$139,900
307 West Watauga
Johnson City, TN 37604
MLS# 9932590
2500 sqft


307 West Watauga, Johnson City, TN 37604
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Property Description
Property is currently being used for accommodations for short term stay in the downtown area of Johnson City. Property is zoned B-3, which allows for many different business possibilities. Property has 2 sides. The left Left side of the property has 5 bedrooms/rooms and 1 bathroom and a common area with microwave for tenants. Right side has a 3 bedrooms/rooms, 1 bathroom and common area with microwave as well. Each tenant has a key to entrance door to there side only, and door key to their own bedroom. Each bedroom is equipped with a bed, dresser and refrigerator, plus a cable box, which will be returned to Spectrum after Sell and New Owner can re-issue., tenants provide there own TV.. Tenants sign no lease, as rooms are rented week to week for $100.00: which includes power/water and basic cable. Owner states that electric averaged $170.00 a month, for past 9 months. Water averages $71.00 a month, and cable is $160.00 a month. Insurance is $1,500 a year according to Seller. Gas averaged $130.00 a month, for past 6 months period. Property has 1 electric meter, and 1 water meter to the property. Has a new Hot water Heater and a gas only furnace, no A/C. Property features 2 driveways and a alley behind property. There is also a detached shed for storage. Home is being sold AS IS, WHERE IS. Some furniture will convey with the sale of property, some items the tenants may have added, such as the 3 window air conditioners that are owned by 3 tenants. Freshly painted interior. New hot water heater. Property needs some attention, In the pass 9 months the Gross Income was $22,265.00.

Details
Maps
Documents
Location, Tax & Legal Info
Street #: 307
St Direction: West
Street Name: Watauga
County: Washington
State/Province: TN
Zip Code: 37604
Lot #: PT 4
Block: 2
Deed Book #: R735
Deed Page #: 1518
Parcel ID: 046n H 039.00 000
City Taxes: 432.63
County Taxes: 543.95
Contract Info
Status: Active
Listing Price: 139900
Current Price: $139,900
List Price/SqFt: 55.96
Listing Date: 2022-01-07
Sub Agent: No
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Dimensions: 50x144.2 IRR
Acres: 0.17
Zoning: B-3
Property Sub-Type: Multi-Family
# Buildings: 1
# of Units: 1
Total Units: 1
Stories: 2
Year Built: 1920
Elementary School: North Side
Middle School: Indian Trail
High School: Science Hill
Home Warranty: No
Total SqFt: 2500
Remarks & Misc
Public Remarks: Property is currently being used for accommodations for short term stay in the downtown area of Johnson City. Property is zoned B-3, which allows for many different business possibilities. Property has 2 sides. The left Left side of the property has 5 bedrooms/rooms and 1 bathroom and a common area with microwave for tenants. Right side has a 3 bedrooms/rooms, 1 bathroom and common area with microwave as well. Each tenant has a key to entrance door to there side only, and door key to their own bedroom. Each bedroom is equipped with a bed, dresser and refrigerator, plus a cable box, which will be returned to Spectrum after Sell and New Owner can re-issue., tenants provide there own TV.. Tenants sign no lease, as rooms are rented week to week for $100.00: which includes power/water and basic cable. Owner states that electric averaged $170.00 a month, for past 9 months. Water averages $71.00 a month, and cable is $160.00 a month. Insurance is $1,500 a year according to Seller. Gas averaged $130.00 a month, for past 6 months period. Property has 1 electric meter, and 1 water meter to the property. Has a new Hot water Heater and a gas only furnace, no A/C. Property features 2 driveways and a alley behind property. There is also a detached shed for storage. Home is being sold AS IS, WHERE IS. Some furniture will convey with the sale of property, some items the tenants may have added, such as the 3 window air conditioners that are owned by 3 tenants. Freshly painted interior. New hot water heater. Property needs some attention, In the pass 9 months the Gross Income was $22,265.00.
Directions: Roan Street towards Science Hill, Let on South Roan Street towards downtown area. Turn RT on W. Unaka, Go 3 blocks, turn left on Jackson. At stop sign, turn left on Watauga, 2nd home on the right.
Unit 1
# Units: 1
# Rooms: 8
# Bedrooms: 8
# Bathrooms: 2
SqFt: 2500
Property Features
Property Condition: Below Average; Fixer
Style: 2 Story
Exterior Finish: Brick; Vinyl Siding
Interior Features: Entrance Foyer; Smoke Detector(s); Storm Door(s)
Exterior Features: Sidewalk
Appliances: Microwave; Refrigerator
Flooring: Hardwood; Vinyl
Roof: Metal
Other Rooms: Sitting
Parking Features: Dirt; Gravel
Porch/Patio/Deck: Covered; Front Porch
Other Structures: Outbuilding; Storage
Topography/Lot Description: Level
Heating: Floor Furnace; Forced Air; Hot Water; Natural Gas
Water: At Road; Public
Window Features: Single Pane Windows; Window Treatment-Some
Sewer: Public Sewer
Basement: Crawl Space; Dirt Floor
Foundation: Block; Stone
AC: Ceiling Fan(s)
Utilities: Cable Connected
Construction: Site Built
Walls: Drywall; Plaster
Easements: None
Financing: Cash; Conventional
Existing Finance: None

Listing Office: CHOICE REALTY

Last Updated: January - 15 - 2022

307 West Watauga, Johnson City, TN 37604 - MLS# 9932590

Information deemed reliable but not guaranteed.

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