Listing Courtesy of: Elizabeth Snyder - Bridge Pointe Real Estate Jonesborough
423-482-9616
$405,000
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500 W Chestnut Street Johnson City, TN 37604
Other
Residence
Beds
Baths
Sq. Ft.
0.37
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
The eclectic Tree Streets are one of the most sought-after areas in East Tennessee. A tree-lined residential neighborhood within biking distance of ETSU, Quillen Med School, Bill Gatton School of Pharmacy, plus all that Downtown Johnson City has to offer. Unique events make the 'Tree Streets' feel l...ike home. Property is within walking distance to Veterans Park (and South Side Elementary), a few favorites to catch: Music in the Park on Sundays, Kickball and a Covered Dish, Earth Day Bike Parade, Chili Cook-off. Turn-key, high cap properties and multi-families in the Tree Streets are scarce on their own- combining the two is truly a rare opportunity. 500 W Chestnut not only produces a 9% cap, but has immediate potential to increase, without force, through a conservative rental rate adjustment on two of the units.
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MLS#
9967034
Property Type
Other
Year Built
1960
Lot Size
0.37
Sewer
Public Sewer
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