1433 Stratford Rd, Kingsport, Tennessee 37664

TN, Kingsport
$1,175,000 $1,225,000
  • Canceled Status
  • 321 Days Off Market Sorry Charlie 🙁
  • Residential Income Property Type
  • 6750 Total Sqft $174/sqft
  • 1971 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

SVN | Accel Commercial Real Estate is pleased to bring to market an 11 unit opportunity in Kingsport, TN. This property allows an investor to take advantage of the rapid growth in this region with little inventory coming to market. and the demand from incoming residents continuing to rise. There are 11 units with a mix consisting of 1 unit – 3 bed 2 bath, 4 units – 1 bed 1 bath, and 6 units – 2 bed 1 bath. The property is currently 100% occupied with monthly rents totaling $9910 with opportunity to increase. All units electricity is separately metered, water and trash is shared with the adjacent property and is billed back to the tenants. The adjacent property is identical and is also for sale allowing the new owner to combine the two properties to acquire a total of 22 units. Please contact agents to schedule a showing. Do NOT disturb tenants or visit property without prior approval.

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 2618863
  • Price: $1,175,000
  • View: Bluff,Valley
  • Square Footage: 6,750 Sqft
  • Year Built: 1971
  • Office Name: SVN Accel Commercial Real Estate
  • Agent Name: Kunal Patel
  • Property Attached: Yes
  • Listing Status: Canceled
Location Info
  • Street Number: 1433
  • Street: Stratford Rd
  • City Kingsport
  • State TN
  • Zipcode 37664
  • County Sullivan County, TN
  • Subdivision Green Valley Manor Sec 1
  • Longitude: W83° 29' 22.3''
  • Latitude: N36° 31' 23.6''
  • Zoning: R3
  • Directions: Follow I-40 E and I-81 N to TN-36 N/Fort Henry Dr in Kingsport. Take exit 59 from I-81 N. Continue on TN-36 N/Fort Henry Dr. Drive to Stratford Rd
Features
  • Heating System Central
  • Cooling System Central Air
  • Utilities Water Available
  • Flooring Vinyl
  • Laundry Features Share
  • Sewer Public Sewer
Schools
  • Elementary School: Andrew Johnson Elementary School
  • Middle School: Ross N. Robinson Middle School
  • High School: Dobyns - Bennett High School
Additional Info
  • Water Source: Public
  • Building Size: 6,750 Sqft
  • Construction Materials: Brick
  • Levels: Two
  • Lot Size Dimensions: 84 X 226.9 IRR
  • Number Of Units Total: 11
  • On Market Date: February 12th, 2024
  • Previous Price: $1,225,000
  • Stories: 2
Financial
  • Annual Tax Amount: $5,946
Listing Data
  • Co List Agent Full Name: Brian Truman
  • Co List Office Name: SVN Accel Commercial Real Estate
  • Mls Status: Canceled
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Sep 3rd, 2024 @ 7:12pm
  • Status Change Timestamp: Sep 3rd, 2024 @ 7:10pm
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