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Johnson City, TN 37604

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For Sale

$849,000

0.17 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

West Walnut Close to full completion and with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 unique layouts varying between 1 and 2 bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been Updated and the metal roof was installed in 2020. With all that downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. Rent rolls and financials available upon request.
MLS# 9984005

Courtesy Of Greater Kingsport Realty

(423) 433-6500

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch
  • Appliances
    Cooktop, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Concrete, Hardwood
  • Lot Size
    0.17 Acres
  • Roof Type
    Metal

Area Map

Home seller CENTURY 21 Legacy

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CENTURY 21 Legacy

(423) 282-1885
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.