629 Branch Street
Property Description
Investment opportunity in Kingsport! 629 Branch St offers a unique and versatile two-unit setup with a strong rental history and excellent income potential. The property features a spacious 4-bedroom, 2.5-bath main residence along with a separate studio apartment with a full bath, providing multiple options for an investor or owner-occupant. The property has a proven history as an income-producing rental, with both units consistently attracting tenants. The main residence is currently rented for $2,500 per month, while the studio is currently rented for $1,300 per month, generating a combined gross rental income of $3,800 per month. Each unit offers its own private living space and laundry, making the property well suited for a two-unit investment. The studio unit could also provide flexible space for extended family, guests, or multi-generational living. Conveniently located near Downtown Kingsport, Eastman, shopping, dining, and major roadways, this property combines accessibility, versatility, and an established rental history. Rent rolls and operating expense information are available upon request. Seller currently pays utilities. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied income opportunity, 629 Branch St offers multiple possibilities for its next owner. Property is being sold as-is. Buyer/Buyer's Agent to verify all information.
Broker Details
Greater Impact Realty LLC (423) 973-8634
MLS ID: 32219 State License Number: 338884
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $299,900 |
| No. of Units: | 2 |
| Year Built: | 1920 |
| Lot Size: | 2,112.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $149,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 4 |
ID: 3yd-TVARMLS-10000786
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