401 Parkridge Drive, Unit 401415

Kingsport, TN 37660

$1,400,000
Price
7
Beds
8
Baths
8
1/2 Baths
9,600 Sq. Ft.
$146 / Sq. Ft.
9,600
Sq. Ft.
$146
per Sq. Ft.

Description

Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the...Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the rear of the building, each unit has deck or patio. Plenty of parking in the front, 4 units have one-car garage.
  1. Listed by Mary Glenn Lively • Southern Dwellings

Property Details for 401 Parkridge Drive, Unit 401415

Architectural Style
Contemporary, Townhouse
View
Mountain(s)
Zoning
R 3
Subdivision
Not In Subdivision
LISTING UPDATED: 10/17/2024 01:48 PM

Property Details for 401 Parkridge Drive, Unit 401415

StatusActive
MLS #9972406
Days on Market39
Taxes$12,475 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1989
Lot Size10.60 AC / 461,736 SF
CountySullivan County

Building Information for 401 Parkridge Drive, Unit 401415

Stories2Residences-Year Built1989Building Size-Lot Size10.60 AC / 461,736 SF

Property Information for 401 Parkridge Drive, Unit 401415

Summary
Location and General Information
  • City: Kingsport
  • County: Sullivan
  • Directions: Downtown Kingsport to Netherland Inn Rd to left on Ridgefields Rd. Left on Eastley to left on Parkridge.
  • Latitude: 36.54
  • Longitude: -82.59
  • Postal Code: 37660
  • State Or Province: TN
  • General Property Description : Zoning: R 3
Taxes and HOA Information
  • Association: No
  • Parcel Number: 045n B 032.10
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 3171
  • Location Tax Legal Info : Deed Page: 1670
  • Location Tax Legal Info : City Taxes: $5,659.68
  • Location Tax Legal Info : County Taxes: $6,814.97
School Information
  • High School: Dobyns Bennett
  • Middle Or Junior School: Sevier
  • Elementary School: Washington-Kingsport City
Parking
  • Garage Spaces: 4.00
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: see acres
  • Lot Size Square Feet: 461,736.00
  • Lot Size Acres: 10.6
  • Lot Features: Sloped, Part Wooded, Level
  • Lot Size Area: 10.60
  • Lot Size Units: Acres
  • Building Area Total: 9,600.00
  • General Property Description : Acres: 10.60
Property and Assessments
  • Property Condition: Above Average
  • Property Type: Multi Family
  • Year Built: 1989
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
  • Info Available : Aerial: Yes
Utilities
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • # Fireplaces: 4
  • Cooling: Heat Pump
  • Fireplace Features: Living Room
  • Interior Features: Eat-in Kitchen, Laminate Counters
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Bathrooms Total Decimal: .00
  • Basement: Crawl Space
  • Flooring: Luxury Vinyl, Carpet, Ceramic Tile
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two, One
  • General Property Description : Stories: 2
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Fireplace : Living Room: Yes
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Privacy
  • Parking Features: Asphalt
  • Patio And Porch Features: Covered, Deck, Rear Patio
  • Window Features: Insulated Windows
  • Heating : Heat Pump: Heat Pump
  • Senior Community: No
  • Walls : Drywall: Yes
  • Exterior Finish : Brick: Yes
Multi Family
Multi-Family Information
  • General Property Description : # of Units: 8.00
  • General Property Description : Total Units: 8.00
  • Location Tax Legal Info : Unit #: 401-415
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 100200
  • Income and Expenses : Vacancy Rate: 0
  • Operating Expense Includes: Lawn Maint, Repairs and Maint, Taxes Real Estate, Waste
Unit 1
  • Unit 1 : # Units: 2
  • Unit 1 : # Half Baths: 4.0
  • Unit 1 : # Bathrooms: 2.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : SqFt: 2200
Unit 2
  • Unit 2 : # Units: 2
  • Unit 2 : # Bedrooms: 3
  • Unit 2 : # Bathrooms: 2.00
  • Unit 2 : SqFt: 3000
Unit 3
  • Unit 3 : # Units: 4
  • Unit 3 : # Bedrooms: 2
  • Unit 3 : # Bathrooms: 4.0
  • Unit 3 : Half Baths: 4.0
  • Unit 3 : SqFt: 4400
Unit 4
  • Unit 4 : # Units: 0

Property History for 401 Parkridge Drive, Unit 401415

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 401 Parkridge Drive, Unit 401415

This home is within Kingsport School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Robinson Middle School
Public6 to 8

Sevier Middle School
Public6 to 8

Dobyns - Bennett High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

401 Parkridge Drive, Unit 401415 is a multi-family home for sale in Kingsport, TN 37660. This property was listed for sale on October 17, 2024 by Southern Dwellings, it's currently listed at $1,400,000. This listing's school district is Kingsport School District. Nearby schools include Washington Elementary School, Robinson Middle School and Sevier Middle School. 401 Parkridge Drive, Unit 401415 is a 7-bed, 12-bath, 9,600 sqft multi-family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Southern Dwellings, Mary Glenn Lively (423.963.8310)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 10/17/2024 01:48 PM