3411 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Johnson City,TN 37604
$ 674999
- Bed
0 Bath
1375 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 1,375 sqft
Subdivision Not In Subdivision
MLS Listing ID 9979343
Year Built 1965
Lot Size 0.380 Acres
Property Description
Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath) units. and back side of the building on the lowest level there are 2-(1bed/1bath) units. All units have tile flooring, fresh paint, and newer appliances. With its central location, proximity to downtown, ETSU, and major employers, this property is ideally positioned for long-term appreciation and increased rent potential!
*Information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.
Location
State TN
County Washington
Community Not In Subdivision
Area 0.38
Zoning Commercial
Interior
Heating Baseboard
Cooling Window Unit(s)
Equipment Range,Refrigerator
Exterior
Roof Type Composition,Shingle
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction No
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA