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. 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.
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4BEDS
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N/AACRES
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3BATHS
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01/2 BATHS
School Information
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. 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.
© 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.