$205,000
Kingsport, TN 37660
MLS# 9955624
Status: Closed
2361 sqft

1 / 15
Property Description
3 unit triplex for sale. Current monthly rents are $ 2,125. All three units are currently leased. All three units have their own electric and water meter and all tenants pay their own utilities. The 2nd floor roof was replaced less than 2 years ago and the 1st floor roof was recently resealed. Unit 1 - is a bottom floor unit, with 2 beds and 1 bath with a bonus room, rented for 750 with a one year lease ending 03/31/2024. Unit has a newer fridge and has minisplits for heat and air that are less than 2 years old. Unit 2 - is a bottom floor unit, with 3 beds and 1 bath, rented for 850 per month with a one year lease ending 8/31/2024. This unit was just completely remodeled with new kitchen, new appliances, new bathroom, new floors, new front door, new interior doors, and freshly painted walls. Unit has mini-splits which are less than 2 years old, and the water heater is less than 2 years old. Unit 3- is a 2nd floor unit, with 3 beds and 1 bath, rented at 525 per month with a 15 year tenant on a month to month lease. Tenant has no immediate designs on leaving. Once tenant leaves unit can be remodeled and rented for approximately 850 or more. All information is deemed accurate but buyer/buyer's agent to verify.
Details
Maps
Location, Tax & Legal Info
Lot #: 41
Parcel ID: 046o H 043.00
Block: 63
Deed Book #: 3448
Deed Page #: 2224
City Taxes: 553.93
County Taxes: 667
Contract Info
List Price/SqFt: 88.9
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 209900
Current Price: $205,000
Listing Date: 2023-08-16
General Property Description
Lot Dimensions: 50x125
Acres: 0.14
Zoning: R 1B
# Buildings: 1
Elementary School: Lincoln
# of Units: 3
Middle School: Sevier
Total Units: 3
High School: Dobyns Bennett
Stories: 2
# Fireplaces: 0
HOA Y/N: No
Home Warranty: No
Property Sub-Type: Multi Family
Year Built: 1933
Total SqFt: 2361
Remarks & Misc
Public Remarks: 3 unit triplex for sale. Current monthly rents are $ 2,125. All three units are currently leased. All three units have their own electric and water meter and all tenants pay their own utilities. The 2nd floor roof was replaced less than 2 years ago and the 1st floor roof was recently resealed.
Unit 1 - is a bottom floor unit, with 2 beds and 1 bath with a bonus room, rented for 750 with a one year lease ending 03/31/2024. Unit has a newer fridge and has minisplits for heat and air that are less than 2 years old.
Unit 2 - is a bottom floor unit, with 3 beds and 1 bath, rented for 850 per month with a one year lease ending 8/31/2024. This unit was just completely remodeled with new kitchen, new appliances, new bathroom, new floors, new front door, new interior doors, and freshly painted walls. Unit has mini-splits which are less than 2 years old, and the water heater is less than 2 years old.
Unit 3- is a 2nd floor unit, with 3 beds and 1 bath, rented at 525 per month with a 15 year tenant on a month to month lease. Tenant has no immediate designs on leaving. Once tenant leaves unit can be remodeled and rented for approximately 850 or more.
All information is deemed accurate but buyer/buyer's agent to verify.
Directions: From E Center St turn right at Seaver's donuts onto Dale St, building will be on right.
Property Condition
Above Average: 1
Average: 1
Below Average: 1
Exterior Finish
Vinyl Siding: 1
Unit 1
# Units: 1
# Rooms: 5
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 0
SqFt: 787
Monthly Rent: 750
Unit 2
# Units: 2
# Rooms: 5
# Bedrooms: 3
# Bathrooms: 1
# Half Baths: 0
SqFt: 787
Monthly Rent: 850
Unit 3
# Units: 3
# Rooms: 5
# Bedrooms: 3
# Bathrooms: 1
Half Baths: 0
SqFt: 787
Monthly Rent: 525
Levels
Two: 1
Heating
Heat Pump: 1
Wall Furnace: 1
AC
Heat Pump: 1
Window Unit(s): 1
Water
Public: 1
Sewer
Public Sewer: 1
Topography/Lot Description
Level: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Foundation
Slab: 1
Structure Type
House: 1
Expenses Include
Lawn Maint: 1
Repairs and Maint: 1
Taxes Real Estate: 1
Location Tax Legal Info
Street #: 862
Street Name: Dale
St Suffix: Street
County: Sullivan
State/Province: TN
Zip Code: 37660
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2023-09-22
Sold Date: 2023-10-30
Sold Price: $205,000
Property Features
Property Condition: Above Average; Average; Below Average
Levels: Two
Exterior Finish: Vinyl Siding
Heating: Heat Pump; Wall Furnace
Water: Public
Sewer: Public Sewer
Foundation: Slab
AC: Heat Pump; Window Unit(s)
Structure Type: House
Easements: None
Financing: Cash; Conventional
Expenses Include: Lawn Maint; Repairs and Maint; Taxes Real Estate
Listing Office: KW Johnson City
Last Updated: March - 26 - 2026
Information deemed reliable but not guaranteed.