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Property Type: Multi Family
Sub Type: Multi Family
Status: Active
Year Built: 1972
Lot Acreage: 0.48
Fireplaces: 0
Lot Dimensions: 110 X 182.45 IRR
City Taxes: $597.72
County Taxes: $742.83
Elementary School: South Side
Middle School: Indian Trail
High School: Science Hill
Income-producing property near ETSU!! Featuring a DUPLEX with two 2-bedroom, 1-bath units plus a NEWLY COMPLETED detached 1-bedroom, 1-bath COTTAGE. The property is currently rented by college students, with bedrooms leased individually to maximize income. The four duplex bedrooms are currently rented at $635 per room, plus tenants' share of utilities - $1,270 per unit. The cottage offers additional income potential and features new appliances, flooring and HVAC. With all three living spaces rented, projected gross income is just under $4,000/month. Each living area has separate HVAC and separate power metering. Duplex is on same water meter. Convenient to ETSU, downtown Johnson City, hospitals, shopping and more. Great opportunity for a student rental, investment property, house hack or multi-generational setup.The property sits on a generously-sized nearly half acre lot. Time to build your portfolio? This is THE ONE!
Listing courtesy of Selling Stateline Real Estate Group · MLS #10000938 · Information deemed reliable but not guaranteed.