TN > Kingsport
Kingsport, TN 37664,5021 Emerald DR
Kingsport, TN 37664,5021 Emerald DR
Kingsport, TN 37664,5021 Emerald DR
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$450,000
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4,596 SqFt
Pending

5021 Emerald DR Kingsport, TN 37664

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Ed Dembowczyk

Ed Dembowczyk

+1(423) 426-4939

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,596 sqft

Price per Sqft $97

MLS Listing ID 9987426

Style Townhouse,See Remarks

HOA Y/N No

Year Built 1983

Lot Size 0.760 Acres

Acres 0.76

Lot Dimensions 33,105

Property Sub-Type Quadruplex

Source Tennessee/Virginia Regional MLS

Property Description

Looking for a lucrative investment in the heart of the TriCities? Don't miss this one! Boasting 4 units, this 4500+ sqft building showcases a unique townhome style development situated at the end of the cul de sac with tons of potential. Currently generating a generous return, this property offers a value add opportunity with below market rents, turn key condition with room for improvements, and possibility for so much more! Individually metered and eligible for HUD, this property could be tailored to meet various investment strategies- consider affordable housing, elevate to upscale townhomes, or continue benefiting from the lucrative returns that are already being generated from this stable asset. Each unit offers a well maintained condition highlighted with a spacious floor plan, luxury vinyl flooring in most units, HVAC, and sliding glass doors leading to the secluded back patio. Strategically positioned in the county, yet located in the highly sought after Cooks Valley area, this property showcases an enviable location convenient to nearly everything with easy access on to Hwy 126, I-81, and much more! Whether you're a savvy investor looking to add a great asset to the portfolio, or aiming to live for free by house hacking, this property delivers unparalleled versatility and potential! Opportunities like this do not come up often and will not last long priced to sell at $450k. Don't miss your chance, and call today to take advantage of this opportunity! The information provided herein is deemed reliable but is collected from third party sources and subject to buyers, or buyers agent, verification.

Location

State TN

County Sullivan

Area 0.76

Zoning R1

Direction From I-81S, Take exit 66 toward Kingsport. Turn right onto TN-126 W. Turn left onto Cooks Valley Rd. Turn right onto Spardale St. Turn right onto Emerald Dr. GPS Friendly.

Interior

Interior Features See Remarks

Heating Heat Pump

Cooling Heat Pump

Flooring Tile, Luxury Vinyl, Carpet, Laminate

Appliance Dishwasher, Electric Range, Refrigerator

Heat Source Heat Pump

Exterior

Parking Features Parking Pad

Roof Type Shingle

Topography Level

Porch Rear Patio

Building

Story 2

Entry Level Two

Water Public

Architectural Style Townhouse, See Remarks

Level or Stories 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Indian Springs

Middle Schools Sullivan Central Middle

High Schools West Ridge

Others

Senior Community No

Tax ID 048o C 011.00

Listed by Garrett Addington • The Addington Agency Bristol

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Ed Dembowczyk

Ed Dembowczyk

Agent | License ID: 351915

+1(423) 426-4939

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5021 Emerald DR