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307 Watauga

Johnson City, TN 37604
  • $139,900
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 9932590
$139,900
  • 8
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,500
    SQFT
  • $56
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

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.

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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: 2022-01-22T23:59:50.207.
www.easttennesseehomepros.com/homes/124559177
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307 Watauga Johnson City, TN 37604

  • Price: $139,900
  • Status: Active
  • On Site: 15 Days
  • MLS #: 9932590
8
Beds
2
Baths
0
½ Baths
0.17
Acres
2,500
SQFT
$56
$/SQFT
1920
Built
County:
Washington
Elementary School:
North Side
Middle School:
Indian Trail
High School:
Science Hill
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.
Exterior Features

Exterior Features Sidewalk Exterior Finish BrickVinyl Siding Foundation BlockStone Lot Dimensions 50X144.2 IRR Other Structures OutbuildingStorage Parking Features DirtGravel Porch Patio Deck CoveredFront Porch Roof Metal Style 2 Story Topography Lot Description Level Walls DrywallPlaster Window Features Single Pane WindowsWindow Treatment-Some

Interior Features

Ac Ceiling Fan(S) Appliances MicrowaveRefrigerator Basement Crawl SpaceDirt Floor Building1 Number Half Baths 0.00 Building1 Number Rooms 8 Flooring HardwoodVinyl Heating Floor FurnaceForced AirHot WaterNatural Gas Interior Features Entrance FoyerSmoke Detector(S)Storm Door(S) Number Fireplaces 0 Other Rooms Sitting

Property Features

Auction No Building1 Monthly Rent 0 Building1 Number Units 1 City Taxes 432.63 County Taxes 543.95 Easements None Existing Finance None Financing CashConventional Foreclosure No Income And Expenses Gross Annual Income 0 Lot Number Pt 4 Property Condition Below AverageFixer Property Sub Type Multi-Family Sewer Public Sewer Short Sale No Utilities Cable Connected Water At RoadPublic Zoning B-3

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of John Burnette, Jr. of Choice Realty.



© 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: 2022-01-22T23:59:50.207.
 
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The Lusk Team | Evans & Evans Real Estate
2685 Boones Creek Rd. Ste.104
Johnson City TN, 37615