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1220 Morningside Circle

Kingsport, TN 37664
  • $349,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 9963832
$349,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:

Description

Owner will CONSIDER financing with an acceptable down payment. This residence comprises three distinct and independent units; it can function as a single-family dwelling or as a triplex. The front unit features two bedrooms, one bathroom, a living room, an eat-in kitchen, and a reading room. Exiting this unit through the reading room, ascend two steps to the shared laundry area and hallway leading to the entrance of Unit 2, which could serve as an impressive primary suite (refer to Unit #2 description). In the hallway, descending the stairs takes you to Unit #3, allowing internal access to all units, which is ideal for a multi-generational household. Unit #2 is designed as a studio with an open living area, a modest kitchen equipped with a refrigerator and microwave, and a spacious bathroom boasting a garden tub and separate shower. Unit #3, located on the lower level, includes a vast open living/dining space, an expansive kitchen, one bathroom, and one bedroom. A communal laundry facility is accessible to all occupants. Each unit has its own deck, with the front unit overlooking the street. The property is fully enclosed and includes a storage shed. This home underwent extensive renovations in 2023, including new HVAC systems for each unit. It features a durable metal roof and is offered fully furnished. More... Private Remarks: WITH ALL THE RENOVATIONS THIS PROPERTY HAS HAD; IT COMPS OUT AT $447,000. This property is tenant occupied, do not go there without making an appointment. Thank you. FOR POTENTIAL INVESTORS: RENTS HAVE BEEN: Unit #1: $1800/month Unit #2: $1400/month Unit #3: $1600/month Utilities average out to approximately $500/month pest control$58/mo lawn care $100/mo insurance for the building $1242/yr

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© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-04-04T00:00:00.233.
www.house2homesearch.com/homes/149044502
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1220 Morningside Circle Kingsport, TN 37664

  • Price: $349,000
  • Status: Active
  • On Site: 16 Days
  • MLS #: 9963832
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1940
Built
County:
Sullivan
Elementary School:
Lincoln
Middle School:
Sevier
High School:
Dobyns Bennett
Property Description
Owner will CONSIDER financing with an acceptable down payment. This residence comprises three distinct and independent units; it can function as a single-family dwelling or as a triplex. The front unit features two bedrooms, one bathroom, a living room, an eat-in kitchen, and a reading room. Exiting this unit through the reading room, ascend two steps to the shared laundry area and hallway leading to the entrance of Unit 2, which could serve as an impressive primary suite (refer to Unit #2 description). In the hallway, descending the stairs takes you to Unit #3, allowing internal access to all units, which is ideal for a multi-generational household. Unit #2 is designed as a studio with an open living area, a modest kitchen equipped with a refrigerator and microwave, and a spacious bathroom boasting a garden tub and separate shower. Unit #3, located on the lower level, includes a vast open living/dining space, an expansive kitchen, one bathroom, and one bedroom. A communal laundry facility is accessible to all occupants. Each unit has its own deck, with the front unit overlooking the street. The property is fully enclosed and includes a storage shed. This home underwent extensive renovations in 2023, including new HVAC systems for each unit. It features a durable metal roof and is offered fully furnished. More... Private Remarks: WITH ALL THE RENOVATIONS THIS PROPERTY HAS HAD; IT COMPS OUT AT $447,000. This property is tenant occupied, do not go there without making an appointment. Thank you. FOR POTENTIAL INVESTORS: RENTS HAVE BEEN: Unit #1: $1800/month Unit #2: $1400/month Unit #3: $1600/month Utilities average out to approximately $500/month pest control$58/mo lawn care $100/mo insurance for the building $1242/yr
Exterior Features

Architectural Style TraditionalSee Remarks Attached Garage YN No Construction Materials Vinyl SidingPlaster Exterior Features BalconySee Remarks Fencing FullPrivacy Foundation Details Block Parking Features Driveway Patio And Porch Features DeckPorch Roof Metal

Interior Features

Appliances DryerElectric RangeMicrowaveRefrigeratorWasherSee Remarks Building Area Total 2850 Cooling Central AirZoned Fireplace Features See Remarks Fireplace YN Yes Fireplaces Total 1 Flooring TileLuxury VinylHardwood Heating See RemarksOtherCentral Heating YN Yes Interior Features Eat-in KitchenGarden TubLaminate CountersSee Remarks Levels Two Window Features Double Pane Windows

Property Features

Construction Site Built Yes Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Cooling YN Yes Current Financing None Documents Available [] Home Warranty YN No Listing Terms CashConventionalIndiv/Seller Financing New Construction YN No Property Condition Above AverageUpdated/Remodeled Property Sub Type Multi-Family Sewer Public Sewer Water Source Public Zoning residential

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Genice Hooper-Sloan of eXp Realty, LLC: 888-519-5113.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-04-04T00:00:00.233.
 
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Bridge Pointe Real Estate
504 E Jackson Blvd
Jonesborough TN, 37659