Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the rear of the building, each unit has deck or patio. Plenty of parking in the front, 4 units have one-car garage.
Sold for $1,200,000 on 02/26/25
$1,200,000
401 Parkridge Dr #415, Kingsport, TN 37660
7beds
8baths
9,600sqft
Multi Family
Built in 1989
-- sqft lot
$1,228,700 Zestimate®
$125/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2025 at 08:04am
Listed by:
Mary Glenn Lively 423-963-8310,
Southern Dwellings
Bought with:
Shelley Martin, 349770, 0225243111
Prestige Homes of the Tri Cities, Inc.
Source: TVRMLS,MLS#: 9972406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Eat-in Kitchen, Laminate Counters
- Flooring: Luxury Vinyl, Carpet, Ceramic Tile
- Windows: Insulated Windows
- Basement: Crawl Space
- Number of fireplaces: 4
- Fireplace features: Living Room
Interior area
- Total structure area: 9,600
- Total interior livable area: 9,600 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt
- Garage spaces: 4
Features
- Levels: Two,One
- Stories: 2
- Patio & porch: Covered, Deck, Rear Patio
- Exterior features: Balcony
- Fencing: Privacy
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10.60 Acres
- Topography: Sloped, Part Wooded, Level
Details
- Parcel number: 045n B 032.10
- Zoning: R 3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
Condition
- Above Average
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Kingsport
- Subdivision: Not In Subdivision
Other
Other facts
- Listing terms: Cash,Other