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1106 Fremont Drive, Johnson City, TN 37601 - $2,600,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9975693
Living Area: 0 Lot Acreage: 3 Year Built: 1973
Elementary School: Mountain View Middle School: Liberty Bell High School: Science Hill
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 is 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
  • More Listing Info
    AC:Heat Pump3true
    AC:Window Unit(s)true
    Appliances:Rangetrue
    Appliances:Refrigeratortrue
    Contract Info:ForeclosureNo
    Easements:See Remarks18true
    Exterior Finish:Brick4true
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Carpettrue
    Flooring:Laminatetrue
    General Property Description:# Buildings2
    General Property Description:# of Units25.0
    General Property Description:Acres2.7
    General Property Description:Elementary School3Mountain View
    General Property Description:High School3Science Hill
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions202 x 595 roughly
    General Property Description:Middle School2Liberty Bell
    General Property Description:Senior Community YN3No
    General Property Description:Stories22
    General Property Description:Total Units25
    General Property Description:Zoning2RP 4
    Heating:Heat Pump2true
    Heating:Radianttrue
    Info Available:Rental Rollstrue
    Levels:Twotrue
    Location Tax Legal Info:City Taxes5605.78
    Location Tax Legal Info:County Taxes6087.08
    Location Tax Legal Info:Deed Book #1115
    Location Tax Legal Info:Deed Page #1646
    Property Condition:Averagetrue
    Remarks Misc:Directions3From 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 Remarks2Investment 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 is 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!
    Roof:Compositiontrue
    Sewer:Public Sewertrue
    Structure Type:Multi Familytrue
    Style:See Remarks40true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms31
    Unit 1:# Units16
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Units27
    Unit 3:# Bathrooms31.5
    Unit 3:# Bedrooms53
    Unit 3:# Units31
    Unit 4:# Bathrooms21.5
    Unit 4:# Bedrooms62
    Unit 4:# Units41
    Walls:Drywalltrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
KW Johnson City
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