649 Lovedale Drive

Estimated Monthly Payment: $976.67/mo 649 Lovedale Drive, Kingsport, TN 37660 MLS# 9905752 Multi-Family Listing Status: Active
3,362 sqft
79
0
0
0

REMARKS:

Looking for an investment property with a 10% cap once all units are rented? Look no further. 4 Flex unit with 1 vacant unit that rents for $550. 3 Units occupied for $500 each. Units are 2 bedrooms, 1 bath, living room & kitchen and laundry area. Renters pay all utilities. Cap info based on all 4 units being rented. 1 for $550 a month and 3 for $500 a month =$24,600 gross - $2483.98 taxes-$1840 insurance=$20276.02 / list price of $189,000 = 10% cap. ****SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed ''****

OVERVIEW:

Multi-Family
Quadruplex
Active
413 - Downtown, Greenfields, Hillcrest
2 Story
1963
0.18
3362
80 x 100
Flood Zone, Level
Brick
Asphalt
Asphalt, Parking Spaces
Electric
Window Unit(s)
Public
Public Sewer

ROOM INFO:

Carpet, Vinyl

SCHOOLS:

Jackson
Sevier
Dobyns Bennett

FINANCIAL:

$189,000
$1,378

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of PARK HILL REALTY GROUP LLC

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor General Realty of Tennessee shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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