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MaryAnn Patton

maryann@pattonsplace.com +1(423) 677-6592

$ 625,000

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1300 Holyoke ST Kingsport, TN 37664

3,248 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,248 sqft

Price per Sqft $192

Subdivision Resub Kingsport Townsite

MLS Listing ID 9999939

HOA Y/N No

Total Fin. Sqft 3248

Year Built 1967

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 100 x 100

Source Tennessee/Virginia Regional MLS

Property Description

Fabulous four-unit investment property centrally located in downtown Kingsport, just minutes from I-26, area hospitals, major chemical and paper plants, restaurants, shopping, and everyday conveniences! There are 4 total units, each consisting of 2 bedrooms and 1 full bath. This property has been extensively remodeled and updated, including flooring, interior paint, appliances, plumbing, HVAC units, windows, and a durable metal roof. The brick exterior and metal roofing provide the added benefit of minimal exterior maintenance. All four units are currently furnished, with the owner paying utilities, taxes, and other property expenses. Current occupants are on three-month leases that transition to month-to-month thereafter. The owner has successfully catered to short-term and temporary occupants, including traveling nurses, interns, and other professionals--creating an attractive opportunity for an investor seeking a furnished rental property. For added flexibility, each unit has its own separate utility meter and HVAC system, allowing a future owner to easily transition utility expenses to tenants and pursue a more traditional rental structure if desired. The owner will also consider selling the furnishings and personal property currently located within the units, offering the potential for a truly turnkey investment opportunity. Whether continuing the current furnished rental model or transitioning to traditional long-term rentals, this property offers multiple income strategies, low-maintenance construction, and an excellent central Kingsport location!

Location

State TN

County Sullivan

Community Resub Kingsport Townsite

Area 0.23

Zoning R 1C

Direction From downtown Kingsport: Travel Center Street to right onto Lamont. Turn right on Holyoke Street. Located on the corner of Holyoke and Federal Street. Parking is on the right.

Interior

Heating Heat Pump

Cooling Central Air

Equipment Dishwasher, Exterior Lights, Range, Refrigerator, Washer

Heat Source Heat Pump

Exterior

Utilities Available Fiber Available, Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 061c G 001.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Kimberly Winston • Crye-Leike Realtors

NEARBY SCHOOLS & PROPERTIES

MaryAnn Patton

REALTOR® License ID: 270165

+1(423) 677-6592

MaryAnn Patton

1300 Holyoke ST Kingsport, TN 37664

Key Details

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Interior

Exterior

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NEARBY SCHOOLS & PROPERTIES

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