Pending

Active Under Contract

401 Parkridge Drive, 401-415

Kingsport TN, 37660

$1,400,000


$145.83 per sqft

Pending

Active Under Contract

9,600 sqft

Multi-family

Built in 1989

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.

9972406

MLS ID

October 17, 2024

Listed

December 23, 2024

Updated

Map

401 Parkridge Drive, 401-415
Kingsport TN, 37660

Interior Features

Total Stories

2


Interior Features

Eat-in Kitchen, Laminate Counters


Appliances

Dishwasher, Disposal, Range, Refrigerator


Laundry Description

Electric Dryer Hookup, Washer Hookup


Floor Description

Luxury Vinyl, Carpet, Ceramic Tile


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

10.6 Acres


Exterior Features

Balcony


Lot Features

Sloped, Part Wooded, Level


Architectual Style

Contemporary, Townhouse


Sewer

Public Sewer

School Information

High School

Dobyns Bennett


Elementary School

Washington-Kingsport City

Other Property Details

Days on Market

69


Garage

Yes


Garage Spaces

4


Parking

Asphalt


View

Yes


View Description

Mountain(s)


County

Sullivan


Water Source

Public


Pool

No


Zoning

R 3

Listing History

Date

Event

Price

12/23/2024

Pending

Exclusive Listing Agents

The IDX display presents information sourced from the Tennessee / Virginia Regional Multiple Listing Service as of 12/23/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified.

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