Property summary
This Kingsport, TN investment property offers three separate structures totaling 3,086 square feet on a single lot, zoned B-2E. The property comprises two renovated two-story residential buildings, each approximately 1,600-1,800 square feet, currently generating $1,500 monthly rent each. Both have been adapted for office use, featuring multiple offices, reception areas, kitchens, and bathrooms. One building boasts a full kitchen and laundry facilities on the upper level, while the other offers living quarters upstairs in addition to the office space on the main level. Both buildings are brick structures with hardwood floors, plaster and drywall interiors, central HVAC, and attached carports. They sit on concrete block foundations over crawl spaces. A third, smaller 620-square-foot auxiliary building, also modified for office use, is leased separately for $400 per month. This building includes a reception/waiting area, two offices, and a half-bath. All three buildings offer off-street parking. Floor plans are available. Current leases are accessible upon request. The property may be divisible into separate parcels. The sale is "as-is."
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service Bank
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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