308 East Sullivan Street, Kingsport, TN 37660
City Of Kingsport · Sullivan County
Key Facts
Description
Own a beautifully maintained, privately situated three-unit condo investment that is truly turn-key. Completely remodeled and featuring a brand-new roof, this property offers peace of mind along with modern style and quality. This exceptional property comes fully furnished, with all beautiful furniture and amazing appliances remaining -- allowing for immediate income potential from day one. Even better, it comes with an established and loyal clientele already in place, making this a seamless transition for any savvy investor. Each unit is thoughtfully designed and tastefully appointed, creating a warm, inviting atmosphere that keeps guests coming back time and time again. Whether you choose to continue operating as a successful short-term rental or explore long-term leasing options, the possibilities are both flexible and rewarding. These beautiful condos are not only located in the heart of Downtown Kingsport, but are also housed within a stunning, tall historic building-offering timeless character alongside modern comfort. Tucked away for privacy yet conveniently located near the vibrant charm of downtown, this property offers the perfect balance of seclusion and accessibility. Opportunities like this are incredibly rare-own not just real estate, but a thriving, income-producing asset from day one. Schedule your private showing today and step into a proven investment with endless potential!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
Multi Family
Year Built
1920
Living Area
2,969 sq ft
Lot Size
0.02 acres
Lot Dimensions
28.22 X 42.33 IRR
Zoning
B 2
Days on Market
1
MLS® Listing#
9995567
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Construction
Foundation
Roof
Windows
Security
Utilities
Sewer
Water Source
Schools
- Elementary:
- Lincoln
- Middle:
- Sevier
- High:
- Dobyns Bennett
Financial Details
HOA
None
Parcel Number
046p D 018.10
Directions
Downtown Kingsport to Broad Street to Church Circle. Turn right onto East Sullivan Street, building will be on your right.
Affordability Calculator
$99,980
Estimated monthly payment
$2,661/mo
Principal $399,920 · Est. interest $557,924 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kingsport, TN
- $337,968
- Median Listing Price
- 60
- Median Days on Market
- 1,774
- Median Sq Ft
- $178
- Median Price / Sq Ft
- 374
- Active Listings
- This home’s price is 48% above the area median.
- Its price per sq ft is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kingsport, TN.
Location
Points of Interest in Kingsport, TN
Showing the Kingsport area map.
Nearby Schools
First Baptist Church
School · 0.2 mi away
St. Paul's Day School & Kindergarten
School · 0.3 mi away
Kingsport City Schools
School · 0.6 mi away
Dobyns-Bennett High School
Secondary · 0.6 mi away
John Sevier Middle School
Secondary · 0.6 mi away
Jackson Elementary
Elementary · 0.9 mi away
Lincoln Elementary School
Elementary · 1.1 mi away
St. Dominic School Kingsport, TN
Secondary · 1.4 mi away
Roosevelt Elementary
Elementary · 1.5 mi away
Lighthouse Christian School
School · 1.6 mi away
Palmer Early Learning Center
School · 1.7 mi away
City of Kingsport Public Works
Secondary · 1.7 mi away
Dobyns-Bennett High School
Secondary · 1.8 mi away
Andrew Johnson Elementary School
Elementary · 2.0 mi away
Thomas Jefferson Elementary School
Elementary · 2.0 mi away
Gravely Elementary School
Elementary · 2.3 mi away
Cedar Grove Elementary School
Elementary · 2.3 mi away
Robinson Middle School
Secondary · 2.3 mi away
Kennedy Elementary
Elementary · 2.3 mi away
Parker's Chapel Church
School · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4517 Glenbrook Drive, Kingsport, TN | $354,000 | 3 | 3 | 2,050 |
| 813 Watauga Street, Kingsport, TN | $355,500 | 3 | 2 | 3,056 |
| 107 Summerview Court, Kingsport, TN | $359,000 | 3 | 2 | 2,299 |
| 4020 Cooks Inlet Road, Kingsport, TN | $359,900 | 3 | 3 | 1,790 |
| 217 Upland Drive, Kingsport, TN | $360,000 | 3 | 3 | 2,322 |
| 714 Mapleoak Ln, Kingsport, TN | $360,000 | — | — | 2,240 |
Moving Cost Estimate
EXIT Agents in Kingsport
Listing Courtesy: Blue Ridge Properties - 4232474181
Presented by: Connie Salyer