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2020 East Center Street, Kingsport, TN 37664 - $499,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sub Type: MLS Number: 9964047
Living Area: 6,700 Lot Acreage: 0 Year Built: 1920
Elementary School: Middle School: High School:
Property Description
Calling all investors!! This 12 Bedroom 11 bath multi family home is exactly what you're looking for! This property is close to East Stone Drive and Dobyns-Bennett High School! Property needs some TLC but still cash flows, and can cash flow even more if fixed up. This building is 11 units bringing in $6,700 a month or $80,400 annually! Owner pays utilities, no HOA or CAM fees. This would be a perfect addition to your investment portfolio, schedule a showing today!
Listing Status
Active
  • More Listing Info
    AC:Window Unit(s)true
    Business Type:Residential2true
    Contract Info:ForeclosureNo
    Development Status:Other35true
    Electric Service:Other34true
    Exterior Finish:Brick4true
    General Property Description:# Restrooms11
    General Property Description:Acres0.09
    General Property Description:Annual Lease72600.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size225 X 145
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished6700.0
    General Property Description:Total SqFt Unfinished2100.0
    General Property Description:Zoning2Commercial
    Heating:Radianttrue
    Info Available:Rental Rolestrue
    Location Tax Legal Info:Block8
    Location Tax Legal Info:City Taxes1580.26
    Location Tax Legal Info:County Taxes1902.82
    Location Tax Legal Info:Deed Book #3456
    Location Tax Legal Info:Deed Page #899
    Location Tax Legal Info:Lot #P 6
    Other Equipment:Basement4true
    Property Condition:Below Averagetrue
    Remarks Misc:Directions3On I-26 W, take exit 4 for TN-92 S. Continue straight onto Old Wilcox Dr. Continue onto Sheridan Square/S Wilcox Dr. Turn Right onto E Center St. 2020 E Center St will be on the left.
    Remarks Misc:Public Remarks2Calling all investors!! This 12 Bedroom 11 bath multi family home is exactly what you're looking for! This property is close to East Stone Drive and Dobyns-Bennett High School! Property needs some TLC but still cash flows, and can cash flow even more if fixed up. This building is 11 units bringing in $6,700 a month or $80,400 annually! Owner pays utilities, no HOA or CAM fees. This would be a perfect addition to your investment portfolio, schedule a showing today!
    Restrictions:Other37true
    Road Access:City Streettrue
    Roof:Rubbertrue
    Sale Includes:Other38true
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Greater Impact Realty Jonesborough
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