$169,900
Kingsport, TN 37660
MLS# 9965095
1608 sqft
1 / 47
Property Description
Investors, check out this chance to own a multi-family property for under $200k in Kingsport, TN! This listing includes two homes on one lot, each with separate electric meters but shared water and sewer. They're close to I-26 and just 5 minutes from Downtown Kingsport. Once the homes are updated you could rent out for $1,100+ per month each. Totaling $2,200 - $2,500 per month. Home #1 - 1749 McGee: A 2-bedroom, 1-bath home with 936 sq ft. It has a bonus room, currently being used as a bedroom. It's a one-level house with wood siding, double-pane windows, and whirlpool tub. You'll find a washer, dryer, and fridge included. The home has carpet and unfinished flooring. New tankless water heater just installed. The shingle roof needs replacement. There's a concrete parking lot, paneling on some walls, with some unfinished sections. The foundation is block and brick with some posts. Home #2 - 1749-½ McGee: (Home can be accessed from Jennifer St.) Here is another 2-bedroom, 1-bath home with 672 sq ft. This one-level house has wood siding, double-pane windows, and a plumbed bath ready for a new tub. The dryer and fridge are included, and there's tile and hardwood flooring. The metal/tin roof is solid, and the dirt parking lot offers space. Inside, the walls are drywall, and the foundation is brick with posts/piers. The kitchen includes an electric range and microwave. Contact listing agent or your preferred REALTOR® today! Please allow 24 hour notice for viewings. Some details come from tax records and are reliable, but the buyer or their agent should verify.
Details
Maps
Location, Tax & Legal Info
Street #: 1749
Street Name: Mcgee
St Suffix: Street
County: Sullivan
State/Province: TN
Zip Code: 37660
Subdivision: West View Park
Lot #: 13
Block: 32
Deed Book #: 3372
Deed Page #: 1671
Parcel ID: 045c C 002.00
City Taxes: 418.64
County Taxes: 504.1
Contract Info
Status: Active
Listing Price: 169900
Current Price: $169,900
List Price/SqFt: 105.66
Listing Date: 2024-04-27
Buyer Broker: Yes
Buyer Broker Comm: 2.5
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Dimensions: 50 X 159.16 IRR
Acres: 0.18
Zoning: R 1B
Property Sub-Type: Multi-Family
# Buildings: 2
# of Units: 2
Total Units: 2
Stories: 1
Year Built: 1933
Elementary School: Roosevelt
Middle School: Sevier
High School: Dobyns Bennett
HOA Y/N: No
Total SqFt: 1608
Remarks & Misc
Public Remarks: Investors, check out this chance to own a multi-family property for under $200k in Kingsport, TN! This listing includes two homes on one lot, each with separate electric meters but shared water and sewer. They're close to I-26 and just 5 minutes from Downtown Kingsport. Once the homes are updated you could rent out for $1,100+ per month each. Totaling $2,200 - $2,500 per month.
Home #1 - 1749 McGee: A 2-bedroom, 1-bath home with 936 sq ft. It has a bonus room, currently being used as a bedroom. It's a one-level house with wood siding, double-pane windows, and whirlpool tub. You'll find a washer, dryer, and fridge included. The home has carpet and unfinished flooring. New tankless water heater just installed. The shingle roof needs replacement. There's a concrete parking lot, paneling on some walls, with some unfinished sections. The foundation is block and brick with some posts.
Home #2 - 1749-½ McGee: (Home can be accessed from Jennifer St.) Here is another 2-bedroom, 1-bath home with 672 sq ft. This one-level house has wood siding, double-pane windows, and a plumbed bath ready for a new tub. The dryer and fridge are included, and there's tile and hardwood flooring. The metal/tin roof is solid, and the dirt parking lot offers space. Inside, the walls are drywall, and the foundation is brick with posts/piers. The kitchen includes an electric range and microwave.
Contact listing agent or your preferred REALTOR® today! Please allow 24 hour notice for viewings. Some details come from tax records and are reliable, but the buyer or their agent should verify.
Directions: From E Stone drive, turn onto Fairview, left onto Mimosa, right onto Stonegate, turn left on McGee St Home will be on the right, see sign.
Unit 1
# Units: 1
# Rooms: 5
# Bedrooms: 2
# Bathrooms: 1
SqFt: 936
Unit 2
# Units: 1
# Rooms: 5
# Bedrooms: 2
# Bathrooms: 1
SqFt: 672
Property Features
Property Condition: Fixer
Style: Cottage
Levels: One
Exterior Finish: Wood Siding
Interior Features: Eat-in Kitchen; Rough in Bath; Whirlpool; See Remarks
Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer; See Remarks
Flooring: Carpet; Hardwood; Tile; See Remarks
Roof: Metal; Shingle
Other Rooms: Bonus Room; See Remarks
Parking Features: Concrete; Dirt; See Remarks
Porch/Patio/Deck: Front Porch; Rear Porch; See Remarks
Other Structures: Residence; Second Residence
Topography/Lot Description: Level
View: Mountain(s)
Heating: Space Heater; See Remarks
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public; See Remarks
Window Features: Double Pane Windows
Sewer: Public Sewer; See Remarks
Basement: Crawl Space; Dirt Floor; Exterior Entry; See Remarks
Foundation: Block; Pillar/Post/Pier; Other; See Remarks
AC: Window Unit(s); See Remarks
Utilities: Cable Connected
Construction: Site Built
Walls: Drywall; Paneling; Unfinished/Framed; Wood; See Remarks
Info Available: Investment Analysis
Easements: None
Financing: Cash; Conventional; See Remarks
Listing Office: The Wilson Agency
Last Updated: May - 10 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.