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3411 West Walnut Street, Johnson City, TN 37604 - $674,999

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9979408
Living Area: 0 Lot Acreage: 0 Year Built: 1965
Elementary School: Jonesborough Middle School: Jonesborough High School: David Crockett
Property Description
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
Listing Status
Active
  • More Listing Info
    AC:Window Unit(s)true
    Appliances:Rangetrue
    Appliances:Refrigeratortrue
    Contract Info:ForeclosureNo
    Easements:Gas Linetrue
    Exterior Finish:Brick4true
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Tile2true
    General Property Description:# Buildings1
    General Property Description:# of Units6.0
    General Property Description:Acres0.38
    General Property Description:Elementary School3Jonesborough
    General Property Description:High School3David Crockett
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions99.89 X 176 IRR (.38 AC)
    General Property Description:Middle School2Jonesborough
    General Property Description:Stories22
    General Property Description:Total Units6
    General Property Description:Zoning2Commercial
    Heating:Baseboardtrue
    Info Available:Leases2true
    Levels:Twotrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes2102.62
    Location Tax Legal Info:Deed Book #R427
    Location Tax Legal Info:Deed Page #I1954
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3From 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 Remarks2Investment 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
    Roof:Asphalttrue
    Roof:Shingletrue
    Sewer:Public Sewertrue
    Structure Type:Multi Familytrue
    Style:Traditional3true
    TopographyLot Description:Clearedtrue
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms62
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
True North Real Estate
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