Multifamily (Multi Family)

3411 West Walnut St, Johnson City, TN 37604

Traditional Stories: 2

FOR SALE

Price: $674,999 Price Per ft²: $inf List Date: 2025-04-28 DOM: 11
City Tax: $0 County Tax: $2,103

Year Built: 1965 pre-1978 Homes

Total Area: 0 ft² (Finished & Unfinished)

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

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

Appliances: Range, Refrigerator

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