Sales Price: $405,000
Raised Ranch
- Year Built: 1960
- City Tax: $1,751
- County Tax: $1,901
- Lot Size: 0.37 acre(s)
- Total Area: 0 ft²
- Heating: Baseboard, Central
- Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
- Water / Sewage: Public
- Topography: Rolling Slope
The eclectic Tree Streets are one of the most sought-after areas in East Tennessee. A tree-lined residential neighborhood within biking distance of ETSU, Quillen Med School, Bill Gatton School of Pharmacy, plus all that Downtown Johnson City has to offer. Unique events make the 'Tree Streets' feel like home. Property is within walking distance to Veterans Park (and South Side Elementary), a few favorites to catch: Music in the Park on Sundays, Kickball and a Covered Dish, Earth Day Bike Parade, Chili Cook-off.Turn-key, high cap properties and multi-families in the Tree Streets are scarce on their own- combining the two is truly a rare opportunity. 500 W Chestnut not only produces a 9% cap, but has immediate potential to increase, without force, through a conservative rental rate adjustment on two of the units.
Lot Dimensions: 93.90 X 167.3 IRR
Expenses Include: Other, Taxes Real Estate, Water/Sewer
Community: Washington County, , Subdivision, Zoned R2
Schools: South Side Elementary, Liberty Bell Middle, Science Hill High
Interior Features:
Flooring: Hardwood, Laminate, Luxury Vinyl
Exterior Features:
Exterior Finish: Brick