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308 E Sullivan St, Kingsport, TN, 37660

3beds
3baths
2,969sqft
$499,900
$168price/sqft
$3,284/moest. monthly cost
$131,360/yrincome needed

About This Home

Own a beautifully maintained, privately situated three-unit condo investment that is truly turn-key. Completely remodeled and featuring a brand-new roof, this property offers peace of mind along with modern style and quality. This exceptional property comes fully furnished, with all beautiful furniture and amazing appliances remaining -- allowing for immediate income potential from day one. Even better, it comes with an established and loyal clientele already in place, making this a seamless transition for any savvy investor. Each unit is thoughtfully designed and tastefully appointed, creating a warm, inviting atmosphere that keeps guests coming back time and time again. Whether you choose to continue operating as a successful short-term rental or explore long-term leasing options, the possibilities are both flexible and rewarding. These beautiful condos are not only located in the heart of Downtown Kingsport, but are also housed within a stunning, tall historic building-offering timeless character alongside modern comfort. Tucked away for privacy yet conveniently located near the vibrant charm of downtown, this property offers the perfect balance of seclusion and accessibility. Opportunities like this are incredibly rare-own not just real estate, but a thriving, income-producing asset from day one. Schedule your private showing today and step into a proven investment with endless potential!

Getting Around

79
WalkingVery Walkable
21
TransitMinimal Transit
50
BikeBikeable

Schools

8/10
Lincoln Elementary SchoolGrades PK-51.1 mi
7/10
Sevier Middle SchoolGrades 6-80.6 mi
8/10

Construction

Condition

  • Property condition: Above Average
  • Year built: 1920

Materials

  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Construction materials: Brick,Stone

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • 2+ Person Tub,Eat-in Kitchen,Granite Counters,Open Floorplan,Walk-In Closet(s)
  • Door features: Wide Doors
  • Window features: Double Pane Windows
  • Flooring: Tile,Brick,Ceramic Tile,Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,969
  • Total interior livable area: 2,969 sqft

Property

Details

  • Parcel number: 046p D 018.10
  • Zoning: B 2

Features

  • Levels: Three Or More
  • Stories: 3
  • Topography of land: See Remarks

Lot

  • Lot size: 871.20 sqft
  • Lot size dimensions: 28.22 x 42.33 IRR

Parking

  • Parking features: Other