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629 Branch Street
Kingsport TN 37660
MLS #10000786 · Listing Courtesy of Greater Impact Realty Jonesborough
$299,900
Active
0.3
Acres
2
Garage
1920
Built
Property Description
Investment opportunity in Kingsport! 629 Branch St offers a unique and versatile two-unit setup with a strong rental history and excellent income potential. The property features a spacious 4-bedroom, 2.5-bath main residence along with a separate studio apartment with a full bath, providing multiple options for an investor or owner-occupant.
The property has a proven history as an income-producing rental, with both units consistently attracting tenants. The main residence is currently rented for $2,500 per month, while the studio is currently rented for $1,300 per month, generating a combined gross rental income of $3,800 per month.
Each unit offers its own private living space and laundry, making the property well suited for a two-unit investment. For an owner-occupant, the layout also creates an excellent house-hack opportunity--live in the main residence while generating supplemental income from the studio. The additional unit could also provide flexible space for extended family, guests, or multi-generational living.
Conveniently located near Downtown Kingsport, Eastman, shopping, dining, and major roadways, this property combines accessibility, versatility, and an established rental history. Rent rolls and operating expense information are available upon request. Seller currently pays utilities.
Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied income opportunity, 629 Branch St offers multiple possibilities for its next owner.
Property is being sold as-is. Buyer/Buyer's Agent to verify all information.
Property Facts
Property TypeMulti Family
Sub TypeDuplex
MLS Number10000786
Lot Dimensions81.1 X 127.41 IRR
City Taxes$808.88
County Taxes$777.82
Elementary SchoolJackson
Middle SchoolSevier
High SchoolDobyns Bennett
Features & Amenities
Interior
2nd Kitchen
Carpet Flooring
Central Air
Central Heating
Crawl Space Foundation
Drywall Walls
Electric Range
Hardwood Flooring
Heat Pump
In Law Suite
Laminate Flooring
Microwave
Natural Gas Heating
One-Level
Refrigerator
Two-Level
Wall Unit(s)
Exterior
Asphalt Roof
Detached
Driveway
Duplex
Garage(s)
Level Lot
Patio
Shingle Roof
Vinyl Siding Exterior
Other
Average Condition
Public Sewer
Public Water
Directions
From Downtown Kingsport, follow W Center St. to Right on Roller st. Follow Roller St. to left on Branch St. Property is on the left.
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Additional Information
Contract InfoForeclosureNoEasementsNoneYesExterior FinishOtherYesGeneral Property DescriptionHOANoSenior CommunityNoTotal Units2ZoningR 4Location Tax Legal InfoBlock39Deed Book #3,017Deed Page #1,806Lot #11Structure TypeDuplexYesHouseYesUnit 1# Bathrooms2# Bedrooms4# Half Baths1Monthly Rent2,500SqFt1,536Unit 2# Bathrooms1# Bedrooms1Monthly Rent1,300SqFt576
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