Multifamily (Other)

105 Brookfield Dr, Kingsport, TN 37663

Other Stories: 2

FOR SALE

Price: $365,000 Price Per ft²: $137.68 List Date: 2024-08-08 DOM: 40
City Tax: $0 County Tax: $1,655

Year Built: 1970 pre-1978 Homes

Total Area: 2,651 ft² (Finished & Unfinished)

Lot Size: 0.35 acre(s) Lot Dimensions: 94x167 Topography: Level, Sloped

Heating: Heat Pump, Wall Furnace Cooling: Heat Pump, Wall Unit(s), Window Unit(s) Water & Sewage: Public

Description

Only units 2 and 3 can be shown without speaking with the listing agent.Mixed use building with 3 apartments and 3 offices. The 3 apartments were remodeled 4 years ago and are occupied / leased. New leases were signed at change of ownership in November of 2023. One of the offices is leased at and the other two have been updated / refreshed to vanilla boxes that are currently listed at $700 & $800. There is additional utility / management space on the side separate from all units.All windows, siding, and roof has were replaced approximately 4 years ago. Both water heaters are 5 years old. Electric upgrades were done in the commercial units.All leases are currently gross leases because water heaters in unit 4 and 6 supply other units. Units could be added to allow for individual water heaters.