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Listing Details

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School Information

Elementary School
Middle School
High School

Description

Triplex in a highly desirable location of Johnson City. Easy access to Interstate 26, ETSU undergraduate campus, Johnson City Medical Center and the vibrant downtown of Johnson City . This triplex is on a corner lot and offers two spacious 1-bedroom, 1-bath apartments and one 3- bedroom, 2-bath apartment. There is also a detached two car garage (currently generating revenue as a storage unit) and a fenced in backyard. Brand new roof placed in 2021 and gutter system upgraded. Two out of the three units have been recently remodeled and ready for buyer's choice of tenants. When fully occupied rental revenues are projected at $3000. Cap Rate: 10%. Note: The property is officially a triplex, but utilities are in one common meter. Pre Approval Letter Or Bank Statement To Be Confirmed Before Showings Are Accepted. Not accepting V/A as a loan option Cash Or Conventional Loan Options only. *All information deemed reliable. Buyer/Agent to verify*

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© 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-09-16T15:59:53.217.
www.house2homesearch.com/homes/121288170
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401 Chilhowie Avenue , 1,2,3 Johnson City, TN 37601

  • Price: $279,000
  • Status: Active
  • Updated: 53 min ago
  • MLS #: 9928372
5
Beds
4
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Se Johnson City
County:
Washington
Area:
Se Johnson City
Elementary School:
North Side
Middle School:
Liberty Bell
High School:
Science Hill
Property Description
Triplex in a highly desirable location of Johnson City. Easy access to Interstate 26, ETSU undergraduate campus, Johnson City Medical Center and the vibrant downtown of Johnson City . This triplex is on a corner lot and offers two spacious 1-bedroom, 1-bath apartments and one 3- bedroom, 2-bath apartment. There is also a detached two car garage (currently generating revenue as a storage unit) and a fenced in backyard. Brand new roof placed in 2021 and gutter system upgraded. Two out of the three units have been recently remodeled and ready for buyer's choice of tenants. When fully occupied rental revenues are projected at $3000. Cap Rate: 10%. Note: The property is officially a triplex, but utilities are in one common meter. Pre Approval Letter Or Bank Statement To Be Confirmed Before Showings Are Accepted. Not accepting V/A as a loan option Cash Or Conventional Loan Options only. *All information deemed reliable. Buyer/Agent to verify*
Exterior Features

Exterior Finish Vinyl Siding Fencing Back Yard Lot Dimensions 100 X 150 Porch Patio Deck Front PorchRear Patio Roof Asphalt Style 2 Story Topography Lot Description Level

Interior Features

Ac Central AirHeat Pump Appliances RangeRefrigerator Basement ConcreteUnfinished Building1 Number Rooms 4 Building2 Number Rooms 4 Building3 Number Rooms 6 Flooring Carpet Heating CentralHeat Pump Interior Features Remodeled Laundry Features Electric Dryer HookupWasher Hookup

Property Features

Auction No Building1 Monthly Rent 650 Building2 Monthly Rent 800 Building3 Monthly Rent 1300 City Taxes 999.92 County Taxes 1257.21 Easements None Financing CashConventional Foreclosure No Lot Number 67 Property Sub Type Multi-Family Sewer Public Sewer Short Sale No Water Public Zoning R 5

Listing information © 2021 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Cory Peters of Bridge Pointe Real Estate Jonesborough.



© 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-09-16T15:59:53.217.
 
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Bridge Pointe Real Estate
504 E Jackson Blvd
Jonesborough TN, 37659