TN
Sullivan
Kingsport
37664
105 Lemay Drive
105 Lemay Drive, Kingsport, TN 37664
Listing Type
Multi Family
Listing Status
active
18
$1,200,000

Home Details for 105 Lemay Drive

Price
$1,200,000
Type
Residential Income
Bedrooms
0
Bathrooms
0.0
Square feet
5673
Year built
1977
Lot size acres
0.5
County
Sullivan
Garage
Days on site
115
MLS Listing#
9973412
Listing Courtesy: Choice Realty - 423-283-8560
Property Description

Welcome to this 12-unit apartment complex with all units being 1 bedroom, 1 bath. Ideally located in a thriving community with convenient access to local amenities, parks, and transportation. Just minutes from downtown Kingsport, Blountville, and Bristol, this property offers a prime location for residents. Most of all the units have been upgraded with modern finishes, including granite countertops in the kitchens and bathrooms, updated kitchen cabinets with ample storage and pantry space, and durable Luxury Vinyl Plank (LVP) flooring throughout. Additionally, the units feature fresh, new paint, giving each space a bright, inviting feel. New heating and cooling units, along with energy-efficient hot water heaters, ensure year-round comfort and cost-effective living. Recent exterior improvements include a new roof installed in November 2023, providing peace of mind and long-term protection from the elements. With a gross revenue of $8,500.00 and stable, long-term tenants, this property presents an excellent investment opportunity. Rents are still below market value, offering significant potential for future growth. This turn-key property, with most units upgraded and tenant stability in place, offers minimal maintenance and maximum profitability for investors seeking strong, consistent returns. Call me or your Agent for more information today.

Property Features
  • Utilities
    • Cable Available
    • Electricity Connected
    • Phone Connected
    • Water Connected
    • Cable Connected
  • House Interior
    • Granite Counters
    • Laminate Counters
    • Pantry
  • Heating Information
    • Heat Pump
    • Wall Furnace
  • Cooling Information
    • Wall Unit(s)
  • Water Features
    • Public
  • Parking
    • Asphalt
School Information
School Information for 105 Lemay Drive, Kingsport, TN 37664
Elementary School
Indian Springs
Middle School
Sullivan Central Middle
High School
West Ridge
. Presented by: John Burnette, Jr.
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Tennessee Virginia Regional MLS. All Rights Reserved.
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Tennessee Virginia Regional MLS.
EXIT REALTY TRI-CITIES
1604 Lamons Lane #201, Johnson City, TN 37604
Office
423 806 0400
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