$707,500
Johnson City, TN 37601
MLS# 411628
Status: Closed
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Property Description
Captivating multi unit complex that is a planned unit development located a mile away from ETSU and downtown Johnson City. Recently updated with fresh paint and new flooring in most areas. These units offer an upscale living while being tucked away in a quiet private area. Complex offers additional parking and lots of room to get in and out. Each townhouse is a 2 bed/2 bath PUD with a DRIVE UNDER GARAGE, open floor plan and plenty of storage! Five units rent for $795 and Five have older leases that rent for $695. This is a perfect opportunity for an investor wanting to live on site, sell units individually as PUDs or maintain the current rental income! Owner/Agent. Taxes are assessed on each unit individually. Buyer/Buyers agent to verify all MLS info.
Details
Maps
Location, Tax & Legal Info
Unit #: 0
Parcel ID: 055A B 005.00
City Taxes: 0
County Taxes: 0
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 749000
Current Price: $707,500
Listing Date: 2018-08-22
General Property Description
Lot Dimensions: 150 x 285 irr
Acres: 0.72
Zoning: Residential
# Buildings: 4
Elementary School: Mountain View
# of Units: 10
Middle School: Indian Trail
High School: Science Hill
Stories: 2
# Fireplaces: 0
Property Sub-Type: Other
Year Built: 2007
Remarks & Misc
Directions: From South Roan Street go East onto E. Highland Ave. Right onto E.Maple Ave. Fork to right onto East Grande. Property on the Right. Sign.
Property Condition
Above Average: 1
Income and Expenses
Annual Operating Expenses: 19734
Annual Utility Expenses: 5301
Vacancy Rate %: 5
Net Annual Income: 64484
Gross Annual Income: 89520
Exterior Finish
Brick: 1
Vinyl Siding: 1
Unit 1
# Units: 3
# Rooms: 15
# Bedrooms: 6
# Bathrooms: 6
# Half Baths: 0
SqFt: 2295
Monthly Rent: 2185
Unit 2
# Units: 2
# Rooms: 10
# Bedrooms: 4
# Bathrooms: 4
# Half Baths: 0
SqFt: 1530
Monthly Rent: 1545
Style
Townhouse: 1
Roof
Composition: 1
Unit 3
# Units: 2
# Rooms: 10
# Bedrooms: 4
# Bathrooms: 4
Half Baths: 0
SqFt: 1530
Monthly Rent: 1445
Levels
Two: 1
Unit 4
# Units: 3
# Rooms: 15
# Bedrooms: 6
# Bathrooms: 6
Half Baths: 0
SqFt: 2295
Monthly Rent: 2285
Interior Features
Eat-in Kitchen: 1
Heating
Central: 1
Heat Pump: 1
AC
Central Air: 1
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Flooring
Carpet: 1
Laminate: 1
Easements
Other: 1
See Remarks: 1
Financing
Other: 1
See Remarks: 1
Parking Features
Asphalt: 1
Attached: 1
Garage
Garage Spaces: 1
Existing Finance
Other: 1
See Remarks: 1
Walls
Drywall: 1
Location Tax Legal Info
Street #: 169
St Direction: East
Street Name: Grande
St Suffix: Avenue
County: Washington
State/Province: TN
Zip Code: 37601
Area: 303 - SE Johnson City
Status Change Info
Date Pending: 2019-06-27
Sold Date: 2019-07-19
Sold Price: $707,500
Property Features
Property Condition: Above Average
Style: Townhouse
Levels: Two
Exterior Finish: Brick; Vinyl Siding
Interior Features: Eat-in Kitchen
Appliances: Dishwasher; Microwave; Range; Refrigerator
Flooring: Carpet; Laminate
Roof: Composition
Parking Features: Asphalt; Attached
Heating: Central; Heat Pump
Water: Public
Sewer: Public Sewer
AC: Central Air; Heat Pump
Walls: Drywall
Easements: Other; See Remarks
Financing: Other; See Remarks
Existing Finance: Other; See Remarks
Listing Office: Berkshire Hathaway Greg Cox Real Estate
Last Updated: September - 26 - 2020
Information deemed reliable but not guaranteed.