$205,000
$209,900
2.3%For more information regarding the value of a property, please contact us for a free consultation.
862 Dale ST Kingsport, TN 37660
2,361 SqFt
Key Details
Sold Price $205,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,361 sqft
Price per Sqft $86
Subdivision Not In Subdivision
MLS Listing ID 9955624
Sold Date 10/30/23
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Year Built 1933
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x125
Property Description
3 unit triplex for sale. Current monthly rents are $ 2,125. All three units are currently leased. All three units have their own electric and water meter and all tenants pay their own utilities. The 2nd floor roof was replaced less than 2 years ago and the 1st floor roof was recently resealed.
Unit 1 - is a bottom floor unit, with 2 beds and 1 bath with a bonus room, rented for 750 with a one year lease ending 03/31/2024. Unit has a newer fridge and has minisplits for heat and air that are less than 2 years old.
Unit 2 - is a bottom floor unit, with 3 beds and 1 bath, rented for 850 per month with a one year lease ending 8/31/2024. This unit was just completely remodeled with new kitchen, new appliances, new bathroom, new floors, new front door, new interior doors, and freshly painted walls. Unit has mini-splits which are less than 2 years old, and the water heater is less than 2 years old.
Unit 3- is a 2nd floor unit, with 3 beds and 1 bath, rented at 525 per month with a 15 year tenant on a month to month lease. Tenant has no immediate designs on leaving. Once tenant leaves unit can be remodeled and rented for approximately 850 or more.
All information is deemed accurate but buyer/buyer's agent to verify.
Location
State TN
County Sullivan
Community Not In Subdivision
Area 0.14
Zoning R 1B
Direction From E Center St turn right at Seaver's donuts onto Dale St, building will be on right.
Interior
Heating Wall Furnace, Heat Pump
Cooling Heat Pump, Window Unit(s)
Fireplace No
Heat Source Wall Furnace, Heat Pump
Building
Lot Description Level
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Lincoln
Middle Schools Sevier
High Schools Dobyns Bennett
Others
Senior Community No
Tax ID 046o H 043.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Dustin Walden • True North Real Estate