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Key Details
Sold Price $358,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,576 sqft
Price per Sqft $139
Subdivision Vinsant Estates
MLS Listing ID 1348783
Sold Date 09/30/26
Year Built 1989
Lot Dimensions 140x101
Source East Tennessee REALTORS® MLS
Property Description
Want a place to live? Work? Both? Rental Income? The opportunities are endless with this property. It is currently being utilized as a commercial real estate office in the left side with approximately 1,120 sq. ft. This area has a waiting area, reception area, 3 separate offices, a full kitchen and a half bath with room to complete a full bath with a little reno work plus a large storage room. The residential side is a spacious 3 bedroom, 2 full bath apartment with a large living room, glass french doors that lead to the kitchen/dining room with multiple pantries. The major appliances (Stove, Refrigerator, Microwave, Washer & Dryer) can convey. The master bedroom has a large walk-in closet and a full ensuite bath. The second bedroom also has a spacious walk-in closet. The third bedroom at the end of the hall has a large closet as well. The second full bath is located in the hall and shared between those 2 bedrooms. The laundry room has extra storage space as well. The roof on the apartment is just weeks old and the roof on the office is less than 10 years old and is still in good condition. The units have separate water and electric meters and they share a septic system. The hvac units and office water heater were updated in the last year as well. You could live in one end and work in the other, rent both sides out for well over $5,000/month, work in one side and rent the other side out or just work throughout the entire building. The entire front of the building to the road is paved and there are NO steps to access the property. There is a drainage grate along the entire front of the building as well. Don't miss the extra large storage building to the left as it can hold a ton of stuff and has a ramp for easy dolly access. This has been the home of Ridge Real Estate LLC and Ridge Heating and Air for years and we are just moving out the road to 942 Towe String to allow us to consolidate and include Ridge Contracting LLC our other business. This location has served us great and there is a tremendous amount of visibility to traffic. The deed will restrict against any real estate or heating and air businesses from operating here but there are a ton of other business opportunities to be had. We are only selling to facilitate a reverse IRS Section 1031 Exchange. We love the building but don't need both of them. Owner/Agent. Buyer and/or Buyer's Agent to verify all information to their satisfaction prior to closing.
Location
State TN
County Campbell County - 37
Rooms
Other Rooms DenStudy, Addl Living Quarter, Bedroom Main Level, Office, Mstr Bedroom Main Level
Interior
Interior Features Walk-In Closet(s), Pantry
Heating Heat Pump, Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Carpet, Vinyl
Furnishings true
Window Features Windows - Insulated
Appliance Dryer, Microwave, Range, Refrigerator, Washer
Heat Source Heat Pump, Central, Electric
Exterior
Exterior Feature Windows - Vinyl, Detached Workshop, Handicap Accessible
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Shingle
Garage No
Building
Faces Follow GPS to Exit 134 and then once you are on Appalachia Highway 25W/63E ignore your GPS and go to Walgreens and turn right onto Towe String Road.
Additional Building Shed
Structure Type Vinyl Siding,Brick,Block
Others
Tax ID 110L B 06100 000
Security Features Security Alarm,Smoke Detector
Energy Description Electric
Acceptable Financing Other, New Loan, Cash, Conventional
Listing Terms Other, New Loan, Cash, Conventional
Pets Allowed No
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