Break into the highly desirable Kingsport rental market with this unique property. 26 total units comprised of 19 studio apartments, two 1 bedrooms, a 2 bedroom unit with 3 car drive under garage, a 4 bedroom 3 bath vintage home with a 2 bedroom separate addition, and a duplex with 2 two bedroom townhouse units. Something for everyone! Owner agent, all info obtained from CRS Buyer/buyers agent to confirm all information.CAP Rate is 9.06%!!Well established property in convenient location. Property is in excellent condition, has a great rental history and low vacancy rate. This one wont last long! Call today for more information and to schedule a showing.

    Monthly Payment Calculator



    © 2019 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2019-11-11T21:59:50.53.
    www.highlandsrealtyinc.com/homes/99280715

    3714 Memorial Boulevard , #0 Kingsport, TN 37664

    • Price: $1,200,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 427718
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.7
    Acres
    1986
    Built
    Neighborhood:
    City/East,Indian Springs,India
    County:
    Sullivan
    Area:
    City/East,Indian Springs,India
    Elementary School:
    Johnson
    Middle School:
    Robinson
    High School:
    Dobyns Bennett
    Property Description
    ***Please call List Agent for all Showings 423-737-0001*** Heres the opportunity youve been waiting for! Break into the highly desirable Kingsport rental market with this unique property. 26 total units comprised of 19 studio apartments, two 1 bedrooms, a 2 bedroom unit with 3 car drive under garage, a 4 bedroom 3 bath vintage home with a 2 bedroom separate addition, and a duplex with 2 two bedroom townhouse units. Something for everyone! Owner agent, all info obtained from CRS Buyer/buyers agent to confirm all information.CAP Rate is 9.06%!!Well established property in convenient location. Property is in excellent condition, has a great rental history and low vacancy rate. This one wont last long! Call today for more information and to schedule a showing.
    Exterior Features

    Exterior Finish BrickVinyl Siding Lot Dimensions 4.7 Acres Style 1 StoryDuplex

    Interior Features

    Ac OtherSee Remarks

    Property Features

    Auction No City Taxes 5753.57 County Taxes 7428.66 Easements None Expenses Include All UtilitiesProperty Management Financing CashConventional Foreclosure No Income And Expenses Annual Operating Expenses 26292 Income And Expenses Gross Annual Income 135108 Income And Expenses Net Annual Income 108816 Property Sub Type Multi-Family Short Sale No Zoning Multi Family

    Listing information © 2019 Tennessee/Virginia Regional MLS.
    Listing provided courtesy of Mark Dishman Ii of Crye-Leike Realtors.



    © 2019 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2019-11-11T21:59:50.53.
     
    Highlands Realty, Inc.
    461 W. Main St.
    Abingdon VA, 24210