Kingsport, TN 37664,1527-1529 Fuller ST
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Kingsport, TN 37664,1527-1529 Fuller ST
Kingsport, TN 37664,1527-1529 Fuller ST
Kingsport, TN 37664,1527-1529 Fuller ST
Kingsport, TN 37664,1527-1529 Fuller ST
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Debby Gibson Real Estate Co.

Debby Gibson Real Estate Co.

+1(423) 833-7492
$ 350,000
Est. payment /mo
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Active

1527-1529 Fuller ST Kingsport, TN 37664

3,286 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $106

Subdivision East Highland Add

MLS Listing ID 9977041

Style Traditional

HOA Y/N No

Originating Board Tennessee/Virginia Regional MLS

Year Built 1935

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50X120

Property Sub-Type Multi Family

Property Description

This investment property—featuring a quadplex and a standalone house—offers immediate rental income with over an 8% cap rate. Unlike properties priced for potential earnings, this opportunity allows you to buy at today's income and grow into future potential, ensuring a solid return from day one while leaving room for increased cash flow over time.
The current owner has stabilized rents at a sustainable level, providing an opportunity for future rent increases as further improvements are made and as the market naturally appreciates. Recent updates include new windows, updated flooring, and mini-split units, enhancing efficiency and tenant satisfaction.
Unit 8 has been intentionally left vacant for showings, allowing the new owner to decide its best use. High rental demand is already proven, with multiple inquiries received for this unit alone.
Located in Kingsport, close to shopping, dining, and essential amenities, this property ensures strong occupancy and long-term tenant appeal. Whether you're a seasoned investor or entering the market, this is a rare opportunity to generate immediate cash flow while strategically increasing returns over time.

Location

State TN

County Sullivan

Community East Highland Add

Area 0.15

Zoning Commercial

Direction Kingsport, Eastman Road, Right on E Center st, Right on Fuller St, Property is on the left

Interior

Heating Wall Furnace, See Remarks

Cooling Window Unit(s), See Remarks

Flooring Laminate

Appliance Dishwasher, Electric Range, Refrigerator

Heat Source Wall Furnace, See Remarks

Exterior

Parking Features Asphalt, Gravel

Roof Type Shingle

Topography Level

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Jefferson

Middle Schools Robinson

High Schools Dobyns Bennett

Others

Senior Community No

Tax ID 061d M 023.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Heather Halsey • Blue Ridge Properties
agent

Debby Gibson Real Estate Co.

+1(423) 833-7492

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1527-1529 Fuller ST