$360,000
$360,000
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SOLD DATE : 09/16/2022
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID 9941714
Sold Date 09/16/22
Style Victorian
Originating Board Tennessee/Virginia Regional MLS
Year Built 1900
Lot Dimensions 113 x 155
Property Description
LOCATION, LOCATION, LOCATION. Great Income Opportunity! Close to ETSU and downtown. This multi family is located in The Tree Streets, one of the most desirable neighborhoods in Johnson City! 6 one bedroom, one bath units, all equipped with full kitchens. New roof installed 2 years ago. Three brand new energy efficient multi Split Heating/AC systems. Updated plumbing throughout much of the property. Large yard with beautiful Cherry Blossom and Dogwood trees. Tenants pay electric, and owner pays water.
Total Projected Annual Rent For 2023 Is $45,900.00 Monthly Rent is $3,800.00, Fully leased. Basement 2 units, $550 a month. Main Level units are $900 and $600 a month. Upstairs units are $600 a month each. Expenses: Electric runs the owner about $20 a month for common space, Water runs about $125 a month for the owner. Owner will not rent to own as an offer. Cash or Conventional Finance Offers Only. NO EXCEPTIONS. PROPERTY BEING SOLD AS IS.
All Showings Require a minimum of 24 hours to give tenants a legal notice, no showings under any circumstances under 24 hours. Property Sold AS IS. Do not go onto property without a scheduled appt w/agent. Information Deemed Accurate But Not Guaranteed, Buyers Agent To Verify.
Location
State TN
County Washington
Community Unknown
Zoning R 5
Direction Heading N on State Of Franklin Rd, turn right onto S Roan St, follow for .32 miles, take a right onto W Locust, follow for .16 miles, property will be on your right side.
Interior
Heating Electric, Electric
Cooling Wall Unit(s), Window Unit(s), See Remarks
Flooring Vinyl, Hardwood
Fireplace No
Window Features Double Pane Windows,Single Pane Windows
Appliance Range, Refrigerator
Heat Source Electric
Exterior
Exterior Feature Sidewalk
Garage Asphalt
Roof Type Asphalt
Parking Type Asphalt
Building
Lot Description Sloped
Entry Level Two
Foundation Stone
Water At Road
Architectural Style Victorian
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools South Side
Middle Schools Liberty Bell
High Schools Science Hill
Others
Senior Community No
Tax ID 054d E 033.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Katy Bennett • Hurd Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "