649 Lovedale Drive, Kingsport

$189,000

0 Beds
4 Baths
3,362 Sqft
.18 Acres
0 Garages

Looking for an investment property with a 10% cap once all units are rented? Look no further. 4 Flex unit with 1 vacant unit that rents for $550. 3 Units occupied for $500 each. Units are 2 bedrooms, 1 bath, living room & kitchen and laundry area. Renters pay all utilities. Cap info based on all 4 units being rented. 1 for $550 a month and 3 for $500 a month =$24,600 gross - $2483.98 taxes-$1840 insurance=$20276.02 / list price of $189,000 = 10% cap. ****SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed ''****

Essential Information
MLS® #9905752
Price$189,000
Bathrooms4.00
Square Footage3,362
Acres0.18
Year Built1963
TypeMulti-Family
Sub-TypeQuadruplex
Style2 Story
StatusActive
Community Information
Address649 Lovedale Drive
CityKingsport
CountySullivan
StateTENNESSEE
Zip Code37660
Area

413 - Downtown,Greenfields,Hillcrest

Amenities
ParkingParking Spaces, Asphalt
Has PoolYes
Interior
HeatingElectric
FireplaceYes
# of Stories2
Exterior
ExteriorBrick
Lot DescriptionFlood Zone, Level
RoofAsphalt
ConstructionSite Built
School Information
ElementaryJackson
MiddleSevier
HighDobyns Bennett
Additional Information
ZoningB1/R2
HOA Fees0.00
Listing Details
Listing Courtesy ofPARK HILL REALTY GROUP LLC
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Copyright 2020 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed April 7th, 2020 at 6:00am