$700,000
Kingsport, TN 37665
MLS# 9942570
Status: Closed
7821 sqft
1 / 23
Property Description
Great investment with built-in income.........10 1 bedroom and 1 2 bedroom units, each with one bath, 4 buildings, paved parking, 2 brick units, 2 vinyl siding units, one unit had full basement for storage, etc, large lot with additional room for other buildings, all city amenities, monthly income...$4500.00, one unit was used by owner, would rent for at least $450,00, (included in the monthly total), included in one unit is a laundry room that has a bath and coin operated washer/dryer.....407 and 408 Luray Place sold with 1172 Ridgecrest
Details
Maps
Location, Tax & Legal Info
Parcel ID: 030h E 001.00
Deed Book #: 1968C
Deed Page #: 343
City Taxes: 2050.35
County Taxes: 2626.61
Contract Info
List Price/SqFt: 89.5
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 700000
Current Price: $700,000
Listing Date: 2022-08-24
General Property Description
Lot Dimensions: 125x235,78,311,116
Acres: 0.42
Zoning: R1B
# Buildings: 4
Elementary School: Roosevelt
Middle School: Sevier
Total Units: 11
High School: Dobyns Bennett
Property Sub-Type: Multi Family
Year Built: 1958
Total SqFt: 7821
Remarks & Misc
Directions: Lynn Garden Drive, right on Walker left on Ridgecrest property on left
Property Condition
Average: 1
Exterior Finish
Brick: 1
Vinyl Siding: 1
Unit 1
# Units: 4
# Rooms: 12
# Bedrooms: 4
# Bathrooms: 4
SqFt: 2618
Monthly Rent: 1675
Unit 2
# Units: 1
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
SqFt: 1298
Monthly Rent: 350
Style
Duplex: 1
Other: 1
Roof
Metal: 1
Unit 3
# Units: 2
# Rooms: 6
# Bedrooms: 2
# Bathrooms: 2
SqFt: 1309
Monthly Rent: 800
Unit 4
# Units: 4
# Rooms: 12
# Bedrooms: 4
# Bathrooms: 4
SqFt: 2596
Monthly Rent: 1675
Window Features
Insulated Windows: 1
Single Pane Windows: 1
Storm Window(s): 1
Door Features
Storm Door(s): 1
Interior Features
Eat-in Kitchen: 1
Laminate Counters: 1
Heating
Baseboard: 1
Electric: 1
Heat Pump: 1
Other: 1
AC
Ceiling Fan(s): 1
Window Unit(s): 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Sloped: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Carpet: 1
Hardwood: 1
Vinyl: 1
Easements
None: 1
Basement
Dirt Floor: 1
Partial: 1
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Parking Features
Asphalt: 1
Deeded: 1
Existing Finance
None: 1
Other Rooms
Laundry: 1
Walls
Drywall: 1
Other: 1
Foundation
Block: 1
Structure Type
House: 1
Location Tax Legal Info
Street #: 1172
Street Name: Ridgecrest
St Suffix: Avenue
County: Sullivan
State/Province: TN
Zip Code: 37665
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2022-08-25
Sold Date: 2022-11-01
Sold Price: $700,000
Property Features
Property Condition: Average
Style: Duplex; Other
Exterior Finish: Brick; Vinyl Siding
Interior Features: Eat-in Kitchen; Laminate Counters
Appliances: Dishwasher; Electric Range; Refrigerator
Flooring: Carpet; Hardwood; Vinyl
Roof: Metal
Other Rooms: Laundry
Parking Features: Asphalt; Deeded
Heating: Baseboard; Electric; Heat Pump; Other
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Window Features: Insulated Windows; Single Pane Windows; Storm Window(s)
Door Features: Storm Door(s)
Sewer: Public Sewer
Basement: Dirt Floor; Partial; See Remarks
Foundation: Block
AC: Ceiling Fan(s); Window Unit(s)
Structure Type: House
Walls: Drywall; Other
Easements: None
Financing: Cash; Conventional
Existing Finance: None
Listing Office: KW Kingsport
Last Updated: November - 01 - 2022
Information deemed reliable but not guaranteed.