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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: Multi Family Sub Type: Multi Family MLS Number: 9964153
Living Area: 0 Lot Acreage: 0 Year Built: 1920
Elementary School: Lincoln Middle School: Sevier High School: Dobyns Bennett
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
    Appliances:See Remarks5true
    Basement:Concrete3true
    Basement:Sump Pumptrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Expenses Include:See Remarks39true
    Expenses Include:Utilities2true
    Exterior Features:See Remarks23true
    Exterior Finish:Brick4true
    Flooring:Carpettrue
    Flooring:Laminatetrue
    Flooring:Vinyltrue
    General Property Description:# Buildings1
    General Property Description:# of Units11.0
    General Property Description:Acres0.09
    General Property Description:Elementary School3Lincoln
    General Property Description:High School3Dobyns Bennett
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions25 X 145
    General Property Description:Middle School2Sevier
    General Property Description:Stories22
    General Property Description:Total Units11
    General Property Description:Zoning2Commercial
    Heating:Radianttrue
    Info Available:Rental Rollstrue
    Interior Features:See Remarks4true
    Levels:Twotrue
    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
    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!
    Roof:Rubbertrue
    Sewer:Public Sewertrue
    Structure Type:Housetrue
    Style:See Remarks40true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Units1
    Unit 1:Monthly Rent700
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms41
    Unit 2:# Units26
    Unit 2:Monthly Rent2650
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms51
    Unit 3:# Units33
    Unit 3:Monthly Rent3550
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms61
    Unit 4:# Units41
    Unit 4:Monthly Rent4450
    Walls:Drywalltrue
    Walls:Panelingtrue
    Walls:Plastertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Greater Impact Realty Jonesborough
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