Commercial ()

3411 West Walnut St, Johnson City, TN 37604

Stories: 2.0

Price: $674,999 Price Per ft²: $245.45 List Date: 2025-04-25 DOM: 2
City Tax: $0 County Tax: $2,103

Year Built: 1965 pre-1978 Homes

Finished Area: 1,375 ft²

Unfinished: 1,375 ft² (not in garage)

Total Area: 2,750 ft² (Finished & Unfinished)

Lot Size: 0.38 acre(s) Lot Dimensions: 99.89 X 176 IRR (.38 AC)

Heating: Baseboard Cooling: Window Unit(s) Water & Sewage: Public

Description

Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath) units. and back side of the building on the lowest level there are 2-(1bed/1bath) units. All units have tile flooring, fresh paint, and newer appliances. With its central location, proximity to downtown, ETSU, and major employers, this property is ideally positioned for long-term appreciation and increased rent potential!*Information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.