1433 Stratford Rd Kingsport, TN $ 1,225,000
1433 Stratford Rd
$ 1,225,000
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1433 Stratford Rd

Kingsport, TN, 37664
$ 1,225,000
Bedrooms8 Baths5.0 Sq 6,750

Monthly Estimate*

$ 8,142

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Multi-Family Home for sale in Kingsport, TN

for $1,225,000 with 8 bedrooms and 5 full baths. This 6,750 square foot home was built in 1971.

SVN | Accel Commercial Real Estate is pleased to bring to market an 11 unit opportunity in Kingsport, TN. This property allows an investor to take advantage of the rapid growth in this region with little inventory coming to market. and the demand from incoming residents continuing to rise. There are 11 units with a mix consisting of 1 unit - 3 bed 2 bath, 4 units - 1 bed 1 bath, and 6 units - 2 bed 1 bath. The property is currently 100% occupied with monthly rents totaling $9910 with opportunity to increase. All units electricity is separately metered, water and trash is shared with the adjacent property and is billed back to the tenants. The adjacent property is identical and is also for sale allowing the new owner to combine the two properties to acquire a total of 22 units. Please contact agents to schedule a showing. Do NOT disturb tenants or visit property without prior approval.

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 5,946

Style

Multi Family

Year Built

1971

Town/City

Kingsport

County/Region

Sullivan

MLS | Web ID

2618863

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Zoning R3
Garage Spaces 0
Construction Materials Brick
Year Built 1971
View Bluff Valley
Stories 2
Levels Two
Gross Income 118920
County Sullivan County TN
Net Operating Income 74920
Operating Expense 44000
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Green Valley Manor Sec 1
Garage Y/N N
Status Active
Directions Follow I-40 E and I-81 N to TN-36 N/Fort Henry Dr in Kingsport. Take exit 59 from I-81 N. Continue on TN-36 N/Fort Henry Dr. Drive to Stratford Rd
High School Dobyns - Bennett High School
City Kingsport
View Y/N Y
Total Units 11
Waterfront Y/N N
Carport Y/N N
Street Name Stratford Rd
Elementary School Andrew Johnson Elementary School
Property Attached Y/N Y
Year Built Details EXIST
Tax Annual Amount 5946
Middle/Junior High School Ross N. Robinson Middle School
Days on Market 0
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 3930
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 6750
Full Baths 0
Half Baths 0
Laundry Features Share
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
Living Area Units Square Feet
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Exterior
Water Source Public
Total Parking 0
Inclusions APPLN
Building Area Total 6750
Lot Dimensions 84 X 226.9 IRR
Lot Size Units Acres
Covered Spaces 0
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Internal Only
Street Number 1 1433
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* Excluded Features
List By
Svn Accel Commercial Real Estate

Broker

kunal.patel@svn.com

Email

Affordability Calculator

$8,637
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,142
Monthly Property Taxes
$496
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4570737 Elementary School
4570738 Middle School
Dobyns - Bennett High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2024$1,225,000 Listed Price

Map


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1433 Stratford Rd, Kingsport, TN, 37664 is a Multi-Family Home for sale at $1,225,000 with 6,750 sqft. 1433 Stratford Rd has 8 bedrooms, 5.0 baths, and was built in 1971. The property's zip code is 37664 which is in Kingsport, TN