Ad #7613847
MLS #9998181
Income-producing opportunities with six occupied units are
105 Brookfield Dr, Kingsport, Tennessee, 37663
$429,900
3Beds
3Baths
4,347Sqft
0.350Acres
About this property
Income-producing opportunities with six occupied units are becoming increasingly difficult to find, and 105 Brookfield Drive offers investors a unique opportunity to acquire a fully leased mixed-use property with the stability of residential income and the added diversification of commercial tenants. The property features three one-bedroom residential apartments on the lower level and three fully occupied commercial suites on the upper level, creating six separate income streams that generate immediate cash flow from day one. The commercial component consists of approximately 1,850 square feet divided into three suites of approximately 400, 600, and 850 square feet. The property currently produces approximately $47,940 in gross scheduled annual rental income, making it an attractive opportunity for investors seeking a stabilized, income-producing asset rather than a lease-up project. Significant capital improvements include replacement windows, siding, and roof approximately five years ago, along with two water heaters that are approximately six years old. The commercial suites have also been updated with new flooring, fresh paint, renovated bathrooms, and electrical upgrades, helping attract and retain quality tenants while reducing the likelihood of near-term capital expenditures. The property is currently operated with gross leases due to the existing plumbing configuration, as the water heaters serving Units 4 and 6 also supply neighboring units. A future owner may wish to explore the feasibility of separating these systems and installing individual water heaters to provide additional flexibility for utility reimbursement and long-term operating efficiency. An additional utility, management, and storage area located separately from the tenant spaces provides convenient access for building operations and maintenance. Convenient parking is available at the rear of the building for residential tenants, while dedicated street-level parking provides easy access for commercial customers and clients. Zoned B-3, the property is situated in an established Kingsport location with convenient access to major roadways, surrounding businesses, and residential neighborhoods. For investors seeking to diversify beyond traditional apartment buildings, this property presents an attractive alternative by combining the dependable demand for residential housing with the income potential of neighborhood commercial space. Whether you're adding to an existing multifamily portfolio, completing a 1031 exchange, or looking for a property that provides multiple income streams under one roof, 105 Brookfield Drive offers a stabilized investment with long-term ownership potential. Financial information is available upon request. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.
Property Features
3 Beds
3 Baths
4,347 Sqft
Built in 1970
0.350 Acres
2 Stories
Patrick Henry Lake
Siding: Vinyl Siding
Shingle Roof
$1,655 / yr property tax
Sullivan County
Brookfield Place Community
Additional Photos
Contact Information
Ryan McKinney
Greater Kingsport Realty
423-773-1607
Location
Listing Agent: Ryan McKinney (License #: 322580) 423-773-1607
Broker: Greater Kingsport Realty 423-433-6500 Listing Site
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Greater Kingsport Realty 423-433-6500 Listing Site
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
LakeHouse.com
Printed Jul 24, 2026
Photo Gallery
$429,900
3
Beds
3
Baths
4,347
Sqft
105 Brookfield Dr, Kingsport, Tennessee, 37663
By contacting this agent you agree to these Terms and Conditions.
MLS# 9998181
Income-producing opportunities with six occupied units are
$429,900
105 Brookfield Dr, Kingsport, Tennessee, 37663
3
Beds
3
Baths
4,347
Sqft
0.350
Acres
$429,900
105 Brookfield Dr, Kingsport, Tennessee, 37663
3 Beds
3 Baths
4,347 Sqft
0.350 Acres
Income-producing opportunities with six occupied units are becoming increasingly difficult to find, and 105 Brookfield Drive offers investors a unique opportunity to acquire a fully leased mixed-use property with the stability of residential income and the added diversification of commercial tenants. The property features three one-bedroom residential apartments on the lower level and three fully occupied commercial suites on the upper level, creating six separate income streams that generate immediate cash flow from day one. The commercial component consists of approximately 1,850 square feet divided into three suites of approximately 400, 600, and 850 square feet. The property currently produces approximately $47,940 in gross scheduled annual rental income, making it an attractive opportunity for investors seeking a stabilized, income-producing asset rather than a lease-up project. Significant capital improvements include replacement windows, siding, and roof approximately five years ago, along with two water heaters that are approximately six years old. The commercial suites have also been updated with new flooring, fresh paint, renovated bathrooms, and electrical upgrades, helping attract and retain quality tenants while reducing the likelihood of near-term capital expenditures. The property is currently operated with gross leases due to the existing plumbing configuration, as the water heaters serving Units 4 and 6 also supply neighboring units. A future owner may wish to explore the feasibility of separating these systems and installing individual water heaters to provide additional flexibility for utility reimbursement and long-term operating efficiency. An additional utility, management, and storage area located separately from the tenant spaces provides convenient access for building operations and maintenance. Convenient parking is available at the rear of the building for residential tenants, while dedicated street-level parking provides easy access for commercial customers and clients. Zoned B-3, the property is situated in an established Kingsport location with convenient access to major roadways, surrounding businesses, and residential neighborhoods. For investors seeking to diversify beyond traditional apartment buildings, this property presents an attractive alternative by combining the dependable demand for residential housing with the income potential of neighborhood commercial space. Whether you're adding to an existing multifamily portfolio, completing a 1031 exchange, or looking for a property that provides multiple income streams under one roof, 105 Brookfield Drive offers a stabilized investment with long-term ownership potential. Financial information is available upon request. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.
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Property Details
HOME DETAILS
3 Beds
3 Baths
4,347 Sqft
Built in 1970
0.350 Acres
2 Stories
WATER & VIEW
Patrick Henry Lake
EXTERIOR
Siding: Vinyl Siding
Shingle Roof
FINANCIAL & COMMUNITY
$1,655 / yr property tax
Sullivan County
Brookfield Place Community
See More Details
Location
Mortgage Calculator
About Patrick Henry Lake
Looking for lakefront homes on Patrick Henry Lake? Find waterfront real estate for sale here. Located in Sullivan County, Tennessee. Discover the best lake front listings - properties, land, and acreage to build your dream lake house, cottage or cabin on. Search for an agent who specializes in lake property to help you buy or sell a home.
Water Level : 1260.53 Ft
Full Pool : 1,263.00 Ft
Ad Statistics
Ad Number
7613847
Viewed
38 times
Listing Status
Active
Added
Jul 15, 2026
Last Refresh
Jul 24, 2026 07:48:32 AM
Listing Information
Data Source
Tennessee Virginia Regional Multiple Listing Service
Source Property ID
9998181
Listing Agent: Ryan McKinney (License #: 322580) 423-773-1607
Broker: Greater Kingsport Realty 423-433-6500 Listing Site
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Greater Kingsport Realty 423-433-6500 Listing Site
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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