$1,605,000
$1,650,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
12,870 SqFt
SOLD DATE : 01/15/2025
Key Details
Sold Price $1,605,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,870 sqft
Price per Sqft $124
MLS Listing ID 1278894
Sold Date 01/15/25
Originating Board East Tennessee REALTORS® MLS
Year Built 1973
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 150x147
Property Description
RARE OPPORTUNITY - 16 UNITS - KINGSTON - 8 CAP - FULLY RENTED WITH 11 OUT OF 16 UNITS RECENTLY RENOVATED. See financials in the docs tab with income and expenses including a full rent roll. Nicely located to downtown Kingston, the 11 renovated units feature new flooring, appliances and kitchen cabinetry. Residents enjoy parking at their door and & an onsite laundry room. Additionally, the 8 two bedroom units have their own washer/dryer connections and central HVAC. This property enjoys plenty of parking, excellent unit mix, convenient location and great proximity to parks, a beautiful waterfront and easy boat launch access.
Location
State TN
County Roane County - 31
Area 22216.0
Rooms
Other Rooms Other
Interior
Heating Forced Air, Baseboard, Electric
Cooling Central Cooling, Wall Cooling
Flooring Laminate, Carpet, Vinyl
Appliance Dishwasher, Range, Refrigerator, Self Cleaning Oven
Heat Source Forced Air, Baseboard, Electric
Exterior
Exterior Feature Balcony
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Composition
Garage No
Building
Faces From I-40 take exit 352 and head South on Hwy 58 (N Kentucky St), Travel .7 miles and turn left onto E Spring St. Travel 2 blocks and Apartments are on the left at the NE corner of 4th and Spring.
Structure Type Brick,Other
Others
Restrictions No
Tax ID 058B G 006.00
Energy Description Electric
Acceptable Financing New Loan
Listing Terms New Loan
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Broker Associate | License ID: 354450