Skip To Content

104 Jax Drive

Johnson City, TN 37615
  • $999,999
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 9939200
Price Reduced
UPDATED: 14 min ago
$999,999
  • 7
    BEDS
  • 3.47
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 900
    SQFT
  • $1,111
    $/SQFT
Type:
Multi-Family
Built:
2014
County:

School Information

Elementary School:
Middle School:
High School:

Description

Here is your opportunity to own a 26 unit residential rental complex in Johnson city. This property consists of an apartment building, a fourplex, and a 21 mobile homes (current owner owns 17 of the 21 mobile homes). The property is comprised of two parcels and totals 3.47 acres. Each unit is on its own meter; therefore, tenants can pay for their own utilities. There are 10 septic tanks found on the property that are pumped regularly. The annual potential gross income for this property is approximately $180,900. Additional information such as Rent roll & profit loss statement can be provided upon request. You don't want to miss the opportunity to own this income producing property! Buyers to verify all information.

Monthly Payment Calculator



© 2022 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-08-08T09:00:10.53.
www.highlandsrealtyinc.com/homes/129784226
Print Image

104 Jax Drive Johnson City, TN 37615

  • Price: $999,999
  • Status: Active
  • On Site: 55 Days
  • Updated: 14 min ago
  • MLS #: 9939200
7
Beds
5
Baths
0
½ Baths
3.47
Acres
900
SQFT
$1,111
$/SQFT
2014
Built
County:
Washington
Elementary School:
Ridgeview
Middle School:
Indian Trail
High School:
Science Hill
Property Description
Here is your opportunity to own a 26 unit residential rental complex in Johnson city. This property consists of an apartment building, a fourplex, and a 21 mobile homes (current owner owns 17 of the 21 mobile homes). The property is comprised of two parcels and totals 3.47 acres. Each unit is on its own meter; therefore, tenants can pay for their own utilities. There are 10 septic tanks found on the property that are pumped regularly. The annual potential gross income for this property is approximately $180,900. Additional information such as Rent roll & profit loss statement can be provided upon request. You don't want to miss the opportunity to own this income producing property! Buyers to verify all information.
Exterior Features

Exterior Finish See Remarks Lot Dimensions 151185 Sqft Style See Remarks Topography Lot Description Rolling Slope

Interior Features

Ac Window Unit(S) Building2 Number Rooms 15 Heating Heat PumpSpace Heater

Property Features

Auction No Building1 Monthly Rent 10825 Building1 Number Units 21 Building2 Monthly Rent 2925 Building2 Number Units 4 Building3 Monthly Rent 850 Building3 Number Units 1 Building4 Number Units 0 City Taxes 0.00 County Taxes 790.56 Easements None Financing CashConventional Foreclosure No Income And Expenses Gross Annual Income 14291900 Property Sub Type Multi-Family Sewer Septic Tank Short Sale No Water Public Zoning Com./Res.

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Alden Bailey of Century 21 Legacy.



© 2022 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-08-08T09:00:10.53.
 
https://bt-photos.global.ssl.fastly.net/netar/1280_boomver_1_9939200-2.jpg https://bt-photos.global.ssl.fastly.net/netar/1280_boomver_1_9939200-2.jpg https://bt-photos.global.ssl.fastly.net/netar/1280_boomver_1_9939200-2.jpg
Logo
Highlands Realty, Inc.
461 W. Main St.
Abingdon VA, 24210