1157 Ridgecrest Ave, Kingsport, TN 37665

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List Price
$800,000
Status
ACTIVE
MLS#
3615617
Days on Market
21
Lot Size
15,681
Acres
0.36
County
Sullivan

Property Description

Great Investment Opportunity! Don't miss this opportunity to own a four-unit income-producing property with established tenants and consistent rental history! All four units are currently rented at $650 per month each, generating $2,600 in monthly rental income and $31,200 annually. The property has an excellent occupancy history, with the seller reporting virtually no vacancies and minimal tenant turnover. Current rental rates offer potential for increased income, making this an attractive opportunity for investors looking to expand their portfolio. Additional highlights include a roof approximately 8 years old and HVAC systems of varying ages, with most being less than 5 years old. Whether you're an experienced investor or looking to begin building your rental portfolio, this property offers immediate income with potential for future growth. Schedule your showing today and explore the possibilities!

Additional Information

Subtype
Unimproved Land
Year Built
1969
Zoning
Commercial
Type
Commercial

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Listing courtesy of Red Realty, LLC.

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