2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000
18
BD
18
BA
10,678
SqFt

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List Price
$1,149,000
MLS#
10001173
Status
ACTIVE
Baths
18
Beds
18
Sq. Ft
10,678
Region
City/Northwest
Subdivision
Not In Subdivision
Year Built
1937

Property Description

Exceptional investment opportunity in the heart of Kingsport. Originally constructed as Riverfront Hospital, the city's first hospital, this historic apartment building has been thoughtfully updated while retaining its unique character. The property offers 10 residential units, including eight 2-bedroom apartments and two 1-bedroom apartments. Tenants are responsible for their own electric and water utilities. Overlooking the Holston River and Riverfront Park, the location is one of the property's greatest assets, providing both scenic views and convenient access to downtown amenities. Major capital improvements have already been completed. Approximately eight of the ten units were extensively renovated. During the renovations, much of the original plumbing was replaced. There are new appliances throughout many of the units, including washers and dryers in select apartments. This is a rare opportunity to acquire a historic, income-producing property with significant updates already completed in one of Kingsport's most desirable riverfront locations.

Additional Information

Lot Dimensions
26,136'
Style
Historic
Roof
Shingle
Heating
Heat Pump
Cooling
Heat Pump
Elementary School
Washington
Middle School
Sevier
High School
Dobyns Bennett

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Calculator source: Real Geeks

Listing courtesy of Wallace.