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    992 Lynn Garden Drive

    Kingsport, TN 37665
    • $225,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 9917741
    Price Reduced
    UPDATED: 165 min ago
    $225,000
    • 11
      BEDS
    • 1.2
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 1,052
      SQFT
    • $214
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1943
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    **ATTENTION INVESTORS*** 6 Homes in very convenient location in Kingsport. Sold all together , (5 homes Gross $2,950 per month & are currently fully rented) Owner has done lots of updates to most of the homes over last few years. All homes could be approved for Section 8. Several long term renters, some homes include a carport or garage & several out buildings. Several of the homes have had new windows and roofs and flooring and some newer heat pumps, The 6 property is zoned commercial, with road frontage & (Has started to be converted into a residential home ). Properties are on 4 different parcels that total 1.2 acres Parcels include( 062.00&061.00&060.00& 058.00) , all homes are currently rented with Renters paying all utilities and mow their own yards. Owner/agent

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    © 2021 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: 2021-02-25T00:00:00.79.
    www.easttennesseehomepros.com/homes/113682004
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    992 Lynn Garden Drive Kingsport, TN 37665

    • Price: $225,000
    • Status: Active
    • Updated: 165 min ago
    • MLS #: 9917741
    11
    Beds
    4
    Baths
    0
    ½ Baths
    1.2
    Acres
    1,052
    SQFT
    $214
    $/SQFT
    1943
    Built
    Neighborhood:
    Lynn Garden
    County:
    Sullivan
    Area:
    Lynn Garden
    Elementary School:
    Kennedy
    Middle School:
    Robinson
    High School:
    Dobyns Bennett
    Property Description
    **ATTENTION INVESTORS*** 6 Homes in very convenient location in Kingsport. Sold all together , (5 homes Gross $2,950 per month & are currently fully rented) Owner has done lots of updates to most of the homes over last few years. All homes could be approved for Section 8. Several long term renters, some homes include a carport or garage & several out buildings. Several of the homes have had new windows and roofs and flooring and some newer heat pumps, The 6 property is zoned commercial, with road frontage & (Has started to be converted into a residential home ). Properties are on 4 different parcels that total 1.2 acres Parcels include( 062.00&061.00&060.00& 058.00) , all homes are currently rented with Renters paying all utilities and mow their own yards. Owner/agent
    Exterior Features

    Exterior Finish Aluminum SidingBrickVinyl Siding Foundation Block Garage Carport Spaces 1 Lot Dimensions 264 X 198 Other Structures Outbuilding Parking Features CarportConcreteDetachedGravel Porch Patio Deck Front PorchPorch Roof CompositionMetal Style 1 StoryBungalowCottageRanch Topography Lot Description LevelRolling Slope Walls DrywallOtherPaneling Window Features Double Pane WindowsSingle Pane Windows

    Interior Features

    Ac Attic FanCentral AirWindow Unit(S) Appliances RangeRefrigerator Basement Crawl Space Building1 Number Half Baths 0.00 Building1 Number Rooms 6 Flooring CarpetVinyl Heating ElectricHeat Pump Interior Features Kitchen/Dining ComboLaminate CountersRemodeled Laundry Features Washer Hookup Other Rooms LaundryMaster BedroomWorkshop

    Property Features

    Auction No Building1 Monthly Rent 650 Building1 Number Units 992 Building2 Number Units 994 Building3 Number Units 998 Building4 Number Units 1000 City Taxes 1250.97 County Taxes 1558.00 Easements None Expenses Include Property InsuranceProperty Management Financing CashConventionalOther Foreclosure No Income And Expenses Gross Annual Income 35400 Income And Expenses Net Annual Income 32582 Lot Number 6 Property Condition Average Property Sub Type Multi-Family Sewer Public Sewer Short Sale No Water Public Zoning R 1B/B 3

    Listing information © 2021 Tennessee/Virginia Regional MLS.
    Listing provided courtesy of Timothy Carver of Park Hill Realty Group Llc.



    © 2021 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: 2021-02-25T00:00:00.79.
     
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    2685 Boones Creek Rd. Ste.104
    Johnson City TN, 37615