Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9972406

Lot Acreage: 10.60000

Living Area: 0

Year Built:1989

Elementary School: Washington-Kingsport City

Middle School: Sevier

High School: Dobyns Bennett

Public Remarks: Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the rear of the building, each unit has deck or patio. Plenty of parking in the front, 4 units have one-car garage.

Listing Courtesy:Southern Dwellings

More Listing Info:

AC:Heat Pump3: true

Appliances:Dishwasher: true

Appliances:Disposal: true

Appliances:Range: true

Appliances:Refrigerator: true

Basement:Crawl Space: true

Contract Info:Foreclosure: No

Easements:Other7: true

Expenses Include:Lawn Maint: true

Expenses Include:Repairs and Maint: true

Expenses Include:Taxes Real Estate: true

Expenses Include:Waste: true

Exterior Features:Balcony: true

Exterior Finish:Brick4: true

Exterior Finish:Vinyl Siding: true

Fencing:Privacy: true

Fireplace:Living Room: true

Flooring:Carpet: true

Flooring:Ceramic Tile: true

Flooring:Luxury Vinyl: true

Garage:Garage Spaces: 4

General Property Description:# Buildings: 1

General Property Description:# Fireplaces: 4

General Property Description:# of Units: 8.0

General Property Description:Acres: 10.6

General Property Description:Elementary School3: Washington-Kingsport City

General Property Description:High School3: Dobyns Bennett

General Property Description:HOA YN: No

General Property Description:Home Warranty2: No

General Property Description:Lot Dimensions: see acres

General Property Description:Middle School2: Sevier

General Property Description:Senior Community YN3: No

General Property Description:Stories2: 2

General Property Description:Total Units: 8

General Property Description:Zoning2: R 3

Heating:Heat Pump2: true

Income and Expenses:Gross Annual Income: 100200

Income and Expenses:Vacancy Rate %: 0.0

Info Available:Aerial: true

Info Available:Floor Plan: true

Info Available:Rental Rolls: true

Info Available:Survey2: true

Interior Features:Eat-in Kitchen: true

Interior Features:Laminate Counters: true

Laundry Features:Electric Dryer Hookup: true

Laundry Features:Washer Hookup: true

Levels:One: true

Levels:Two: true

Location Tax Legal Info:City Taxes: 5659.68

Location Tax Legal Info:County Taxes: 6814.97

Location Tax Legal Info:Deed Book #: 3171

Location Tax Legal Info:Deed Page #: 1670

Location Tax Legal Info:Unit #: 401-415

Parking Features:Asphalt2: true

PorchPatioDeck:Covered: true

PorchPatioDeck:Deck: true

PorchPatioDeck:Rear Patio: true

Property Condition:Above Average: true

Remarks Misc:Directions3: Downtown Kingsport to Netherland Inn Rd to left on Ridgefields Rd. Left on Eastley to left on Parkridge.

Remarks Misc:Public Remarks2: Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the rear of the building, each unit has deck or patio. Plenty of parking in the front, 4 units have one-car garage.

Sewer:Public Sewer: true

Structure Type:Multi Family: true

Structure Type:Townhouse3: true

Style:Contemporary3: true

Style:Townhouse2: true

TopographyLot Description:Level2: true

TopographyLot Description:Part Wooded: true

TopographyLot Description:Sloped: true

Unit 1:# Bathrooms5: 2.0

Unit 1:# Bedrooms3: 2

Unit 1:# Half Baths: 4.0

Unit 1:# Units: 2

Unit 1:SqFt6: 2200

Unit 2:# Bathrooms4: 2.0

Unit 2:# Bedrooms4: 3

Unit 2:# Units2: 2

Unit 2:SqFt5: 3000

Unit 3:# Bathrooms3: 4.0

Unit 3:# Bedrooms5: 2

Unit 3:# Units3: 4

Unit 3:Half Baths: 4.0

Unit 3:SqFt2: 4400

Unit 4:# Units4: 0

Utilities:Electricity Connected: true

Utilities:Sewer Connected: true

Utilities:Water Connected: true

View:Mountain(s): true

Walls:Drywall: true

Water:Public: true

Window Features:Insulated Windows: true