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

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Blue Ridge Properties Listing

2020 East Center Street, Kingsport, TN 37664 (MLS #9964153)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9964153

Lot Acreage: 0.09000

Living Area: 0

Year Built:1920

Elementary School: Lincoln

Middle School: Sevier

High School: Dobyns Bennett

Public Remarks: 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 Courtesy:Greater Impact Realty Jonesborough

More Listing Info:

AC:Window Unit(s): true

Appliances:See Remarks5: true

Basement:Concrete3: true

Basement:Sump Pump: true

Contract Info:Foreclosure: No

Easements:None12: true

Expenses Include:See Remarks39: true

Expenses Include:Utilities2: true

Exterior Features:See Remarks23: true

Exterior Finish:Brick4: true

Flooring:Carpet: true

Flooring:Laminate: true

Flooring:Vinyl: true

General Property Description:# Buildings: 1

General Property Description:# of Units: 11.0

General Property Description:Acres: 0.09

General Property Description:Elementary School3: Lincoln

General Property Description:High School3: Dobyns Bennett

General Property Description:HOA YN: No

General Property Description:Home Warranty2: No

General Property Description:Lot Dimensions: 25 X 145

General Property Description:Middle School2: Sevier

General Property Description:Stories2: 2

General Property Description:Total Units: 11

General Property Description:Zoning2: Commercial

Heating:Radiant: true

Info Available:Rental Rolls: true

Interior Features:See Remarks4: true

Levels:Two: true

Location Tax Legal Info:Block: 8

Location Tax Legal Info:City Taxes: 1580.26

Location Tax Legal Info:County Taxes: 1902.82

Location Tax Legal Info:Deed Book #: 3456

Location Tax Legal Info:Deed Page #: 899

Location Tax Legal Info:Lot #: P 6

Property Condition:Below Average: true

Remarks Misc:Directions3: On 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 Remarks2: 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!

Roof:Rubber: true

Sewer:Public Sewer: true

Structure Type:House: true

Style:See Remarks40: true

TopographyLot Description:Level2: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 2

Unit 1:# Units: 1

Unit 1:Monthly Rent: 700

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 1

Unit 2:# Units2: 6

Unit 2:Monthly Rent2: 650

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 1

Unit 3:# Units3: 3

Unit 3:Monthly Rent3: 550

Unit 4:# Bathrooms2: 1.0

Unit 4:# Bedrooms6: 1

Unit 4:# Units4: 1

Unit 4:Monthly Rent4: 450

Walls:Drywall: true

Walls:Paneling: true

Walls:Plaster: true

Water:Public: true