1151 Ridgecrest Ave, Kingsport, TN 37665
Active $800,000
No Baths
-- Beds
8,060 SqFt
0.39 Acres
- Great Investment Opportunity! Don't miss this five-unit income-producing property, including a basement unit, with established tenants and an excellent rental history! All five units are currently rented at $650 per month each, generating $3,250 in monthly rental income and $39,000 annually. The property has an excellent occupancy history, with the seller reporting virtually no vacancies and minimal tenant turnover. Current rental rates offer potential for increased income, making this an attractive opportunity for investors looking to expand their portfolio. Additional highlights include a roof approximately 8 years old and HVAC systems of varying ages, with most being less than 5 years old. Whether you're an experienced investor or looking to begin building your rental portfolio, this property offers immediate income with potential for future growth. Schedule your showing today and explore the possibilities!
- Year Built: 1965
- Air: null
- Heat: null
- Water: null
- Sewer: null
MLS#: 3615615
NEW Just listed — be the first to see it
· 8,060 sq ft
Jayden Fortune,
Affiliate Broker, PARIS
731-535-4980
Jayden Fortune grew up in Weakley County and knows West Tennessee the way you learn a place when you've actually lived it. He came to Premier Realty Group straight out of college, where he earned an ...
JUST LISTED
Just listed — be the first to see it
This commercial property at $800K won't last.
Only 0 days on market.
Get in the door before someone else does.