Multifamily (Multi Family)

, Johnson City, TN 37604

Other

FOR SALE

Price: $174,900 Price Per ft²: $106.65 List Date: 2026-02-09 DOM: 0
City Tax: $836 County Tax: $1,037

Year Built: 1997

Total Area: 1,640 ft² (Finished & Unfinished)

Lot Size: 1.03 acre(s) Lot Dimensions: 250 x 175 Topography: Level, Sloped

Heating: Central, Heat Pump Cooling: Central Air Water & Sewage: Public

Description

A unique Investment Opportunity in the heart of JC! Own your own Mobile Home park. This is a great income producing opportunity having your own small mobile home park. The park features a total of 6 lots. 5 lots are occupied & 1 lot is Vacant ready for an income producing mobile home. All lots/homes have their own individual electric meters, water/sewer/trash meters & mailboxes. The owners are also responsible for their own lawn mowing. All utilities are underground. This keeps all the utility expenses efficient & separate for each lot. Lots 7 & 8 (on the right side) are Owned by the Property owner & go with this sale of property. They are Occupied with long term tenants & generate $1,675.00 in monthly rental income. 1996-3/1; 1997-2/1 Lots 1, 2 & 4 (on the left side) are individually owned & pay a Lot Rent of $150.00 each, per month totaling 450.00. Trailer rent & lot rent generate a total monthly income of $2,125.00. And lot 6 being vacant & ready for a trailer to be installed, increasing income potential. 2022 a new paved parking lot & in 2025 was resealed. The lot 7 & lot 8 trailers have been refurbished, new Trex decking & new metal underpinning on lot 8. Both are well maintained inside & outside. An excellent opportunity for passive income. Located close to ETSU, JCMC & VAMC. Just off W Market St, in the heart of JC. Buyer & Buyers Agent to verify all information. Contact listing agent for all showings. No Sign & No Lockboxes.