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  • 4.7 ACRES
  • - Multi-Family For Sale

Listed By

Boyd 'Mark' Dishman

128 Princeton Road, Suite #2

Johnson City, TN 37601

Cell : (423) 737-0001

Office: (423) 232-0099

mdishman03@gmail.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.

Description for 3714 Memorial Boulevard MLS# 427718

***Please call List Agent for all Showings 423-737-0001*** Heres the opportunity youve been waiting for! Break into the highly desirable Kingsport rental market with this unique property. 26 total units comprised of 19 studio apartments, two 1 bedrooms, a 2 bedroom unit with 3 car drive under garage, a 4 bedroom 3 bath vintage home with a 2 bedroom separate addition, and a duplex with 2 two bedroom townhouse units. Something for everyone! Owner agent, all info obtained from CRS Buyer/buyers agent to confirm all information.CAP Rate is 9.06%!!Well established property in convenient location. Property is in excellent condition, has a great rental history and low vacancy rate. This one wont last long! Call today for more information and to schedule a showing.

General Features

  • Property For
    Sale
  • Listing Type
    Multi-Family
  • Year Built
    1986
  • County
    Sullivan
  • Approx. Lot Size
    4.7 acres
  • Approx. Acreage*
    4.7
  • Price
    $1,100,000

Additional Details

A C
Other,See Remarks
Numof Units
26.00
Style
1 Story,Duplex
Total Units
26
City Taxes
5753.57
County Taxes
7428.66
Exterior Finish
Brick,Vinyl Siding

Lot

Easements
None
Zoning
Multi Family
Elementary School
Johnson
High School
Dobyns Bennett
Middle School
Robinson

Listed By

Boyd 'Mark' Dishman

128 Princeton Road, Suite #2

Johnson City, TN 37601

Cell : (423) 737-0001

Office: (423) 232-0099

mdishman03@gmail.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.

Market Research


 

Kingsport Multi-Family Values

Average List Price:
$501,633
Average Sold Price:
$250,667
Average Price per SQFT:
$47
Average Days on Market:
279
Number of Properties for Sale:
9,407
Vs.

This Property

List Price:
$1,100,000
Approx. Price per SQFT:
N/A
Days on Website:
575 (Sep 24, 2019)

Listed By

Boyd 'Mark' Dishman

128 Princeton Road, Suite #2

Johnson City, TN 37601

Cell : (423) 737-0001

Office: (423) 232-0099

mdishman03@gmail.com

Hi, I'm the listing agent for this property. Contact me if you have any questions about it.