166-178 Gray Station Road, Johnson City, TN 37615

Local realty services provided by:CENTURY 21 Legacy
166-178 Gray Station Road,Johnson City, TN 37615
$799,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: brian parlier, melody hughes
Office: hurd realty, llc.
MLS#:9979565
Source:TNVA_MLS

Price summary

  • Price:$799,000

About this home

Looking for an investment opportunity? Look no further!! OWNER FINANCING AVAILABLE This unique property consists of 2 separate parcels totaling approximate 3.7 acres with ''7'' rental income producing single family homes (all on sewer) and ''2'' additional garages located right off Gray Station Road, which is just minutes from Franklin Woods Medical Center, Boone Lake, and other local restaurants and shopping. All properties are on month to month and annually grossing approximately $73,000 EXPENSES ARE: - Property taxes for 2024 were $3,354.17 - Water is approx. $450 per month All showing require a minimum of 24hr notice to notify tenants. Listing agent can provide photos of ''most'' interior units upon request of pre-approved buyer. This property is being sold AS IS and priced to sell quickly... Contact your Realtor TODAY! OWNER FINANCING OPTION: - 25% down - 6% interest rate - 30-year amortization - 5-year balloon Realtors - Please READ

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Home facts

  • Year built:1935
  • Listing ID #:9979565
  • Added:274 day(s) ago
  • Updated:January 28, 2026 at 08:34 AM

Structure and exterior

  • Year built:1935
  • Lot area:3.7 Acres

Schools

  • High school:Daniel Boone
  • Middle school:Gray Middle
  • Elementary school:Gray

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000