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3536/3538 West Walnut Street, Johnson City, TN 37604 - $524,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9985865
Living Area: 0 Lot Acreage: 1 Year Built: 1940
Elementary School: Jonesborough Middle School: Jonesborough High School: David Crockett
Property Description
Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space. With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes! 3536 W. Walnut: -Unit #1 is a 2 bedroom 1 bath unit renting for $1350.00 per month. Includes power, gas, and water. -Unit #2 is a 1 bedroom 1 bath unit renting for $1050.00 per month. Includes power, gas, and water. 3538 W. Walnut: -3 bedroom 2 bath renting for $1515.00 per month and includes power, gas, and water. All 3 units are on 1 parcel. Duplex and double wide have separate water meters. UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS. NO SIGN OR LOCKBOX
Listing Status
Active
  • More Listing Info
    AC:Ceiling Fan(s)true
    AC:Heat Pump3true
    Amenities:Landscapingtrue
    Appliances:Dishwashertrue
    Appliances:Electric Rangetrue
    Appliances:Microwavetrue
    Appliances:Refrigeratortrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Expenses Include:Utilities2true
    Exterior Finish:Brick4true
    Exterior Finish:Metal Sidingtrue
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Concrete4true
    Flooring:Laminatetrue
    Flooring:Tile2true
    General Property Description:# Buildings2
    General Property Description:Acres1.11
    General Property Description:Elementary School3Jonesborough
    General Property Description:High School3David Crockett
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions0
    General Property Description:Middle School2Jonesborough
    General Property Description:Senior Community YN3No
    General Property Description:Total Units3
    General Property Description:Zoning2residential
    Heating:Heat Pump2true
    Interior Features:KitchenDining Combotrue
    Interior Features:Laminate Counterstrue
    Interior Features:Open Floorplantrue
    Interior Features:Primary Downstairstrue
    Interior Features:Remodeledtrue
    Levels:Onetrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes892.19
    Location Tax Legal Info:Deed Book #1098
    Location Tax Legal Info:Deed Page #2549
    Location Tax Legal Info:Lot #4
    Other Rooms:Laundrytrue
    Other Rooms:Primary Bathroomtrue
    Other Rooms:Primary Bedroomtrue
    Other Structures:Shed(s)true
    Other Structures:Storage2true
    Parking Features:Asphalt2true
    Parking Features:Drivewaytrue
    PorchPatioDeck:Front Porchtrue
    PorchPatioDeck:Rear Patiotrue
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3From State of Franklin, take W Walnut Street for approximately 3 miles. Property will be on the right. GPS friendly. NO SIGN
    Remarks Misc:Public Remarks7Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space. With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes! 3536 W. Walnut: -Unit #1 is a 2 bedroom 1 bath unit renting for $1350.00 per month. Includes power, gas, and water. -Unit #2 is a 1 bedroom 1 bath unit renting for $1050.00 per month. Includes power, gas, and water. 3538 W. Walnut: -3 bedroom 2 bath renting for $1515.00 per month and includes power, gas, and water. All 3 units are on 1 parcel. Duplex and double wide have separate water meters. UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS. NO SIGN OR LOCKBOX
    Roof:Shingletrue
    Security Features:Smoke Detector(s)3true
    Sewer:Septic Tanktrue
    Structure Type:Duplex3true
    Structure Type:Manufactured Housetrue
    Structure Type:Multi Familytrue
    Style:Duplex2true
    Style:Other53true
    TopographyLot Description:Clearedtrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Rooms45
    Unit 1:# Units1
    Unit 1:Monthly Rent1350
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms41
    Unit 2:# Rooms34
    Unit 2:# Units21
    Unit 2:Monthly Rent21050
    Unit 3:# Bathrooms32.0
    Unit 3:# Bedrooms53
    Unit 3:# Units31
    Unit 3:Monthly Rent31550
    Unit 3:SqFt21764
    Utilities:Cable Connected2true
    Utilities:Electricity Connectedtrue
    Utilities:Natural Gas Available2true
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Property Executives Johnson City
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