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- $849,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9984005
Living Area: 0 Lot Acreage: 0 Year Built: 1913
Elementary School: South Side Middle School: Indian Trail High School: Science Hill
Property Description
West Walnut Close to full completion and with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 unique layouts varying between 1 and 2 bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been Updated and the metal roof was installed in 2020. With all that downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. Rent rolls and financials available upon request.
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    AC:Window Unit(s)true
    Appliances:Cooktoptrue
    Appliances:Electric Rangetrue
    Appliances:Refrigeratortrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Brick4true
    Flooring:Concrete4true
    Flooring:Hardwoodtrue
    General Property Description:# Buildings1
    General Property Description:# of Units8.0
    General Property Description:Acres0.17
    General Property Description:Elementary School3South Side
    General Property Description:High School3Science Hill
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions50 X 151
    General Property Description:Middle School2Indian Trail
    General Property Description:Stories22
    General Property Description:Total Units8
    General Property Description:Zoning2R2
    Heating:Centraltrue
    Heating:Other12true
    Income and Expenses:Gross Annual Income94800
    Income and Expenses:Vacancy Rate %0.0
    Interior Features:Built-in Featurestrue
    Location Tax Legal Info:Block17
    Location Tax Legal Info:City Taxes2572.79
    Location Tax Legal Info:County Taxes3249.0
    Location Tax Legal Info:Deed Book #1106
    Location Tax Legal Info:Deed Page #1708
    Location Tax Legal Info:Lot #92
    Parking Features:Deededtrue
    PorchPatioDeck:Decktrue
    PorchPatioDeck:Porchtrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3University Blvd to Buffalo. Left on Maple Home on Right.
    Remarks Misc:Public Remarks7West Walnut Close to full completion and with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 unique layouts varying between 1 and 2 bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been Updated and the metal roof was installed in 2020. With all that downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. Rent rolls and financials available upon request.
    Roof:Metal3true
    Sewer:Public Sewertrue
    Structure Type:Housetrue
    Structure Type:Multi Familytrue
    Style:Cluster2true
    TopographyLot Description:Slopedtrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms31
    Unit 1:# Units1
    Unit 1:Monthly Rent950
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Units21
    Unit 2:Monthly Rent2950
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 3:# Units31
    Unit 3:Monthly Rent31100
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms61
    Unit 4:# Units41
    Unit 4:Monthly Rent41000
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
KW Johnson City
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