LOCATION! This duplex is located in the heart of Johnson City, TN and convenient to ETSU! The duplex offers 2 units with the possibility of a third unit with the unfinished basement space. Each unit offers 3 bedrooms, 1 full bathroom and an open floor plan. Between the location and options for an additional unit, do not miss your opportunity to view this income producing property before it's gone.
Discover a promising duplex investment property ideally located near East Tennessee State University (ETSU), the VA, downtown, and Roan Street's business district. This 1,154 sq ft property features two 1-bedroom, 1-bath apartments, each with laundry hookups, and has undergone extensive renovations. Key improvements include: New roof, flooring, joists, and plumbing - Upgraded interiors Left unit: fully remodeled with a new kitchen, bath, and modern finishes. Right unit: new flooring, updated bath, and added laundry area. New mini-split HVAC systems in both units for efficient heating and cooling. Separate water lines to each unit with tenant-paid utilities. Currently generating $1,650 in monthly rent ($800 for one unit, $850 for the other), this property is an excellent choice for a first-time rental investment or a valuable addition to your growing real estate portfolio. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Excellent visibility from State of Franklin Road. Centrally located in Johnson City. New hotel being built across the street, new Food City and multiple restaurants within a short walk. Approximately .5-acre lot on Indian Ridge with +/-900sf warehouse and has two drive in doors. Traffic counts on State of Franklin Rd are about 32,000.
Johnson City is located in Tennessee. Johnson City, Tennessee has a population of 69,521. Johnson City is more family-centric than the surrounding county with 26.37% of the households containing married families with children. The county average for households married with children is 25.98%.
The median household income in Johnson City, Tennessee is $47,242. The median household income for the surrounding county is $52,503 compared to the national median of $69,021. The median age of people living in Johnson City is 35.3 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 43.7 inches per year, with 10.9 inches of snow per year.