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307 West Watauga Avenue, 0, Johnson City, TN 37604 - $64,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi-Family Sub Type: Other MLS Number: 9909106
Living Area: 0 Lot Size: 0.17000
Elementary School: North Side Middle School: Indian Trail
High School: Science Hill

Property Description
Property is currently being used for accommdations for short or long term stay in the downtown area of Johnson City. Property is zoned B-3 that allows many different business possibilities. Property has 2 sides. The left side of the property has 5 bedrooms/rooms and 1 bathroom and a common area with microwave for tenants. Right side has a 3 bedrooms/rooms, 1 bathroom and common area with microwave as well. Each tenant has a key to door and their own bedroom. Each bedroom is equipped with a bed, tv and refrigerator. Tenants sign no lease, as rooms are rented week to week for $100.00: which includes power/water and cable as well as linens. Owner states that electric averaged $170.00 a month, for past 6 months. Water averages $71.00 a month, and cable is $160.00 a month. Insurance is $1,500 a year according to Seller. Gas averaged $130.00 a month, for past 6 months. Property has 1 electric meter, and 1 water meter to the property. Property features 2 driveways and a alley behind property. There is also a detached shed for storage. Home is being sold AS IS, WHERE IS. Seller will provided termite treatment if needed-but will not do any repairs. Some furniture will convey with the sale of property, with the exception of 2 window air conditioners that are owned by 2 tenants. Freshly painted interior. Property needs some attention, but is priced $36K below tax assessment. REALTORS-NEED A MINIMUM OF 4 HOURS TO SHOW.
Listing Courtesy:
CENTURY 21 LEGACY
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