Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath) units. and back side of the building on the lowest level there are 2-(1bed/1bath) units. All units have tile flooring, fresh paint, and newer appliances. With its central location, proximity to downtown, ETSU, and major employers, this property is ideally positioned for long-term appreciation and increased rent potential!
*Information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.
Property Type(s):
Commercial
|
Last Updated
|
4/25/2025
|
Tract
|
Not In Subdivision
|
|
Year Built
|
1965
|
Community
|
304 - SW Johnson City
|
|
County
|
Washington
|
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Refrigerator |
| AREA |
304 - SW Johnson City |
| CONSTRUCTION |
Brick, Vinyl Siding |
| HEAT |
Baseboard |
| LOT |
0.38 acre(s) |
| LOT DIMENSIONS |
99.89 X 176 IRR (.38 AC) |
| SEWER |
Public Sewer |
| SUBDIVISION |
Not In Subdivision |
| WATER |
Public |
| ZONING |
Commercial |
Location
Listing provided by True North Real Estate
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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