3714 Memorial Boulevard, Kingsport

$1,100,000

0 Beds
0 Baths
4.7 Acres
0 Garages

***Please call List Agent for all Showings 423-737-0001*** Heres the opportunity youve 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 wont last long! Call today for more information and to schedule a showing.

Essential Information
MLS® #427718
Price$1,100,000
Bathrooms0.00
Acres4.70
Year Built1986
TypeMulti-Family
Sub-TypeMulti-Family
Style1 Story, Duplex
StatusActive
Community Information
Address3714 Memorial Boulevard
CityKingsport
CountySullivan
StateTENNESSEE
Zip Code37664
Area

410 - City/East,Indian Springs,India

Amenities
Has PoolYes
Interior
FireplaceYes
Exterior
ExteriorBrick, Vinyl Siding
School Information
ElementaryJohnson
MiddleRobinson
HighDobyns Bennett
Additional Information
ZoningMulti Family
HOA Fees0.00
Listing Details
Listing Courtesy ofCRYE-LEIKE REALTORS
Property History
Price Reduced from $1,200,000 to $1,100,000
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Copyright 2020 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed June 2nd, 2020 at 10:30am