Are you looking to add to your investment portfolio or start one? Check out this three-unit multifamily property in the heart of the Tr-Cities. This property features a detached one-bedroom/one-bathroom cottage that could continue to produce income or is perfect as an owner suite to live on the property while the other two units pay for it. Unit #1 is located directly beside the cottage and features two bedrooms and one full bath. Unit #2 is on the lower level and features two bedrooms and one full bath. There is an additional space at the back of the building that could be finished into a small efficiency unit or expand unit two into a larger space and produce more rent. This property has had several updates over the years including flooring, siding, kitchen updates, and other general updates in the units. This property is centrally located and convenient to all of the Tri-Cities and minutes to Boone Lake! This one is priced to sell and ready for a new owner so check it out today! Property is being sold as-is and inspections are welcome. Information provided is believed to be accurate but provided as a courtesy only. *AGENTS PLEASE VIEW PRIVATE RMKS* Buyer/Buyer's Agent to verify and to conduct all due diligence for their intended use.
Sold for $199,900 on 02/14/25
$199,900
1984 Allison Rd, Piney Flats, TN 37686
5beds
3baths
2,444sqft
Multi Family
Built in 1964
-- sqft lot
$204,400 Zestimate®
$82/sqft
$1,547 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 14, 2025 at 07:49am
Listed by:
Justin Branson 423-366-7745,
REMAX Results Bristol
Bought with:
Sandra Moores ABR, CRS, GRI, 254747
Property Executives Johnson City
Source: TVRMLS,MLS#: 9970871
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Heat Pump
Cooling
- Heat Pump, Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Laminate Counters
- Flooring: Vinyl, Tile, Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,444
- Total interior livable area: 2,444 sqft
Property
Parking
- Parking features: Asphalt, Gravel
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
Lot
- Size: 0.55 Acres
- Dimensions: 220.71 x 147.49 IRR
- Topography: Rolling Slope, Level
Details
- Parcel number: 123 008.00
- Zoning: Comm A-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Block, Vinyl Siding
- Roof: Metal
Condition
- Average
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Piney Flats
- Subdivision: Allison Ridge
Other
Other facts
- Listing terms: Cash,Conventional