There are 2 buildings sitting on this property. Each building is assessed seperately for taxes. The main building is assessed at $154,000 and the second at $45,900 making a total of just at $200,000. Zillow cannot report on 2 separate taxes and they are reporting only on one. The separation keeps the taxes lower which is why I do seek to combine them. This is a Single Family home which was converted into apartments in 1973. It has easy capability of reopening into a large residential home. The property has 2 buildings on the lot; the main house and a garage apartment behind it. The reason there is a discrepancy between my asking price and Zillow zestimate is that Zillow is only able to give information based on 1 Tax Assessment. Washington Co. appraises my 2 buildings at 2 different values. The main house which is pictured has 2 full sized apartments plus a Studio. There is a full size basement great for storage. All apartments are rented at present time. The second bldg. is a full size, 1 bedroom, 2 baths apartment. New roofs on both buildings with double pane windows for garage apartment but not installed at present time. This property is a good investment. With 4 units a buyer could live in one unit while renting out the others at no less than $1150/month or rent out all units bringing in approx. $1900 per month. Good neighborhood. This listing is being sold with: http://www.zillow.com/homedetails/1301-E-Holston-Ave-Johnson-City-TN-37601/81361657_zpid/?view=public
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
