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2783 Island Road, Blountville, TN 37617 - $240,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9997190
Living Area: 0 Lot Acreage: 1 Year Built: 1948
Elementary School: Central Heights Middle School: Sullivan High School: West Ridge
Property Description
Investment Opportunity in the Heart of Blountville! Centrally located in Blountville, this versatile mixed-use property offers multiple income streams and excellent potential for investors. The property features three residential rental units, each offering 2 bedrooms and 1 full bathroom. Two units are equipped with efficient heat pumps, while the third utilizes baseboard heat and window units. Two of the residential units share a common laundry area, while the third enjoys its own private laundry space. Adding to the property's value is a retail/office lease space fronting Highway 394, providing excellent visibility and accessibility. The commercial space includes a restroom and is ideal for a variety of business uses. With a desirable central location, established rental potential, and both residential and commercial income opportunities, this property presents a rare chance to expand your investment portfolio in the growing Blountville market. Don't miss this unique multi-unit, mixed-use property with strong income-producing potential.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    AC:Window Unit(s)true
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Block5true
    Exterior Finish:Frametrue
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Carpettrue
    General Property Description:Acres0.51
    General Property Description:Elementary School3Central Heights
    General Property Description:High School3West Ridge
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot DimensionsSee tax records
    General Property Description:Middle School2Sullivan
    General Property Description:Total Units4
    General Property Description:Zoning2B 1
    Heating:Baseboardtrue
    Heating:Heat Pump2true
    Interior Features:See Remarks4true
    Levels:Twotrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes935.48
    Location Tax Legal Info:Deed Book #3403
    Location Tax Legal Info:Deed Page #2393
    Property Condition:Averagetrue
    Remarks Misc:Directions3I81 to Exit 69, turn onto Highway 394 toward Kingsport. The building is on the west corner of Highway 394 and Island Road.
    Remarks Misc:Public Remarks7Investment Opportunity in the Heart of Blountville! Centrally located in Blountville, this versatile mixed-use property offers multiple income streams and excellent potential for investors. The property features three residential rental units, each offering 2 bedrooms and 1 full bathroom. Two units are equipped with efficient heat pumps, while the third utilizes baseboard heat and window units. Two of the residential units share a common laundry area, while the third enjoys its own private laundry space. Adding to the property's value is a retail/office lease space fronting Highway 394, providing excellent visibility and accessibility. The commercial space includes a restroom and is ideal for a variety of business uses. With a desirable central location, established rental potential, and both residential and commercial income opportunities, this property presents a rare chance to expand your investment portfolio in the growing Blountville market. Don't miss this unique multi-unit, mixed-use property with strong income-producing potential.
    Roof:Compositiontrue
    Sewer:Septic Tanktrue
    Structure Type:Housetrue
    Style:See Remarks40true
    TopographyLot Description:Rolling Slopetrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Units2
    Unit 1:Monthly Rent650
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Units21
    Unit 2:Monthly Rent21200
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 3:# Units31
    Unit 3:Monthly Rent3600
    Unit 3:SqFt2600
    Unit 4:# Units40
    Utilities:Cable Availabletrue
    Walls:Drywalltrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Platinum Properties, Powell, Realtors
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