Sales Price: $750,000
- Year Built: 1930
- City Tax: $3,968
- County Tax: $3,816
- Lot Size: 0.00 acre(s)
- Finished Area: 8,759 ft²
- Unfinished: 0 ft²
- Total Area: 8,759 ft²
- Heating: Heat Pump, Wall Furnace, Baseboard
- Cooling: Heat Pump, Wall Unit(s)
- Water / Sewage: Public
Rare investment opportunity! Located in the heart of Kingsport, this property offers multiple income-producing properties with excellent rental potential.After over 25 successful years of ownership and operation, the owners are ready to retire, creating an outstanding opportunity for investors to purchase a well-established, income-producing property with long-term potential.The property features a storefront commercial building currently occupied and operated by Holston Floral Shop, an 8-Unit Apartment Building featuring 1-bedroom, 1-bathroom units, A Duplex offering one 2-bedroom, 1-bathroom and one 1-bedroom, 1-bathroom unit, plus a Charming Cottage Style Home with 2 bedrooms and 1 bathroom.9 units are currently rented, providing immediate income for the new owner. Holston Floral Shop is currently operating at the property. The storefront is currently set up and operating as a floral shop. The space offers a great opportunity for someone interested in continuing a floral business or creating their own storefront business.Whether you are looking to grow your investment portfolio or purchase a well-established multi-property investment, this opportunity offers immediate rental income and excellent long-term potential in a prime location with easy access to downtown Kingsport, shopping, restaurants, medical offices, and Holston Valley Medical Center.
Community: Sullivan County, , Subdivision, Zoned B 1
Schools: Elementary, Middle, High
Interior Features:
Exterior Features:
Roof: Metal Exterior Finish: Brick, Vinyl Siding