1220 Morningside Circle

Kingsport, Tennessee

  • 2 Beds
  • 1 Baths
  • 2,850 SQ. FT.

$349,000

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Overview

1220 Morningside Circle

Owner will CONSIDER financing with an acceptable down payment. This residence comprises three distinct and independent units; it can function as a single-family dwelling or as a triplex. The front unit features two bedrooms, one bathroom, a living room, an eat-in kitchen, and a reading room. Exiting this unit through the reading room, ascend two steps to the shared laundry area and hallway leading to the entrance of Unit 2, which could serve as an impressive primary suite (refer to Unit #2 description). In the hallway, descending the stairs takes you to Unit #3, allowing internal access to all units, which is ideal for a multi-generational household. Unit #2 is designed as a studio with an open living area, a modest kitchen equipped with a refrigerator and microwave, and a spacious bathroom boasting a garden tub and separate shower. Unit #3, located on the lower level, includes a vast open living/dining space, an expansive kitchen, one bathroom, and one bedroom. A communal laundry facility is accessible to all occupants. Each unit has its own deck, with the front unit overlooking the street. The property is fully enclosed and includes a storage shed. This home underwent extensive renovations in 2023, including new HVAC systems for each unit. It features a durable metal roof and is offered fully furnished. More...Private Remarks: WITH ALL THE RENOVATIONS THIS PROPERTY HAS HAD; IT COMPS OUT AT $447,000. This property is tenant occupied, do not go there without making an appointment. Thank you. FOR POTENTIAL INVESTORS: RENTS HAVE BEEN: Unit #1: $1800/month Unit #2: $1400/month Unit #3: $1600/month Utilities average out to approximately $500/month pest control$58/mo lawn care $100/mo insurance for the building $1242/yr
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Facts & Features

Quick Facts

  • MLS # 9963832
  • Price $349,000
  • Bedrooms 2
  • Bathrooms 1
  • Full Baths 1
  • Half Baths 0
  • Square Footage 2,850
  • Price Per Square Foot$122.46
  • Acres0.23
  • Year Built1940
  • Type MultiFamily
  • Sub-Type Multi-Family
  • Style See Remarks,Traditional
  • Status Active Under Contract

Community Information

  • Address 1220 Morningside Circle
  • City Kingsport
  • County Sullivan
  • State Tennessee
  • Zip Code 37664

Amenities

Interior

  • Interior Features Eat-in Kitchen,Garden Tub,Laminate Counters,See Remarks
  • Heating Central,Other,See Remarks
  • Fireplaces See Remarks
  • Appliances Dryer,Electric Range,Microwave,Refrigerator,See Remarks,Washer
  • # of Fireplaces 1
  • # of Stories 2

Exterior

  • Exterior Vinyl Siding
  • Lot Description See Remarks
  • Roof Metal
  • Foundation Block
  • Exterior Features Balcony,See Remarks
  • Windows Double Pane Windows
  • Construction Site Built

Schools

  • Elementary Lincoln
  • Middle Sevier
  • High Dobyns Bennett High

Additional Information

  • Date Listed March 29th, 2024
  • Zoning residential
  • Days on Market 15
  • Short Sale No

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*Disclaimer: The monthly payment is before taxes and insurance.

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Listing provided by eXp Realty, LLC. Listing information is deemed reliable, but not guaranteed.