5021 Emerald Drive, Kingsport, TN 37664
Local realty services provided by:CENTURY 21 Legacy
5021 Emerald Drive,Kingsport, TN 37664
$450,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: garrett addington
Office: the addington agency bristol
MLS#:9987426
Source:TNVA_MLS
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Price summary
- Price:$450,000
About this home
Looking for a lucrative investment in the heart of the TriCities? Don't miss this one! Boasting 4 units, this 4500+ sqft building showcases a unique townhome style development situated at the end of the cul de sac with tons of potential. Currently generating a generous return, this property offers a value add opportunity with below market rents, turn key condition with room for improvements, and possibility for so much more! Individually metered and eligible for HUD, this property could be tailored to meet various investment strategies- consider affordable housing, elevate to upscale townhomes, or continue benefiting from the lucrative returns that are already being generated from this stable asset. Each unit offers a well maintained condition highlighted with a spacious floor plan, luxury vinyl flooring in most units, HVAC, and sliding glass doors leading to the secluded back patio. Strategically positioned in the county, yet located in the highly sought after Cooks Valley area, this property showcases an enviable location convenient to nearly everything with easy access on to Hwy 126, I-81, and much more! Whether you're a savvy investor looking to add a great asset to the portfolio, or aiming to live for free by house hacking, this property delivers unparalleled versatility and potential! Opportunities like this do not come up often and will not last long priced to sell at $450k. Don't miss your chance, and call today to take advantage of this opportunity! The information provided herein is deemed reliable but is collected from third party sources and subject to buyers, or buyers agent, verification.
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Home facts
- Year built:1983
- Listing ID #:9987426
- Added:407 day(s) ago
- Updated:December 21, 2025 at 08:12 AM
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1983
Schools
- High school:West Ridge
- Middle school:Sullivan Central Middle
- Elementary school:Indian Springs
Utilities
- Water:Public
Finances and disclosures
- Price:$450,000
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