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1308 Bell Ridge Road, Johnson City, TN 37601 - $425,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9993045
Living Area: 0 Lot Acreage: 1 Year Built: 2001
Elementary School: Mountain View Middle School: Liberty Bell High School: Science Hill
Property Description
This turn-key investment opportunity includes five well-maintained apartment units, each offering a spacious one-bedroom layout with approximately 784 square feet. The interiors have been thoughtfully refreshed, featuring updated wood flooring, modern ceiling fans, and full appliance packages--including a stove, refrigerator, dishwasher, and in-unit washer and dryer hookup. The property also offers generous basement storage space for owner use This turn-key 5-unit multifamily property in Johnson City offers stable income with all units currently leased. Each unit is a 1-bedroom, 1-bath (784 SF) with updated flooring, modern fixtures, full appliance packages, and washer/dryer hookups. Tenants pay their own utilities, helping keep expenses low. The property also includes basement storage for owner use. A low-maintenance, income-producing asset ideal for investors seeking reliable cash flow.
Listing Status
Active
  • More Listing Info
    AC:Ceiling Fan(s)true
    AC:Central Airtrue
    Appliances:Dishwashertrue
    Appliances:Disposaltrue
    Appliances:Electric Rangetrue
    Appliances:Refrigeratortrue
    Basement:Dirt Floortrue
    Basement:Walk-Out Accesstrue
    Contract Info:ForeclosureNo
    Easements:See Remarks18true
    Exterior Features:Other20true
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Hardwoodtrue
    Flooring:Laminatetrue
    Foundation:Block6true
    General Property Description:# Buildings1
    General Property Description:# Fireplaces0.0
    General Property Description:# of Units5.0
    General Property Description:Acres0.76
    General Property Description:Elementary School3Mountain View
    General Property Description:High School3Science Hill
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions363.18 x 208.27 IRR
    General Property Description:Middle School2Liberty Bell
    General Property Description:Stories21
    General Property Description:Total Units5
    General Property Description:Zoning2R 3 / R 4
    Heating:Heat Pump2true
    Interior Features:Eat-in Kitchentrue
    Interior Features:KitchenDining Combotrue
    Interior Features:Laminate Counterstrue
    Interior Features:Remodeledtrue
    Interior Features:Walk-In Closet(s)true
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Onetrue
    Location Tax Legal Info:City Taxes2149.91
    Location Tax Legal Info:County Taxes2666.92
    Location Tax Legal Info:Deed Book #R681
    Location Tax Legal Info:Deed Page #I1143
    Parking Features:Asphalt2true
    Parking Features:Deededtrue
    PorchPatioDeck:Coveredtrue
    PorchPatioDeck:Decktrue
    PorchPatioDeck:Front Porchtrue
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3East on Main Street to Legion Street. Turn left on Orleans Street and then right on Bell Ridge. The apartments are on the right, there is no sign.
    Remarks Misc:Public Remarks7This turn-key investment opportunity includes five well-maintained apartment units, each offering a spacious one-bedroom layout with approximately 784 square feet. The interiors have been thoughtfully refreshed, featuring updated wood flooring, modern ceiling fans, and full appliance packages--including a stove, refrigerator, dishwasher, and in-unit washer and dryer hookup. The property also offers generous basement storage space for owner use This turn-key 5-unit multifamily property in Johnson City offers stable income with all units currently leased. Each unit is a 1-bedroom, 1-bath (784 SF) with updated flooring, modern fixtures, full appliance packages, and washer/dryer hookups. Tenants pay their own utilities, helping keep expenses low. The property also includes basement storage for owner use. A low-maintenance, income-producing asset ideal for investors seeking reliable cash flow.
    Roof:Asphalttrue
    Roof:Shingletrue
    Security Features:Security System6true
    Security Features:Smoke Detector(s)3true
    Sewer:Public Sewertrue
    Structure Type:Housetrue
    Style:Ranch2true
    TopographyLot Description:Woodedtrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms31
    Unit 1:# Rooms44
    Unit 1:# Units5
    Unit 1:SqFt63920
    Unit 2:# Units20
    Unit 3:# Units30
    Unit 4:# Units40
    View:Mountain(s)true
    Walls:Drywalltrue
    Water:Publictrue
    Window Features:Insulated Windowstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Elite Team Agency
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