$275,000

This is the investment property you've been waiting for! Two brick duplexes on the same parcel for a total of four units. The units sit on a nice quite cul de sac.The one on the corner has a newer metal roof within the past 2 years.Each unit is two bedrooms, one bathroom and is around 942 square feet.The tenants pay all utilities and each unit is separately metered for water and electric. The tenants maintain their own lawn. Trash pick up is provided by the City of Kingsport. The owners pay property taxes, insurance, and maintenance costs. The sellers self-manage and do not have any other expenses on the property.Three of the units are occupied. One unit is vacant because the tenant just moved out and the seller is renovating this unit to make it rent ready. Once it's rent ready they plan on placing a tenant in it for $725 per month unless it goes under contract sooner and the new owner would prefer to place their own tenant.