205 Fourth St Kingston, TN 37763

Listing details for 205 Fourth St, Kingston, TN 37763 : Located overlooking downtown in Kingston, this 4 plex has been carefully maintained by its long time owner. The units have a long track record of being 100% leased with a waiting list . They are currently leased $895/mth. 2 BR 1.5 bath units have double balconies overlooking dwntwn area. The units are offered unfurnished with nice appliance packages. 1st Tuesday of every month the owner and his on-call maintenance man visit each unit to check various items thru-out the unit. All leases along with full year financials for 2022 and to date for 2023 are available upon request for qualified buyers. Current asking price is 7 cap rate based on 2022 income and expenses. Great opportunity to get into the rental property market with a well maintained and successful property.