12-13 Cap and 100% occupancy very low turn over, long term tenants with lots of upgrades and granite! 20 one bedroom apartments with 60% upgraded with LVT or new carpet and granite countertops. These units could easily rent for $700+ a month not counting short term rental or the stand alone building that will house a western wear store for $950/month. It's on septic currently but can be converted to sewer. Property is low maintenance and easy to upkeep.
Sold for $1,425,000 on 03/15/23
$1,425,000
216 Colonial Heights Rd, Kingsport, TN 37663
20beds
20baths
13,739sqft
Multi Family
Built in 1979
-- sqft lot
$1,857,600 Zestimate®
$104/sqft
$1,223 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 30, 2024 at 08:56am
Listed by:
Laura Meade 404-433-7371,
Bridge Pointe Real Estate Jonesborough
Bought with:
Bryan Sangid, 321218
The Brokers Realty & Auction
Source: TVRMLS,MLS#: 9947045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Features
- Has fireplace: No
Interior area
- Total structure area: 13,739
- Total interior livable area: 13,739 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.95 Acres
- Dimensions: 191 x 452 x 202 x 384
- Topography: Level
Details
- Parcel number: 092g B 003.00
- Zoning: B4
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
Condition
- Above Average,Average
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, See Remarks
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Kingsport
- Subdivision: Not Listed
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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