Multifamily (Other)

1168 Huffine Rd, Johnson City, TN 37604

53 photos—scroll down to see full size

Map & Directions

See Remarks, Traditional Stories: 1

FOR SALE

Price: $1,200,000 List Date: 2024-03-14 DOM: 51
City Tax: $0 County Tax: $1,884

Year Built: 0 pre-1978 Homes

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 3.00 acre(s) Lot Dimensions: see acres Topography: Cleared, Level

Heating: Electric Cooling: Central Air, Other, See Remarks Water & Sewage: Public

Description

INVESTMENT OPPORTUNITYMULTI FAMILY ON 3 +/- ACRES IN JOHNSON CITY DIRECTLY ACROSS FROM WILLOW SPRINGS PARK.NO CITY TAXESThis opportunity has 17 RENTAL UNITS, ALL WELL KEPT -16 manufactured homes , recently updated with pex plumbing, and electrical, cosmetic upgrades as well. All manufactured homes are 2 bed 1 bath with exception of unit 8 which is a 3 bed 2 bath. One nice size site built home with 3 bed 1 bath , 1025 SQ FT MAIN LEVEL attached garage 650 SQ FT and full basement 1025 SQ FT with drive under garage. One office building with potential studio apartment.All units occupied with majority long term residents. There is definitely POTENTIAL TO INCREASE PROFIT MARGINS NOW.Annual Gross income currently $128,772.All information herein deemed reliable but subject to Buyer verification.