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401-415 Parkridge Drive

Kingsport, TN 37660
  • $1,245,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 9936277
UPDATED: 21 min ago
$1,245,000
  • 0
    BEDS
  • 10.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,300
    SQFT
  • $94
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

Incredible investment opportunity, huge amount of room to expand this property with beautiful mountain views! 8 large, townhouse-style rental units or condos (fully occupied) and over 10 acres of land zoned R-3. Three adjacent parcels that total 10.6 acres with frontage on Parkridge Dr, Tilthammer Dr and Manor Dr in the City of Kingsport. Five 2 bedroom, 1.5 bath units, two 3 bedroom 2.5 bath units and one 1 bedroom, 1.5 bath with large office. 4 units have a one-car garage with automatic opener. Refrigerator, stove, disposal, dishwasher and washer/dryer hookup. Each unit has power and water meter. Lovely level yard area at sides and behind building/units. New siding within last 4 years, roof 2014, ample parking. Owner pays lawn maintenance and garbage pickup. All information herein deemed reliable but not guaranteed, buyer or buyer's agent to verify.

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© 2022 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: 2022-06-27T22:59:53.213.
www.house2homesearch.com/homes/127587159
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401-415 Parkridge Drive Kingsport, TN 37660

  • Price: $1,245,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 21 min ago
  • MLS #: 9936277
0
Beds
0
Baths
0
½ Baths
10.6
Acres
13,300
SQFT
$94
$/SQFT
1989
Built
Neighborhood:
City/West
County:
Sullivan
Area:
City/West
Property Description
Incredible investment opportunity, huge amount of room to expand this property with beautiful mountain views! 8 large, townhouse-style rental units or condos (fully occupied) and over 10 acres of land zoned R-3. Three adjacent parcels that total 10.6 acres with frontage on Parkridge Dr, Tilthammer Dr and Manor Dr in the City of Kingsport. Five 2 bedroom, 1.5 bath units, two 3 bedroom 2.5 bath units and one 1 bedroom, 1.5 bath with large office. 4 units have a one-car garage with automatic opener. Refrigerator, stove, disposal, dishwasher and washer/dryer hookup. Each unit has power and water meter. Lovely level yard area at sides and behind building/units. New siding within last 4 years, roof 2014, ample parking. Owner pays lawn maintenance and garbage pickup. All information herein deemed reliable but not guaranteed, buyer or buyer's agent to verify.
Exterior Features

Exterior Finish BrickVinyl Siding Lot Size See Acres Number Parking Spaces 4 Road Access City Street Roof Architect Shingle

Interior Features

Ac Heat Pump Heating ElectricHeat Pump Number Restrooms 10 Total Sqft Finished 12100.00 Total Sqft Unfinished 1200.00

Property Features

Annual Lease Amount 68400.00 Auction No Business Type See Remarks City Taxes 5837.54 County Taxes 7267.58 Development Status Raw LandSee Remarks Easements None Electric Service See Remarks Financing See Remarks Foreclosure No Info Available LeasesOtherPlatRental RolesSurvey Other Equipment DishwasherDisposalRangeRefrigerator Property Condition Above Average Restrictions DeedUtility Easement Sale Includes Fee Simple Sewer Public Sewer Short Sale No Water Public Zoning R-3

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Mary Glenn Lively of Southern Dwellings.



© 2022 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: 2022-06-27T22:59:53.213.
 
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