Multifamily (Other)

166-178 Gray Station Rd, Johnson City, TN 37615

49 photos—scroll down to see full size

Map & Directions

Traditional

FOR SALE

Price: $799,000 List Date: 2025-04-30 DOM: 9
City Tax: $0 County Tax: $1,794

Year Built: 1935 pre-1978 Homes

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 3.70 acre(s) Lot Dimensions: 150642 sq ft Topography: Level

Heating: See Remarks Cooling: See Remarks Water & Sewage: Public

Description

Looking for an investment opportunity? Look no further!!OWNER FINANCING AVAILABLEThis unique property consists of 2 separate parcels totaling approximate 3.7 acres with ''7'' rental income producing single family homes (all on sewer) and ''2'' additional garages located right off Gray Station Road, which is just minutes from Franklin Woods Medical Center, Boone Lake, and other local restaurants and shopping. All properties are on month to month and annually grossing approximately $73,000EXPENSES ARE: - Property taxes for 2024 were $3,354.17- Water is approx. $450 per month All showing require a minimum of 24hr notice to notify tenants.Listing agent can provide photos of ''most'' interior units upon request of pre-approved buyer.This property is being sold AS IS and priced to sell quickly... Contact your Realtor TODAY!OWNER FINANCING OPTION: - 25% down - 6% interest rate- 30-year amortization - 5-year balloon Realtors - Please READ private remarks