Sales Price: $369,000
5 Bedrooms, 3 Full Baths – Duplex
- Year Built: 1920
- City Tax: $809
- County Tax: $778
- Lot Size: 0.30 acre(s)
- Finished Area: 2,112 ft²
- Unfinished: 0 ft²
- Total Area: 2,112 ft²
- Heating: Central
- Cooling: Central Air, Wall Unit(s)
- Water / Sewage: Public
- Topography: Other
Unique Duplex Opportunity - Income-Producing PropertyThis non-traditional duplex offers exceptional flexibility and income potential. The property is currently configured as a spacious four-bedroom, two-and-a-half-bath residence along with a separate one-bedroom, one-bath apartment.The property presently generates $3,500 per month in rental income, with potential for increased returns under new ownership and updated lease terms. Long-term tenants are in place and would prefer to remain, providing immediate cash flow for investors.For owner-occupants, this property presents a versatile living arrangement—occupy the main four-bedroom home while utilizing the apartment as a rental, guest suite, or private living space for an elderly parent or college-aged family member.An excellent opportunity for both investors seeking steady income and homeowners looking for multi-generational or supplemental-income living.With an accepted offer, current owner will replace the roof within 30 days of closing. Buyer and buyer agent to verify all information. Information from seller and CRS.
Lot Dimensions: 81.1 X 127.41 IRR
Community: Sullivan County, , City Of Kingsport Subdivision, Zoned R4
Schools: Jackson Elementary, Sevier Middle, Dobyns Bennett High
Interior Features:
Other Rooms: 2nd Kitchen, In Law Suite Flooring: Carpet, Laminate Basement & Foundation: Crawl Space
Exterior Features:
Porch, Patio, Decking Detail: Patio Roof: Asphalt, Shingle Exterior Finish: Other, Vinyl Siding Garage: 2