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3109 Tiffany Court Court

Kingsport, TN 37663
  • $1,550,000
  • STATUS: Active
  • ON SITE: 30 days
  • ID#: 1158066
Price Reduced
$1,550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,986
    SQFT
  • $111
    $/SQFT
Type:
Multi-Family
Built:
1978
County:
Area:

School Ratings & Info

Description

Tiffany Court apartments features fourteen 2BD 1 BA units and three 1 BD 1 BA units. Twelve of the apartments are traditional garden style while five are townhome style. Twelve units have washer dryer connections while the others use the coin laundry facility on site. All units have central heat and air and the metal roofs are in great condition. With cosmetic renovations, rents could be increased by $125. There is also a five unit storage area that could be rented for additional income. The property sits on a large lot that could allow for additional units to be built. Location Description: This property is located in Kingsport, which is part of the region known as the "Tri-Cities". The Tri- Cities also include Bristol and Johnson City. Kingsport's continued growth has put the city on recent national rankings. U-Haul recently announced that in 2020, Kingsport ranked as the 12th migration growth city in the nation. Highlights: Value-Add Located in Booming Tri-Cities Majority Two Bedroom Units

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© 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to A+ Team | eXp Realty LLC. Information is deemed reliable but is not guaranteed accurate by the MLS or A+ Team | eXp Realty LLC. Data last updated: 2021-07-26T23:57:34.173.
www.angiewallace.com/homes/118754063
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3109 Tiffany Court Court Kingsport, TN 37663

  • Price: $1,550,000
  • Status: Active
  • ID#: 1158066
0
Beds
0
Baths
0
½ Baths
N/A
Acres
13,986
SQFT
$111
$/SQFT
1978
Built
County:
Sullivan County
Area:
Kingsport
Property Description
Tiffany Court apartments features fourteen 2BD 1 BA units and three 1 BD 1 BA units. Twelve of the apartments are traditional garden style while five are townhome style. Twelve units have washer dryer connections while the others use the coin laundry facility on site. All units have central heat and air and the metal roofs are in great condition. With cosmetic renovations, rents could be increased by $125. There is also a five unit storage area that could be rented for additional income. The property sits on a large lot that could allow for additional units to be built. Location Description: This property is located in Kingsport, which is part of the region known as the "Tri-Cities". The Tri- Cities also include Bristol and Johnson City. Kingsport's continued growth has put the city on recent national rankings. U-Haul recently announced that in 2020, Kingsport ranked as the 12th migration growth city in the nation. Highlights: Value-Add Located in Booming Tri-Cities Majority Two Bedroom Units
Exterior Features

Construction FrameFrame - Brick Driveway Paved Exterior Features BalconyPorch - Covered Garage Parking On Premise Parking Lot Size 3 Parcels Siding BrickFiber Cement

Interior Features

Appliances Range/OvenRefrigerator Cooling Central Cooling Floors LaminateTileVinyl Fuel Other Fuel Heat Central Other Rooms Other

Property Features

Annual Oper Expenses 28846.00 Auction YN No City County Code City Limits City Taxes 1644.83 County Taxes 2047.78 Gross Annual Income 143736.00 Lease Information 1Yr - Mo To Mo Multifamily Sub Type Apartment New Financing CashConventionalNew Loan Owner Expenses AdvertisingCommon Area MaintenanceExterior MaintenanceInsuranceLawn MaintenanceSewerTaxesTrash CollectionWater Property Status N/A Pud YN No Sale Includes Building And LandSome Furnishings Tenant Expenses ElectricityHeating Total Tax 3692.61 Type Of Units 1 Bedroom Unit2 Bedroom Unit Utilities Mo Avg 538.00

Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Svn I Wood Properties.


© 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to A+ Team | eXp Realty LLC. Information is deemed reliable but is not guaranteed accurate by the MLS or A+ Team | eXp Realty LLC. Data last updated: 2021-07-26T23:57:34.173.
 
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