$875,000
Kingsport, TN 37664
MLS# 9937701
Status: Closed
8696 sqft
1 / 29
Property Description
For Sale! 18 Unit Apartment Complex. Interior has hardwood, vinyl flooring, and some carpet. Interiors have been updated and well maintained. All units are currently leased. 3-1A floor plan apartments, 12-2A floor plan apartments and 3-3A floorplan apartments. Outside parking available. Great Investment Opportunity! Already has Property Management Company handling business, More info available upon request. There is an additional lot that can that be developed. Back on the market due to buyers' financing falling through.
Details
Maps
Documents
Location, Tax & Legal Info
Parcel ID: 062j E 008.00 008.001 009.00
Deed Book #: 3435
Deed Page #: 1265
City Taxes: 2262.98
County Taxes: 2898.99
Contract Info
List Price/SqFt: 106.37
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 925000
Current Price: $875,000
Listing Date: 2022-05-10
General Property Description
Acres: 0
Lot Size: 265x264
Zoning: R3
Total SqFt Finished: 8696
Total SqFt Unfinished: 0
Annual Lease $: 100000
Year Built: 1974
Total SqFt: 8696
Remarks & Misc
Directions: Memorial Blvd. towards Blountville, right on Kent St., Two Blue Apartment Complex's.
Property Condition
Above Average: 1
Business Type
Residential: 1
Exterior Finish
Brick: 1
Frame: 1
Other Equipment
Dumpster: 1
Inside Storage: 1
Refrigeration: 1
Smoke Detector(s): 1
Roof
Shingle: 1
Road Access
City Street: 1
Electric Service
See Remarks: 1
Development Status
Cleared: 1
Heating
Baseboard: 1
Heat Pump: 1
Info Available
Aerial: 1
Leases: 1
Profit/Loss Statement: 1
Rental Roles: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
See Remarks: 1
Location Tax Legal Info
Street #: 3955-395
Street Name: Kent
St Suffix: Street
County: Sullivan
State/Province: TN
Zip Code: 37664
Area: 409 - Greenacres, Preston Woods
Status Change Info
Date Pending: 2022-08-27
Sold Date: 2022-09-30
Sold Price: $875,000
Property Features
Property Condition: Above Average
Business Type: Residential
Exterior Finish: Brick; Frame
Other Equipment: Dumpster; Inside Storage; Refrigeration; Smoke Detector(s)
Roof: Shingle
Electric Service: See Remarks
Development Status: Cleared
Heating: Baseboard; Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Aerial; Leases; Profit/Loss Statement; Rental Roles
Restrictions: See Remarks
Easements: None
Financing: Cash; Conventional
Sale Includes: See Remarks
Confirmation of Agency 
Listing Office: Blue Ridge Properties
Last Updated: September - 30 - 2022
Information deemed reliable but not guaranteed.