3714 Memorial Blvd

$1,200,000, 4.7 Acres

About This Property

***Please call List Agent for all Showings 423-737-0001*** Hereâs the opportunity youâve been waiting for! Break into the highly desirable Kingsport rental market with this unique property. 26 total units comprised of 19 studio apartments, two 1 bedrooms, a 2 bedroom unit with 3 car drive under garage, a 4 bedroom 3 bath vintage home with a 2 bedroom separate addition, and a duplex with 2 two bedroom townhouse units. Something for everyone! Owner agent, all info obtained from CRS Buyer/buyers agent to confirm all information.CAP Rate is 9.06%!!Well established property in convenient location. Property is in excellent condition, has a great rental history and low vacancy rate. This one wonât last long! Call today for more information and to schedule a showing.

Essential Information

MLS® #427718
Price$1,200,000
Acres4.70
Year Built1986
TypeMulti-Family
Sub-TypeApt. Complex
Style1 Story, Duplex
StatusActive

Community Information

Address3714 Memorial Blvd
AreaCity/East,Indian Springs,India
CityKingsport
CountySULLIVAN
StateTENNESSEE
Zip Code37664

Interior

CoolingOther See Remarks

Exterior

ExteriorBrick, Vinyl
Lot Description4.7 acres

School Information

ElementaryJOHNSON
MiddleROBINSON
HighDOBYNS BENNETT

Additional Information

Date ListedSeptember 24th, 2019
ZoningMulti Family

Listing Details

Listing Courtesy ofCRYE-LEIKE REALTORS

Get directions to this property:

Copyright 2019 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed October 20th, 2019 at 2:08am

Have a Question?

Contact Us

Follow Us