House for sale
$1,900,000 - Johnson City TN 37601Johnson City TN 37601
House for sale
- Price: $1,900,000
- Reference No.: 71230256
- Area: 8,942 sqft
Advertisement
Overview
Attention Investors! Here is your chance to own 16 units in Johnson City, Tennessee. This complex is less than 3 miles from ETSU and less than 5 miles from Milligan University. This portfolio includes 3 separate buildings that have been converted into apartments. The addresses are: 200/204/206 E Watauga Ave. All together the property brought in an annual gross income of $138, 820.77 for 2023. More units have since been remodeled and with current market rents, this property's forecasted annual gross income is $182, 000. 200 E Watauga is composed of 6-1 bedroom/1 bath apartments. These units have separate electrical meters for each unit. 204 E Watauga is composed of 6-1 bedroom/1bath apartments. These also have separate electrical meters for each unit. 206 E Watauga is composed of 4 units with shared utilities. 1-3 bedroom/1bath apartment 3-1bedroom/1bath apartment The owner has spent over 200k in capital expenditures improving the units. This includes completely remodeling 6 units with new flooring, new paint, new updated bathrooms, new appliances, new custom cabinetry, new countertops, and new PTAC units when needed. The remaining units were updated/refreshed with new floor, new paint, and new appliances as needed. The property is being professionally managed by a local property management company (Casa Haven Property Management) and would be willing to continue to work with the new owners for a smooth transition. For initial showings buyers may see vacant units, and will be able to get into all units during the inspection. For more details and to contact: https://realtyww.info/homes_johnson-city-d524494/for-sale_i71230256House Johnson City
This House for sale is located at Johnson City TN 37601. The home has . This House in Johnson City TN is for sale for $1,900,000 .
Disclaimer
2024-04-30, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-30, Viewed 0 times.
Search more listings
- Top 50 2 bedroom apartment for rent plano tx microwave
- Top 20 3 bedroom apartment for rent davie fl microwave
- Top 10 2 bedroom apartment for rent dracut ma balcony
- Top 20 3 bedroom house for sale greensboro nc granite counter
- Top 50 2 bedroom apartment for rent euless tx den
- Top 10 3 bedroom apartment for rent herndon va appliances
- Top 10 2 bedroom apartment for rent winnipeg mb sauna
- Top 50 3 bedroom apartment for rent bear de parking
- Top 10 3 bedroom house for sale fayetteville ga laundry
- Top 10 1 bedroom apartment for rent kamloops bc parking
- Top 10 1 bedroom apartment for rent orlando fl laundry
- Top 10 3 bedroom apartment for rent jensen beach fl pool