Multiple Offers. Please submit Best and Final by 5pm, Monday, July 10.Great Value Add Opportunity!! Brick 10-Plex in Church Hill provides a great value add opportunity for an investor looking to expand their portfolio. Eight 1 bedroom, 1 bath units at the front of the building are all currently rented with a total gross income of $4860 per month. 6 have been remodeled. Roof was replaced in 2020. The rear of the building includes 2304 sq. ft. of unfinished and semi-finished space for income producing improvements including a 2 bedroom 1.5 bath unit in need of renovation, a framed 1 bedroom, 1 bath unit, and an additional space for an on-site laundry. Strong BRRRR potential. Rear space is not in the owner's current financials and could generate an additional $1700 per month in income once remodeled. Separate Electric meters. Owner pays water and trash.Property Information taken from tax records and third party sources. Buyers agent to verify all information.
Listing courtesy of Weichert Realtors Saxon Clark KPT. Selling Office: KW Kingsport.