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 Features
Cooling Information
Window Unit(s)
Heating Information
Baseboard
Water Features
Public
School Information
School Information for 3411 Walnut Street, Johnson City, TN 37604
Elementary School
Jonesborough
Middle School
Jonesborough
High School
David Crockett
Listing Courtesy: True North Real Estate - 423-210-4155