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Craftsman, Multi Family - Kingsport, TN
Great Investment or Custom Home Opportunity in Kingsport
This 3,104 sq ft property, formerly a triplex, sits on a level 13,950 sq ft corner lot in the desirable Dobyns-Bennett school district. The current layout includes one 3-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. It offers potential for conversion into a large single-family home with 5-7 bedrooms, 3 bathrooms, and an office, or can be renovated and maintained as an income-generating multi-unit property. Units 2 and 3 are occupied and they need24 hrs notice for a showing. Unit 1 can be shown at any time; however the utilities are shut off in this unit, so bring a flashlight and be careful going down the steps leading into the basement. .
Each unit has separate water, sewer, and HVAC units.
Post-renovation income is estimated to exceed $4,000/month, if used as a rental, making this a strong investment opportunity with options...
Post-renovation income is estimated to exceed $4,000/month, if used as a rental, making this a strong investment opportunity with options for both personal use and long-term returns. Home is being sold As-Is. Buyers and buyer's agents to verify all information.
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