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Property Type: Multi Family
Sub Type: Multi Family
Status: Active
Year Built: 1980
Lot Acreage: 0.52
Lot Dimensions: 180 x 126 irr
City Taxes: $2,049.97
County Taxes: $2,826.97
Elementary School: Jonesborough
Middle School: Jonesborough
High School: David Crockett
Rare Investment Opportunity Near Historic Downtown Jonesborough! Fantastic opportunity to own a fully occupied 8-unit apartment property in an incredible location within walking distance of charming historic downtown Jonesborough. Each unit offers 2 bedrooms and 1 full bath, a fully equipped kitchen, washer and dryer hookups, luxury vinyl flooring, and window blinds. All 8 units are currently rented, providing immediate rental income with potential for future rent increases. 5 units are equipped with mini-split heating and cooling systems, while the remaining 3 have window air-conditioning units. A new roof was installed in 2020, adding to the property's appeal and long-term value. The location is truly hard to beat! Residents can walk to historic downtown Jonesborough to enjoy its restaurants, shops, community events, and small-town charm. The property is also within walking distance of the Jonesborough Senior Center and conveniently located near a public pickleball court, adding even more recreational opportunities nearby. Plus, Johnson City and the surrounding Tri-Cities area are just a short drive away. Whether you're looking to expand your investment portfolio or add a fully occupied multifamily property with future income potential, this 8-plex offers an outstanding combination of location, occupancy, and opportunity. Rent rolls for all 8 units attached
Listing courtesy of Coldwell Banker Security Real Estate · MLS #9999527 · Information deemed reliable but not guaranteed.