Property Description

Cash-flowing duplex offering strong in-place income with additional upside potential in a growing Kingsport rental market. Ideally located directly adjacent to the Kingsport Greenbelt Trail Head, the property offers convenient access to one of the area's popular recreational amenities. The property consists of two separately leased units, with Unit 1 (House) featuring 4 bedrooms, 2.5 bathrooms, and approximately 1,800 SF, and Unit 2 (Studio) featuring 1 bedroom, 1 bathroom, and approximately 800 SF. Both units are currently leased on annual terms, and following a recent rent increase, the property is generating approximately $45,000 in current annualized gross rental income.The property has been well maintained, with major improvements completed over the past several years. All heat pump components serving the House were replaced within the past two years, while the House underwent a substantial renovation approximately nine years ago that included updated electrical, plumbing, kitchen, and bathrooms. New carpet was installed in 2026. Each unit is separately equipped with a refrigerator, range, dishwasher, and washer/dryer.With strong in-place cash flow, recent improvements, and potential for future rental growth, 629 Branch St presents an attractive opportunity for an investor seeking immediate income and long-term upside. Motivated seller - offers welcome. Financials available upon request.

Property Features

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