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104 Jax Drive

Johnson City, TN 37615
  • $999,999
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 9938950
Price Reduced
$999,999
  • 0
    BEDS
  • 3.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2014
County:

School Ratings & Info

Description

Here is your opportunity to own a 26 unit residential rental complex in Johnson city. This property consists of an apartment building, a fourplex, and a 21 mobile homes (current owner owns 17 of the 21 mobile homes). The property is comprised of two parcels and totals 3.47 acres. Each unit is on its own meter; therefore, tenants can pay for their own utilities. There are 10 septic tanks found on the property that are pumped regularly. The annual potential gross income for this property is approximately $180,900. Additional information such as Rent roll & profit loss statement can be provided upon request. You don't want to miss the opportunity to own this income producing property! Buyers to verify all information.

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© 2022 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-08-10T23:59:53.133.
www.conservusrealestategroup.com/homes/129589422
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104 Jax Drive Johnson City, TN 37615

  • Price: $999,999
  • Status: Active
  • On Site: 64 Days
  • MLS #: 9938950
0
Beds
0
Baths
0
½ Baths
3.47
Acres
2014
Built
Neighborhood:
Gray/Boones Creek
County:
Washington
Area:
Gray/Boones Creek
Property Description
Here is your opportunity to own a 26 unit residential rental complex in Johnson city. This property consists of an apartment building, a fourplex, and a 21 mobile homes (current owner owns 17 of the 21 mobile homes). The property is comprised of two parcels and totals 3.47 acres. Each unit is on its own meter; therefore, tenants can pay for their own utilities. There are 10 septic tanks found on the property that are pumped regularly. The annual potential gross income for this property is approximately $180,900. Additional information such as Rent roll & profit loss statement can be provided upon request. You don't want to miss the opportunity to own this income producing property! Buyers to verify all information.
Exterior Features

Exterior Finish Other Lot Size 151185 Sqft Road Access City Street Roof Other

Interior Features

Ac Other Heating Other Total Sqft Finished 0.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 142919.00 Auction No Business Type Other City Taxes 0.00 County Taxes 790.56 Development Status Other Electric Service See Remarks Financing CashConventional Foreclosure No Info Available AerialAppraisalInvestment AnalysisLeasesProfit/Loss StatementRental Roles Other Equipment See Remarks Property Condition Average Restrictions Other Sale Includes Other Sewer Septic Tank Short Sale No Water Public Zoning Com. / Res.

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Alden Bailey of Century 21 Legacy.



© 2022 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-08-10T23:59:53.133.
 
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Conservus Real Estate Group
402 East Main Street
Kingsport TN, 37660