Property Description

Listing Status

• More Listing Info

  AC:Window Unit(s)	true
  Business Type:Residential2	true
  Contract Info:Foreclosure	No
  Development Status:Finished Lot(s)	true
  Easements:Gas Line	true
  Electric Service:220 Volts	true
  Exterior Finish:Brick4	true
  Exterior Finish:Vinyl Siding	true
  General Property Description:Acres	0.38
  General Property Description:Annual Lease	60240.0
  General Property Description:HOA YN	No
  General Property Description:Lease	Yes
  General Property Description:Lot Size2	99.89 X 176 IRR (.38 AC)
  General Property Description:Stories3	2.0
  General Property Description:Total SqFt Finished	1375.0
  General Property Description:Total SqFt Unfinished	1375.0
  General Property Description:Zoning2	Commercial
  Heating:Baseboard	true
  Info Available:Other29	true
  Location Tax Legal Info:City Taxes	0.0
  Location Tax Legal Info:County Taxes	2102.62
  Location Tax Legal Info:Deed Book #	R427
  Location Tax Legal Info:Deed Page #	I1954
  Location Tax Legal Info:Plat Map	O
  Other Equipment:Range2	true
  Other Equipment:Refrigerator2	true
  Property Condition:Above Average	true
  Remarks Misc:Directions3	From Johnson City go northeast on Cherry St toward buffalo st, then turn left at the f1st cross street onto buffalos st. the turn at the 1st cross street onto w state of franklin rd, then turn left onto west walnut st, the property will be on your left. NO sign.
  Remarks Misc:Public Remarks2	Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath) units. and back side of the building on the lowest level there are 2-(1bed/1bath) units. All units have tile flooring, fresh paint, and newer appliances. With its central location, proximity to downtown, ETSU, and major employers, this property is ideally positioned for long-term appreciation and increased rent potential! *Information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.
  Restrictions:Utility Easement2	true
  Road Access:City Street	true
  Roof:Composition	true
  Roof:Shingle	true
  Sale Includes:See Remarks35	true
  Sewer:Public Sewer	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

Listing Courtesy: