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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Lease | Sub Type: | MLS Number: | 9975691 | |
| Living Area: | 16,200 | Lot Acreage: | 3 | Year Built: | 1973 |
| Elementary School: | Middle School: | High School: |
Property Description
Investment Opportunity - 25-Unit Apartment Complex in Johnson City, TN
Introducing 1106 Fremont Drive, a prime multi-family investment in the heart of Johnson City, TN. This 25-unit apartment complex offers a steady income stream with renters already in place, making it an excellent addition to any investor's portfolio.
Proof of funds required before showing.
With units in average condition, this property presents a great opportunity for value-add improvements or continued stable cash flow as-is. Conveniently located near local amenities, shopping, and major roadways, it ensures strong rental demand in an ever-growing market.
Whether you're looking to expand your portfolio or break into the multifamily space, 1106 Fremont Drive offers potential and profitability in an established rental community. Don't miss this opportunity!
Listing Status
Active
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More Listing Info
AC:Heat Pump3 true AC:Window Unit(s) true Business Type:Residential2 true Contract Info:Foreclosure No Development Status:See Remarks37 true Electric Service:See Remarks36 true Exterior Finish:Brick4 true Exterior Finish:Vinyl Siding true General Property Description:Acres 2.7 General Property Description:Annual Lease 198000.0 General Property Description:HOA YN No General Property Description:Lease Yes General Property Description:Lot Size2 2.7 Acres General Property Description:Stories3 2.0 General Property Description:Total SqFt Finished 16200.0 General Property Description:Total SqFt Unfinished 0.0 General Property Description:Zoning2 RP 4 Heating:Heat Pump2 true Heating:Radiant true Info Available:Rental Roles true Location Tax Legal Info:City Taxes 5605.78 Location Tax Legal Info:County Taxes 6087.08 Location Tax Legal Info:Deed Book # 1115 Location Tax Legal Info:Deed Page # 1646 Other Equipment:Range2 true Other Equipment:Refrigerator2 true Property Condition:Average true Remarks Misc:Directions3 From Legion St. turn onto King Springs Rd. travel .3 mil and take a L onto E Ridge Dr. then a R on Fremont Dr. Property will be on the L. GPS friendly. Remarks Misc:Public Remarks2 Investment Opportunity - 25-Unit Apartment Complex in Johnson City, TN Introducing 1106 Fremont Drive, a prime multi-family investment in the heart of Johnson City, TN. This 25-unit apartment complex offers a steady income stream with renters already in place, making it an excellent addition to any investor's portfolio. Proof of funds required before showing. With units in average condition, this property presents a great opportunity for value-add improvements or continued stable cash flow as-is. Conveniently located near local amenities, shopping, and major roadways, it ensures strong rental demand in an ever-growing market. Whether you're looking to expand your portfolio or break into the multifamily space, 1106 Fremont Drive offers potential and profitability in an established rental community. Don't miss this opportunity! Restrictions:Other37 true Road Access:City Street true Roof:Composition true Sale Includes:See Remarks35 true Sewer:Public Sewer true Water:Public true Videos: (none) Virtual Tours: (none)
Listing Courtesy:
KW Johnson City
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