Multifamily (Multi Family)

, Johnson City, TN 37604

Cluster Stories: 2

FOR SALE

Price: $849,000 Price Per ft²: $inf List Date: 2025-08-03 DOM: 4
City Tax: $2,573 County Tax: $3,249

Year Built: 1913 pre-1978 Homes

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 0.17 acre(s) Lot Dimensions: 50 X 151 Topography: Sloped

Heating: Central, Other Cooling: Central Air, Window Unit(s) Water & Sewage: Public

Appliances: Cooktop, Refrigerator, Electric Range

Description

West Walnut Close to full completion and with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 unique layouts varying between 1 and 2 bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been Updated and the metal roof was installed in 2020. With all that downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. Rent rolls and financials available upon request.