204 East Watauga Avenue
Johnson City,
TN
37601
Property Details
List Price: |
$720,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
2600 |
Agency: |
True North Real Estate |
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Description/Comments
Lot Size: |
-- |
Property Type: |
Other |
Year Built: |
1925 |
Notes: |
204 E Watauga is composed of 6 - (1bedroom/1bath) apartments. This property has a 7% cap rate and is fully rented with a gross income of $69,300. <br />
<br />
These units have separate electrical meters for each unit with tenants paying their own electricity. <br />
<br />
Tenants pay a utility charge to offset the expense of water, sewer, trash, and internet. <br />
<br />
The majority of these units have been updated with new appliances, new floors, new bathrooms, and new kitchens. <br />
<br />
The property is being professionally managed by a local property management company (Casa Haven Property Management) and would be willing to continue to work with the new owners for a smooth transition. |
MlsNumber: |
9967095 |
Estimate Your Monthly Payment
Listing Provided By: |
True North Real Estate, original listing |
Name: |
True North Real Estate |
Phone: |
(423) 210-4155 |
Office Name: |
True North Real Estate |
Office Phone: |
(423) 210-4155 |
Agent Name: |
Matthew McCrory |
Disclaimer: |
Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |