Johnson City TN Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- 1,936
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 9971481
- Subdivision:
- Tree Streets
View additional info
Courtesy: KW Johnson City
423-433-6500
ADDITIONAL INFORMATION
THIS IS A MONEY MAKER Multi family listings in the desirable Tree Streets neighborhood are rare opportunities, and for a reason! Located less than a mile from ETSU and walking distance to downtown Johnson City, this is as guaranteed of a rental market as it gets. This fully rented triplex features two 2 bed/1 bath units and one 1 bed/1 bath unit. All units are in great condition with NO carpet, separate entrances, and separate meters. This is an excellent investment opportunity that should NOT be missed! IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.46 Acres
- Baths:
- MLS#:
- 9969047
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Courtesy: The Elite Team Agency
423-656-0333
ADDITIONAL INFORMATION
Excellent visibility from State of Franklin Road. Centrally located in Johnson City. New hotel being built across the street, new Food City and multiple restaurants within a short walk. Approximately .5-acre lot on Indian Ridge with +/-900sf warehouse and has two drive in doors. Traffic counts on State of Franklin Rd are about 32,000.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 9967034
- Subdivision:
- Tree Streets
View additional info
Courtesy: Bridge Pointe Real Estate Jonesborough
423-482-9616
ADDITIONAL INFORMATION
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 like 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.
- Type:
- Multi-Family
- Sq.Ft.:
- 3,920
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2001
- Baths:
- MLS#:
- 1257921
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Courtesy: Wallace
865-687-1111
ADDITIONAL INFORMATION
Maintenance Free Investment Property with 5 apartments. Each one bedroom aparstment is 784 sf and has been updated with hardwood flooring, ceiling fans and include range, refrigerator, dishwasher and washer/dryer. Lots of storage available in the basement. Roof replaced in Dec 2023. Al apartments are currently leased.
- Type:
- Other
- Sq.Ft.:
- 3,160
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1913
- Baths:
- MLS#:
- 9960835
- Subdivision:
- Tree Streets
View additional info
Courtesy: KW Johnson City
423-433-6500
ADDITIONAL INFORMATION
The West Walnut project is much closer to being complete, with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-Plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 Unique layouts varying between 1 and 2 Bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been updated, and a metal roof was installed in 2020. With all that Downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. There is a reason why the occupancy remains full for this one. Rent rolls available upon request.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is 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.
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| Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is 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. Copyright 2024 Knoxville Area Association of Realtors. All rights reserved. |
Johnson City Real Estate
The median home value in Johnson City, TN is $324,500. This is higher than the county median home value of $152,400. The national median home value is $219,700. The average price of homes sold in Johnson City, TN is $324,500. Approximately 58.03% of Johnson City homes are owned, compared to 28.77% rented, while 13.2% are vacant. Johnson City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Johnson City real estate agent to arrange a tour today!
Johnson City, Tennessee has a population of 65,598. Johnson City is less family-centric than the surrounding county with 24.5% of the households containing married families with children. The county average for households married with children is 26.24%.
The median household income in Johnson City, Tennessee is $39,143. The median household income for the surrounding county is $44,180 compared to the national median of $57,652. The median age of people living in Johnson City is 36.4 years.
Johnson City Weather
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 46.7 inches per year, with 11.7 inches of snow per year.