Multifamily (Multi Family)

601 Fairview Avenue Ave, Kingsport, TN 37660

Great Investment or Custom Home Opportunity in KingsportThis 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 for both personal use and long-term returns. Home is being sold As-Is. Buyers and buyer's agents to verify all information.

Geographical

County: Sullivan

Subdivision:

Zoning: Commercial

School System

Jackson Elementary

Sevier Middle

Dobyns Bennett High

Other Rooms: Laundry  Flooring: Hardwood, Vinyl, Tile Basement & Foundation: Dirt Floor, Block, Concrete, Walk-Out Access, Unfinished  Other Features: Balcony, Laminate Counters, See Remarks 

Porch, Patio, Decking Detail:  Side Porch, Front Porch Roof: Shingle Exterior Finish: Vinyl Siding, Wood Siding Other Exterior: Balcony, See Remarks

Photos