Fully equipped kitchenLuxury vinyl flooringWindow blindsWasher and dryer hookups
Rare Investment Opportunity Near Historic Downtown Jonesborough!
Fantastic opportunity to own a fully occupied 8-unit apartment property in an incredible location within walking distance of charming historic downtown Jonesborough. Each unit offers 2 bedrooms and 1 full bath, a fully equipped kitchen, washer and dryer hookups, luxury vinyl flooring, and window blinds.
All 8 units are currently rented, providing immediate rental income with potential for future rent increases. 5 units are equipped with mini-split heating and cooling systems, while the remaining 3 have window air-conditioning units. A new roof was installed in 2020, adding to the property's appeal and long-term value.
The location is truly hard to beat! Residents can walk to historic downtown Jonesborough to enjoy its restaurants, shops, community events, and small-town charm. The property is also within walking distance of the Jonesborough Senior Center and conveniently located near a public pickleball court, adding even more recreational opportunities nearby. Plus, Johnson City and the surrounding Tri-Cities area are just a short drive away.
Whether you're looking to expand your investment portfolio or add a fully occupied multifamily property with future income potential, this 8-plex offers an outstanding combination of location, occupancy, and opportunity.
Rent rolls for all 8 units attached
11 days
|
159
|
4
|
Zillow last checked:
Listing updated:
Listed by:
Erika Santucci423-773-4600,
Coldwell Banker Security Real Estate423-282-2595,
Jacque Lowe423-791-4410,
Coldwell Banker Security Real Estate
Source: TVRMLS,MLS#: 9999527
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Other
Cooling
Window Unit(s), Other
Appliances
Included: Electric Range, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup
Features
Flooring: Luxury Vinyl
Interior area
Total structure area: 3,200
Total interior livable area: 3,200 sqft
Property
Parking
Parking features: Asphalt
Features
Levels: One
Stories: 1
Lot
Size: 0.52 Acres
Dimensions: 180 x 126 irr
Topography: Sloped, Level
Details
Parcel number: 052o D 01103 000
Zoning: multi
Construction
Type & style
Home type: MultiFamily
Architectural style: See Remarks
Property subtype: Multi Family
Materials
Vinyl Siding
Foundation: Block
Roof: Asphalt
Condition
Average
New construction: No
Year built: 1980
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected