Property Description

• More Listing Info

  AC:Window Unit(s)	true
  Appliances:See Remarks5	true
  Basement:Concrete3	true
  Basement:Dirt Floor	true
  Basement:Walk-Out Access	true
  Construction:Site Built2	true
  Contract Info:Foreclosure	No
  Easements:See Remarks18	true
  Exterior Features:See Remarks23	true
  Exterior Finish:See Remarks3	true
  Flooring:Carpet	true
  Flooring:Hardwood	true
  General Property Description:# Buildings	1
  General Property Description:# of Units	3.0
  General Property Description:Acres	0.0
  General Property Description:Elementary School3	Jackson
  General Property Description:High School3	Dobyns Bennett
  General Property Description:HOA YN	No
  General Property Description:Lot Dimensions	90 x 155
  General Property Description:Middle School2	Sevier
  General Property Description:Stories2	2
  General Property Description:Total Units	3
  General Property Description:Zoning2	R1C
  Heating:Baseboard	true
  Heating:Electric	true
  Interior Features:See Remarks4	true
  Laundry Features:Electric Dryer Hookup	true
  Laundry Features:Washer Hookup	true
  Levels:Two	true
  Location Tax Legal Info:Block	6
  Location Tax Legal Info:City Taxes	899.24
  Location Tax Legal Info:County Taxes	1082.79
  Location Tax Legal Info:Deed Book #	3590
  Location Tax Legal Info:Deed Page #	1014
  Location Tax Legal Info:Lot #	PT 1
  Parking Features:Gravel	true
  Parking Features:Parking Spaces	true
  Parking Features:See Remarks22	true
  PorchPatioDeck:Deck	true
  PorchPatioDeck:Front Porch	true
  PorchPatioDeck:Rear Porch	true
  PorchPatioDeck:Side Porch	true
  PorchPatioDeck:Wrap Around	true
  Property Condition:Fixer	true
  Property Condition:Under Construction	true
  Remarks Misc:Directions3	From Johnson City, I-26 take exit 1, turn right onto US-11W N/W Stone Drive, .1 Mile Turn right onto Fairview Ave, Property will be on the left. From Downtown Kingsport, Head NW on W Center St toward Clay St .9mi, Turn right onto W Sullivan St, and Continue straight onto Fairview Ave.
  Remarks Misc:Public Remarks2	ATTENTION INVESTORS: This converted triplex is a prime investment opportunity for savvy investors. The property boasts three units: a 3-bedroom, 1-bathroom unit and two 2-bedroom, 1-bathroom units, totaling 3,104 sq ft of living space on a level, corner lot of 13,950 sq ft. With easy access to the interstate, local dining, and shops, this property is conveniently situated within the Dobyns-Bennett school district and just two blocks from the bus line. Previously, Unit 2 was rented at $715/month, and Unit 3 was rented at $850/month. After renovation, the estimated total monthly income is projected to be between $3,100-$3,600, making it a lucrative investment opportunity. The property features all separate utilities: three electric meter bases, three natural gas connections, and three water meters for each unit, simplifying utility management and billing for tenants. Recent upgrades include a new main drain line to the city sewer, enhancing the functionality of the property. The first unit has also undergone extensive demolition, offering a blank canvas for further renovation or conversion into a single-family residence. Don't miss the chance to add this promising investment property to your portfolio in the thriving Kingsport real estate market. Schedule a showing today and discover the potential of 601 Fairview Ave. Information compiled from multiple sources and deemed reliable, but not guaranteed; buyer and/or buyer's agent should verify all details.
  Roof:Asphalt	true
  Roof:Shingle	true
  Sewer:Public Sewer	true
  Style:See Remarks2	true
  TopographyLot Description:Level2	true
  TopographyLot Description:See Remarks	true
  Unit 1:# Bathrooms5	1.0
  Unit 1:# Bedrooms3	3
  Unit 1:# Units	1
  Unit 1:SqFt6	1694
  Unit 2:# Bathrooms4	1.0
  Unit 2:# Bedrooms4	2
  Unit 2:Monthly Rent2	715
  Unit 2:SqFt5	705
  Unit 3:# Bathrooms3	1.0
  Unit 3:# Bedrooms5	2
  Unit 3:SqFt2	705
  Walls:Drywall	true
  Walls:Other24	true
  Walls:Plaster	true
  Walls:See Remarks14	true
  Walls:UnfinishedFramed	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

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