$694,000
Johnson City, TN 37604
MLS# 9975962
Status: Closed
3400 sqft
1 / 67
Property Description
Looking for a fantastic investment opportunity? This Turnkey Four-Plex (2bd 1ba each) is ready to generate income as short-term Airbnb rentals or long-term leases! All furniture & fixtures convey! Conveniently located near East Tennessee State University(ETSU), this property is ideal for students, professionals, or hosting visitors to the area. Units 9 & 12 rented last year for $2800month each, Fully Furnished. Preapproval letter or Proof of funds to be provided & reviewed prior to confirmation for showing. 16 channel hard wire camera system installed around the exterior of the building accessible to each unit. Brand new HVAC system, Appliances & Fixtures. Unit #10 new mini splits installed. Agents please read Private Remarks. All information deemed reliable but not guaranteed Buyer/Buyer Agent to verify.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 062b G 047.00
Deed Book #: 1118
Deed Page #: 138
City Taxes: 1827.14
County Taxes: 1984.02
Contract Info
List Price/SqFt: 213.53
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 726000
Current Price: $694,000
Listing Date: 2025-02-10
General Property Description
Lot Dimensions: 143.47 x 161.36 IRR
Acres: 0.6
Zoning: Residental
# Buildings: 1
Elementary School: Cherokee
# of Units: 4
Middle School: Indian Trail
Total Units: 4
High School: Science Hill
Stories: 2
Senior Community YN: No
HOA Y/N: No
Home Warranty: No
Property Sub-Type: Multi Family
Year Built: 1971
Total SqFt: 3400
Remarks & Misc
Directions: Take 24 onto University Parkway. Go through 2 red lights, make a Left turn on Cherokee Rd. Continue 1.5 miles and make a Left on Parkwood Ln. Head to the back of the culdesac, property will be facing you.
Property Condition
Above Average: 1
Exterior Finish
Brick: 1
Unit 1
# Bedrooms: 2
# Bathrooms: 1
SqFt: 850
Unit 2
# Bedrooms: 2
# Bathrooms: 1
SqFt: 850
Style
Other: 1
Roof
Shingle: 1
Unit 3
# Bedrooms: 2
# Bathrooms: 1
SqFt: 850
Levels
Two: 1
Unit 4
# Bedrooms: 2
# Bathrooms: 1
SqFt: 850
Window Features
Double Pane Windows: 1
Interior Features
Balcony: 1
Exterior Features
Balcony: 1
Heating
Central: 1
Heat Pump: 1
AC
Central Air: 1
Water
Public: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Topography/Lot Description
Level: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Luxury Vinyl: 1
Easements
None: 1
Security Features
Closed Circuit Camera(s): 1
Key Card Entry: 1
Parking Features
Asphalt: 1
Existing Finance
VA: 1
Porch/Patio/Deck
Covered: 1
Structure Type
Quadruplex: 1
Location Tax Legal Info
Street #: 1810
Street Name: Parkwood
St Suffix: Lane
County: Washington
State/Province: TN
Zip Code: 37604
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2025-02-25
Sold Date: 2025-05-12
Sold Price: $694,000
Property Features
Property Condition: Above Average
Style: Other
Levels: Two
Exterior Finish: Brick
Interior Features: Balcony
Exterior Features: Balcony
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Security Features: Closed Circuit Camera(s); Key Card Entry
Flooring: Luxury Vinyl
Roof: Shingle
Parking Features: Asphalt
Heating: Central; Heat Pump
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Window Features: Double Pane Windows
AC: Central Air
Structure Type: Quadruplex
Easements: None
Existing Finance: VA
Listing Office: Lantern Real Estate
Last Updated: May - 12 - 2025
Information deemed reliable but not guaranteed.
Broker Attribution:
ashley@lantern-realestate.com