1527-1529 Fuller Street Kingsport, TN 37664
Multi-Family (2-4 Units)
MLS #: 9977041
Courtesy Of Blue Ridge Properties
Property InformationDescription
This investment property featuring a quadplex and a standalone house offers immediate rental income with over an 8% cap rate. Unlike properties priced for potential earnings, this opportunity allows you to buy at today's income and grow into future potential, ensuring a solid return from day one while leaving room for increased cash flow over time.
The current owner has stabilized rents at a sustainable level, providing an opportunity for future rent increases as further improvements are made and as the market naturally appreciates. Recent updates include new windows, updated flooring, and mini-split units, enhancing efficiency and tenant satisfaction.
Unit 8 has been intentionally left vacant for showings, allowing the new owner to decide its best use. High rental demand is already proven, with multiple inquiries received for this unit alone.
Located in Kingsport, close to shopping, dining, and essential amenities, this property ensures strong occupancy and long-term tenant appeal. Whether you're a seasoned investor or entering the market, this is a rare opportunity to generate immediate cash flow while strategically increasing returns over time.
The current owner has stabilized rents at a sustainable level, providing an opportunity for future rent increases as further improvements are made and as the market naturally appreciates. Recent updates include new windows, updated flooring, and mini-split units, enhancing efficiency and tenant satisfaction.
Unit 8 has been intentionally left vacant for showings, allowing the new owner to decide its best use. High rental demand is already proven, with multiple inquiries received for this unit alone.
Located in Kingsport, close to shopping, dining, and essential amenities, this property ensures strong occupancy and long-term tenant appeal. Whether you're a seasoned investor or entering the market, this is a rare opportunity to generate immediate cash flow while strategically increasing returns over time.
Features
- Age: Over 50 Years Old
- Appliances: Dishwasher, Range, Refrigerator, Washer
- Architecture Style: New Traditional
- Cooling System: Window Unit(s) A/C
- Exterior Type: Brick
- Floor Covering: Laminate
- Lot Size: 0.15 Acres
MAP & DIRECTIONS
School Information
1527-1529 Fuller Street, Kingsport, TN 37664
Elementary School
Grades PK-5 |
Public School
THOMAS JEFFERSON ELEMENTARY SCHOOL
Kingsport, TN 37664
2216 Westmoreland Ave
423.378.2270
Distance: 0.3 mi
School Rating
B
Student:Teacher Ratio
13:1
Total Students
437
Middle School
Grades 6-8 |
Public School
ROSS N. ROBINSON MIDDLE SCHOOL
Kingsport, TN 37664
1517 Jessee St
423.378.2200
Distance: 0.3 mi
School Rating
A-
Student:Teacher Ratio
16:1
Total Students
954
High School
Grades 9-12 |
Public School
WEST RIDGE HIGH SCHOOL
Blountville, TN 37617
Distance: 9.3 mi
School Rating
B
High School
Grades 9-12 |
Public School
DOBYNS-BENNETT HIGH SCHOOL
Kingsport, TN 37664
1 Tribe Way
423.378.8400
Distance: 0.3 mi
School Rating
A-
Student:Teacher Ratio
15:1
Total Students
2379
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Palmer Early Learning Center | 0.4 mi | Public | PK | |
| Andrew Johnson Elementary School | 0.6 mi | Public | PK-5 | A |
| St Dominic Catholic School | 0.6 mi | Private | PK-5 | |
| Abraham Lincoln Elementary School | 0.9 mi | Public | PK-5 | B+ |
| John Sevier Middle School | 1.4 mi | Public | 6-8 | C+ |
| Christian Life Academy | 1.5 mi | Private | KG-12 | |
| St Paul's Day School & Kindergarten | 1.9 mi | Private | PK-KG | |
| North Middle School | 2.1 mi | Public | 6-8 | |
| Lighthouse Christian School | 2.6 mi | Private | KG-12 | |
| Andrew Jackson Elementary School | 2.8 mi | Public | KG-5 | C |
| Rock Springs Elementary School | 3.5 mi | Public | PK-5 | A |
| Theodore Roosevelt Elementary School | 3.5 mi | Public | KG-5 | B+ |
| Sullivan Heights Middle School | 3.7 mi | Public | 6-8 | B |
| Ketron Elementary School | 3.9 mi | Public | PK-5 | C- |
| John F. Kennedy Elementary School | 4.0 mi | Public | PK-5 | B+ |
| Top Academy | 4.1 mi | Private | KG-12 | |
| Colonial Heights Middle School | 4.2 mi | Public | 6-8 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Kingsport, TN 37664
| Median Age: | 47.1 |
|---|---|
| Married: | 43% |
| Number of Households: | 11,229 |
| Households with Children: | 24.1% |
Kingsport, TN 37664
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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