420 Wheatley Street
420 Wheatley Street, Kingsport, TN 37660
$880,000
MLS# 10001184
Listing courtesy of KW Johnson City · Alex Cooley
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Talk to a licensed Spring Mountain agent about 420 Wheatley Street, Kingsport, TN 37660 — price, condition, and whether it is still available.
About this property
Unlock the potential of this income-producing apartment building in the heart of Kingsport! Featuring 8 total units, this property offers a versatile mix of floor plans to attract a variety of tenants: (2) spacious 3-bed/1-bath units (4) comfortable 2-bed/1-bath units, (2) efficient 1-bed/1-bath units All units are currently 100% occupied by long-term tenants, providing stable cash flow with significant upside potential through future rent increases. The property is in an excellent location directly across from Eastman Headquarters, ensuring strong demand and long-term security. That's not all--an additional 421 sq. ft. storage area provides extra income potential or utility space for tenants. Each apartment comes with its own individual power meter, while city water, sewer, and schools make management simple. Tenants will also appreciate the ample on-site parking, a rare and valuable convenience for multi-family living. Whether you're an experienced investor looking to expand your portfolio or just starting out in real estate investing, this property offers a solid opportunity with long-term rental demand. Schedule your showing today and see why 420 Wheatley Street is the smart move for your investment future!
MLS #10001184 · Tennessee/Virginia Regional MLS
Property facts
- Status
- Active
- Property type
- Commercial Lease
- Bedrooms
- —
- Bathrooms
- 0
- Living area
- 7,864 sq ft
- Lot size
- 0.57 acres
- Year built
- 1,971
- County
- Sullivan
- Price / sq ft
- $112/sq ft
- Days on market
- 1
- MLS number
- 10001184
- Listing office
- KW Johnson City
Location
420 Wheatley Street, Kingsport, TN, 37660
Listing data courtesy of Tennessee/Virginia Regional MLS
Listing content is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Spring Mountain Realty PLLC. All measurements, acreage, room counts, and permitted uses are approximate and should be independently verified by the buyer.
Properties marketed by brokerages other than Spring Mountain Realty PLLC are identified with the listing office name. Listings that a seller has excluded from internet display are not shown, and addresses are withheld where the seller has requested it.
Spring Mountain Realty PLLC is an Equal Housing Opportunity brokerage. We do not provide guidance on schools, demographics, or the composition of any area. Buyers are encouraged to research those subjects using independent public sources.
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