4 UNIT APARTMENT BUILDING

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30792394
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 3,710 SF
Gross Building Area: See Agent
Gross Land Area: 0.74 Acres
Sale Price: $235,000
Unit Price: $58,750 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/10/2022

Overview / Comments

OPPORTUNITY IS KNOCKING! ATTENTION INVESTORS OR ANYONE LOOKING TO OWN A SMALL RENTAL PROPERTY! THIS QUAD-PLEX HAS BEEN RECENTLY REMODELED INSIDE! GOOD TENANTS WITH INCREASED LEASE RATES! Each Unit has Baseboard Heat and Dual Heat & Air Window Units in the Living Room and Each Bedroom. Unit 1 = 2BR-$670/Mn, Unit 2 = 1BR-$545/Mn, Unit 3 = 1BR-$545/Mn, Unit 4 = 2BR-$645/Mn. Landlord Expense: Water, Sewer, Trash, Exterior Lights, & Lawn Maintenance, Tenant Expense: Electric, Telephone, CATV. Rent Roles, Leases, and Additional Information is available to Qualified Buyers. Shown by Appointment Only! Do Not Disturb the Tenants! All Information herein is considered reliable, but is not guaranteed. Buyer and Buyers Agent to verify. Call Bill Hawk @423-534-5050 to Schedule Your Showing!

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County, Tennessee
Tax ID/APN: 055A C 011.00
Zoning: R-4
Percent Occupied: 100%
Highway Access: From I 26 take ETSU exit toward ETSU, RIGHT on South Roan, RIGHT on East Highland Road, Building located on the corner of East Highland Road and East Maple Avenue.
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1925
Year Renovated: 2020
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,763 45,159 80,439
Median Age: 32.02 37.02 38.76
Households: 3,954 19,434 34,495

Contact

Photograph of Listing Agent

Bill Hawk

Re/Max Checkmate, REALTORS Commercial
NETAR CMLS Member
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