Discover a promising duplex investment property ideally located near East Tennessee State University (ETSU), the VA, downtown, and Roan Street's business district. This 1,154 sq ft property features two 1-bedroom, 1-bath apartments, each with laundry hookups, and has undergone extensive renovations. Key improvements include: New roof, flooring, joists, and plumbing - Upgraded interiors Left unit: fully remodeled with a new kitchen, bath, and modern finishes. Right unit: new flooring, updated bath, and added laundry area. New mini-split HVAC systems in both units for efficient heating and cooling. Separate water lines to each unit with tenant-paid utilities. Currently generating $1,650 in monthly rent ($800 for one unit, $850 for the other), this property is an excellent choice for a first-time rental investment or a valuable addition to your growing real estate portfolio. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
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.
The median home value in Johnson City, TN is $289,000. This is higher than the county median home value of $249,400. The national median home value is $338,100. The average price of homes sold in Johnson City, TN is $289,000. Approximately 45.45% of Johnson City homes are owned, compared to 45.44% rented, while 9.1% 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 69,521. Johnson City is more family-centric than the surrounding county with 26.37% of the households containing married families with children. The county average for households married with children is 25.98%.
The median household income in Johnson City, Tennessee is $47,242. The median household income for the surrounding county is $52,503 compared to the national median of $69,021. The median age of people living in Johnson City is 35.3 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 43.7 inches per year, with 10.9 inches of snow per year.