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LOW MAINTENANCE INCOME PRODUCING MULTI-FAMILY COMPLEX. 13 Total units. The main/upper level consists of 9 Townhouse style 2bed/1.5 bath units. The lower 4 units have separate driveway entrance and consist of one level 2 bed/1 bath units. Each unit has own laundry hook-ups. Currently 7 Units rent at $850/month, 3 at $800/month, and one at $1100/month. The other two are vacant while having appliances upgraded in between tenants and they will each rent for $1100/month. So fully rented, that is $11,650/month or $139,800/year!! Seven of the rented units have had same tenant for at least 4 years! Great location in Church Hill, close to grocery stores and only 15 min to Kingsport. Units are all metered separate. City Utilities-Gas, Water, Electric, Sewer. In recent years, windows have been replaced, new blacktop in upper parking area, half of HVACs have been replaced. New appliances added to 4-5 units as needed. There is a storage garage on sight for management to store tools, etc, plus all the plumbing is accessible by an enclosed breezeway that spans the entire length of the building. This is a quality turnkey property!!

PROPERTY FEATURES

Utility Features

Electric : 220 Volts in Laundry,Circuit Breakers Water Source : Public Sewer : Public Sewer

Parking Features

Patio And Porch Features : Deck,Patio

Exterior Features

Exterior Features : Awning(s) Road Frontage Type: County Road Road Surface Type : Paved

General Features

Levels : Two

Heating Cooling Features

Heating : Forced Air,Natural Gas Cooling : Central Air,Electric

Construction Features

Construction Materials : Brick,Vinyl Siding Foundation Details : Carpet,Luxury Vinyl Roof : Shingle

Interior Features

Interior Features : Ceiling Fan(s) Appliances : Dishwasher,Range Hood,Refrigerator,Electric Range Basement : Block,Exterior Entry Laundry Features : Laundry Closet,In Unit,Main Level Above Grade Finished Area : 9072.00 Below Grade Finished Area : 2990.00 Flooring : Carpet,Luxury Vinyl