TN > Kingsport
Kingsport, TN 37664,5021 Emerald DR
See all 14 photos
Kingsport, TN 37664,5021 Emerald DR
Kingsport, TN 37664,5021 Emerald DR
Kingsport, TN 37664,5021 Emerald DR
Kingsport, TN 37664,5021 Emerald DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Debby Gibson Real Estate Co.

Debby Gibson Real Estate Co.

+1(423) 833-7492
$ 450,000
Est. payment /mo
Save Virtual Tour
Pending

5021 Emerald DR Kingsport, TN 37664

4,596 SqFt

UPDATED:

11/12/2024 11:33 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,596 sqft

Price per Sqft $97

MLS Listing ID 9973233

Style Townhouse,See Remarks

HOA Y/N No

Originating Board Tennessee/Virginia Regional MLS

Year Built 1983

Lot Size 0.760 Acres

Acres 0.76

Lot Dimensions 33,105

Property Description

Looking for a lucrative investment in the heart of the TriCities? Don't miss this one! Boasting 4 units, this 4500+ sqft building showcases a unique townhome style development situated at the end of the cul de sac with tons of potential. Currently generating a generous return, this property offers a value add opportunity with below market rents, turn key condition with room for improvements, and possibility for so much more! Individually metered and eligible for HUD, this property could be tailored to meet various investment strategies- consider affordable housing, elevate to upscale townhomes, or continue benefiting from the lucrative returns that are already being generated from this stable asset. Each unit offers a well maintained condition highlighted with a spacious floor plan, luxury vinyl flooring in most units, HVAC, and sliding glass doors leading to the secluded back patio. Strategically positioned in the county, yet located in the highly sought after Cooks Valley area, this property showcases an enviable location convenient to nearly everything with easy access on to Hwy 126, I-81, and much more! Whether you're a savvy investor looking to add a great asset to the portfolio, or aiming to live for free by house hacking, this property delivers unparalleled versatility and potential! Opportunities like this do not come up often and will not last long priced to sell at $450k. Don't miss your chance, and call today to take advantage of this opportunity! The property is 100% leased, and will not be conducting showings without an accepted offer or LOI. There is a virtual tour of the property that allows you, or your agent, to view the interior online. The information provided herein is deemed reliable but is collected from third party sources and subject to buyers, or buyers agent, verification.

Location

State TN

County Sullivan

Area 0.76

Zoning R1

Direction From I-81S, Take exit 66 toward Kingsport. Turn right onto TN-126 W. Turn left onto Cooks Valley Rd. Turn right onto Spardale St. Turn right onto Emerald Dr. GPS Friendly.

Interior

Interior Features See Remarks

Heating Heat Pump

Cooling Heat Pump

Flooring Tile, Luxury Vinyl, Carpet, Laminate

Appliance Dishwasher, Electric Range, Refrigerator

Heat Source Heat Pump

Exterior

Garage Parking Pad

Roof Type Shingle

Porch Rear Patio

Building

Lot Description Level

Entry Level Two

Water Public

Architectural Style Townhouse, See Remarks

Structure Type Brick

New Construction No

Schools

Elementary Schools Indian Springs

Middle Schools Sullivan Central Middle

High Schools West Ridge

Others

Senior Community No

Tax ID 048o C 011.00

Listed by Garrett Addington • The Addington Agency Bristol

Debby Gibson Real Estate Co.

+1(423) 833-7492

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

5021 Emerald DR