1725 Jefferson Ave.

Kingsport, TENNESSEE

$149,900 | 69 DOM

About This Property

Recent major renovations making for a great investment opportunity. Perfect for beginner as well as seasoned investors, no work needed and 100% occupied so you can immediately begin collecting rental income! Good income & occupancy history, easy to rent. Very low maintenance costs with brand new HVAC in all 4 units, all new vinyl siding, all updated windows-half brand new, updated electrical panels inside & out, metal roof only 5 years old. Each unit comes with a range and refrigerator, most new within the last few years. 4 units total, two top units are 2BR/1BA with laundry room, bottom two units are 1BR/1BA, no w/d hookups. Conveniently located to town, and local amenities. All units currently leased. 2 units with long term tenants on month to month with rent increase potential. Reported expenses include a property management fee that could be eliminated for those who self manage.

Essential Information

MLS® #421699
Price$149,900
Acres0.00
Year Built1946
TypeMulti-Family
Sub-TypeFour Plex
Style2 Story
StatusContingency

Community Information

Address1725 Jefferson Ave.
AreaHighland,Fairacres,Preston For
CountySULLIVAN
StateTENNESSEE
Zip Code37664

Amenities

GaragesNone
Has PoolN

Interior

Interior FeaturesCable Ready, Counters-Laminate
AppliancesRefrigerator, Stove
HeatingHeat Pump
CoolingHeat Pump
FireplaceN

Exterior

ExteriorVinyl
Exterior FeaturesSidewalk
Lot Description50 x 186.77 IRR
RoofMetal

School Information

ElementaryJEFFERSON
MiddleROBINSON
HighDOBYNS BENNETT

Additional Information

Date ListedMay 15th, 2019
Days on Website69 days
ZoningCommercial/MF
ForeclosureN

Listing Details

AgentRobin Smith
Listing Courtesy ofKW KINGSPORT

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Copyright 2019 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed July 23rd, 2019 at 11:23pm

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