12-13 Cap and 100% occupancy very low turn over, long term tenants with lots of upgrades and granite! 20 one bedroom apartments with 60% upgraded with LVT or new carpet and granite countertops. These units could easily rent for $700+ a month not counting short term rental or the stand alone building that will house a western wear store for $950/month. It's on septic currently but can be converted to sewer. Property is low maintenance and easy to upkeep.
Sold for $1,425,000 on 03/15/23
$1,425,000
216 Colonial Heights Rd, Kingsport, TN 37663
20beds
20baths
13,739sqft
Multi Family
Built in 1979
-- sqft lot
$1,953,400 Zestimate®
$104/sqft
$1,160 Estimated rent
Home value
$1,953,400
$1.66M - $2.29M
$1,160/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 30, 2024 at 08:56am
Listed by:
Laura Meade 404-433-7371,
Bridge Pointe Real Estate Jonesborough
Bought with:
Bryan Sangid, 321218
The Brokers Realty & Auction
Source: TVRMLS,MLS#: 9947045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Interior area
- Total structure area: 13,739
- Total interior livable area: 13,739 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.95 Acres
- Dimensions: 191 x 452 x 202 x 384
- Topography: Level
Details
- Parcel number: 092g B 003.00
- Zoning: B4
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
Condition
- Above Average,Average
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, See Remarks
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Kingsport
- Subdivision: Not Listed
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2023 | Sold | $1,425,000-4.7%$104/sqft |
Source: TVRMLS #9947045 Report a problem | ||
| 1/13/2023 | Contingent | $1,495,000$109/sqft |
Source: TVRMLS #9947045 Report a problem | ||
| 1/7/2023 | Listed for sale | $1,495,000$109/sqft |
Source: TVRMLS #9947045 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Colonial Heights
Nearby schools
GreatSchools rating
- 8/10Rock Springs Elementary SchoolGrades: PK-5Distance: 2 mi
- 4/10Sullivan Heights Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10West Ridge High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Rock Springs
- Middle: Sullivan Central Middle
- High: West Ridge
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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