A great investment property with return on investment! Rare find, 41 units all 1 bedroom with good track record. Priced at 1,500,000. Returns at 11.58% cap. rate which is strong in any market. Buildings are brick exterior with architectural shingle roofs. Listing Agent is also owner. Contact listing Agent directly with all inquiries. Listing Agent is also owner.
Multi-familyProperty Type
1980Year Built
5.2 acresLot Size
Listed by Mark Dishman II• Crye-Leike Realtors
Bought with CHRISTOPHER BYRNE• Crye-Leike Realtors
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Washington County
APN
047 P E 003.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Dec 19, 2023.
Property details
Parking
Parking/Garage Information
Parking Features: Asphalt
Interior
Heating & Cooling
Has Cooling
Cooling: Wall Unit(s)
Has Heating
Heating: Baseboard
Interior Features
Interior Features: Laminate Counters
Appliances: Electric Range, Refrigerator
Flooring: Vinyl, Carpet
Exterior
Exterior Features
Roof: Shingle
Building Information
Levels: Two
Construction Materials: Brick
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Other
Lot Information
Lot Features: Sloped
Lot Size Dimensions: 5.2 acres
Lot Size Area: 5.2
Lot Size Units: Acres
Lot Size Acres: 5.2
Zoning Description: RS
Utilities
Utility Information
Water Source: Public
Utilities: Cable Available
Sewer: Public Sewer
Location
Schools Information
Elementary School: Boones Creek
Middle Or Junior School: Boones Creek
High School: Science Hill
Location Information
Directions: Take Market St. exit from I-26 East. Turn left off exit and right onto Legion St. Left onto King Springs Rd. Left on Bell Ridge Rd. property on left.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Washington County
APN: 047 P E 003.00
Home facts updated by county records on Dec 19, 2023
Around this home
Schools
Mountain View Elementary School
Public PreK-5 • Assigned • 0.3mi
6/10
Indian Trail Middle School
Public 6-8 • Assigned • 5.5mi
7/10
Science Hill High School
Public 9-12 • Assigned • 2.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 99° expected this year, 20 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Johnson City, TN • 37601
Average low and high temperatures (°F)
43
26
53
32
67
41
75
51
76
56
84
64
88
69
82
64
78
59
71
48
61
41
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.7 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.43M – $1.73M
Sell confidently with a local market expert in Johnson City. 3 minutes to get started.