10,034 SqFt
10,034 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,034 sqft
Price per Sqft $114
MLS Listing ID 9997509
HOA Y/N No
Total Fin. Sqft 10034
Year Built 1937
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 26,136'
Source Tennessee/Virginia Regional MLS
Property Description
The property offers 10 residential units, including eight 2-bedroom apartments and two 1-bedroom apartments. Tenants are responsible for their own electric and water utilities. Overlooking the Holston River and Riverfront Park, the location is one of the property's greatest assets, providing both scenic views and convenient access to downtown amenities.
Major capital improvements have already been completed. Approximately eight of the ten units were extensively renovated. During the renovations, much of the original plumbing was replaced. There are new appliances throughout many of the units, including washers and dryers in select apartments.
This is a rare opportunity to acquire a historic, income-producing property with significant updates already completed in one of Kingsport's most desirable riverfront locations.
Location
State TN
County Sullivan
Area 0.6
Zoning PVD
Direction From I-81, take Exit 59A onto I-26 W/US-23 N toward Kingsport. Take Exit 1 (West Stone Dr), continue east, turn right onto Center St., then left onto Netherland Inn Rd. Continue approximately 1 mile. Property is on the right overlooking the Holston River.
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Other
Heat Source Heat Pump
Exterior
Roof Type Shingle
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 045k C 03300 000
Acceptable Financing Cash, Other
Listing Terms Cash, Other
NEARBY SCHOOL & BUSINESS
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Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States