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1168 Huffine Road, Johnson City, TN 37604 - $1,200,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi-Family Sub Type: Other MLS Number: 9963120
Living Area: 0 Lot Acreage: 3 Year Built:
Elementary School: Jonesborough Middle School: Jonesborough High School: David Crockett
Property Description
INVESTMENT OPPORTUNITY MULTI FAMILY ON 3 +/- ACRES IN JOHNSON CITY DIRECTLY ACROSS FROM WILLOW SPRINGS PARK. NO CITY TAXES This opportunity has 17 RENTAL UNITS, ALL WELL KEPT -16 manufactured homes , recently updated with pex plumbing, and electrical, cosmetic upgrades as well. All manufactured homes are 2 bed 1 bath with exception of unit 8 which is a 3 bed 2 bath. One nice size site built home with 3 bed 1 bath , 1025 SQ FT MAIN LEVEL attached garage 650 SQ FT and full basement 1025 SQ FT with drive under garage. One office building with potential studio apartment. All units occupied with majority long term residents. There is definitely POTENTIAL TO INCREASE PROFIT MARGINS NOW. Annual Gross income currently $128,772. All information herein deemed reliable but subject to Buyer verification.
  • More Listing Info
    AC:Central Airtrue
    AC:Other5true
    AC:See Remarks11true
    Construction:Manufacturedtrue
    Construction:Site Built2true
    Contract Info:ForeclosureNo
    Easements:See Remarks18true
    Exterior Finish:Aluminum Sidingtrue
    Exterior Finish:Brick4true
    General Property Description:# Buildings17
    General Property Description:# of Units17.0
    General Property Description:Acres3.0
    General Property Description:Elementary School3Jonesborough
    General Property Description:High School3David Crockett
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensionssee acres
    General Property Description:Middle School2Jonesborough
    General Property Description:Stories21
    General Property Description:Total Units17
    General Property Description:Zoning2R2/R1
    Heating:Electrictrue
    Levels:Onetrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes1884.0
    Location Tax Legal Info:Deed Book #885
    Location Tax Legal Info:Deed Page #1802
    Parking Features:See Remarks22true
    Property Condition:Above Averagetrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3From Johnson City- North State of Franklin- Turn onto West Walnut. Travel approx. 1.3 miles turn left onto Huffine Road. Travel approx 1.2 mile and see the property on the right , directly across from Willow Springs Park.
    Remarks Misc:Public Remarks2INVESTMENT OPPORTUNITY MULTI FAMILY ON 3 +/- ACRES IN JOHNSON CITY DIRECTLY ACROSS FROM WILLOW SPRINGS PARK. NO CITY TAXES This opportunity has 17 RENTAL UNITS, ALL WELL KEPT -16 manufactured homes , recently updated with pex plumbing, and electrical, cosmetic upgrades as well. All manufactured homes are 2 bed 1 bath with exception of unit 8 which is a 3 bed 2 bath. One nice size site built home with 3 bed 1 bath , 1025 SQ FT MAIN LEVEL attached garage 650 SQ FT and full basement 1025 SQ FT with drive under garage. One office building with potential studio apartment. All units occupied with majority long term residents. There is definitely POTENTIAL TO INCREASE PROFIT MARGINS NOW. Annual Gross income currently $128,772. All information herein deemed reliable but subject to Buyer verification.
    Roof:Compositiontrue
    Roof:Shingletrue
    Sewer:Septic Tanktrue
    Style:See Remarks2true
    Style:Traditionaltrue
    TopographyLot Description:Clearedtrue
    TopographyLot Description:Level2true
    Unit 1:# Units17
    Unit 2:# Units217
    Unit 3:# Units317
    Unit 4:# Units417
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
REMAX Checkmate, Inc. Realtors
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