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2000 Netherland Inn Road
Kingsport TN 37660
MLS #10001173 · Listing Courtesy of Wallace
$1,149,000
Active
18
Beds
18
Baths
10,678
Sq Ft
0.6
Acres
1937
Built
Property Description
Exceptional investment opportunity in the heart of Kingsport. Originally constructed as Riverfront Hospital, the city's first hospital, this historic apartment building has been thoughtfully updated while retaining its unique character.
The property offers 10 residential units, including eight 2-bedroom apartments and two 1-bedroom apartments. Tenants are responsible for their own electric and water utilities. Overlooking the Holston River and Riverfront Park, the location is one of the property's greatest assets, providing both scenic views and convenient access to downtown amenities.
Major capital improvements have already been completed. Approximately eight of the ten units were extensively renovated. During the renovations, much of the original plumbing was replaced. There are new appliances throughout many of the units, including washers and dryers in select apartments.
This is a rare opportunity to acquire a historic, income-producing property with significant updates already completed in one of Kingsport's most desirable riverfront locations.
Property Facts
Property TypeResidential
Sub TypeSingle Family Residence
MLS Number10001173
Above Grade Sq Ft9,348
Lot Dimensions26,136'
City Taxes$4,314.02
County Taxes$4,148.38
Basement Sq Ft1,330
Garage Sq Ft0
Elementary SchoolWashington
Middle SchoolSevier
High SchoolDobyns Bennett
Features & Amenities
Interior
Drywall Walls
Heat Pump
Paneling Walls
Exterior
Brick Exterior
Historic
Shingle Roof
Sloped Lot
Other
Above Average Condition
Public Sewer
Public Water
Directions
From I-81, take Exit 59A onto I-26 W/US-23 N toward Kingsport. Take Exit 1 (West Stone Dr), continue east, turn right onto Center St., then left onto Netherland Inn Rd. Continue approximately 1 mile. Property is on the right overlooking the Holston River.
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Additional Information
Contract InfoForeclosureNoGeneral Property DescriptionDeed Book3,464Deed Page968HOANoHome WarrantyNoLot Number2-3Total Rooms38Total Finished SqFt10,678Unfinished SqFt0ZoningPVDSqFt DetailsFinished SqFt Level 14,674Finished SqFt Level 24,674Structure TypeMulti FamilyYes
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