Great investment property! First time on the market! This 5 unit apartment building is located in a prime location close to the interstate, ETSU, Milligan College, shopping and restaurants. Each townhouse has 2 spacious bedrooms, full bath, hall closet and linen closet upstairs. Main level consists of living room, coat closet with extra storage, convenient half bath with laundry area (stackable washer and dryer included), kitchen and dining area leading to back deck. Also, each unit has central vac. Townhouses are approximately 1,000 sq. feet. This property has great rental history and a low turnover rate. Three of the occupied units are long-term renters. Monthly rent is $550 per unit and renters pay own electric and water/sewer. Each unit has 2 parking spaces and there are several extra parking spaces. Exterior has just been freshly painted and property has been well-maintained. Don't miss out on this great opportunity! Call for your appointment today! Net annual income is average over last 4 years. Gross annual income is based on all units rented. Students have option of attending Elizabethton City Schools or Happy Valley. Sq. footage taken from Courthouse records. All information herein deemed reliable but not guaranteed.
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