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150 Joe Hale Drive -, Johnson City, TN 37615 - $450,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Quadruplex MLS Number: 9994588
Living Area: 0 Lot Acreage: 0 Year Built: 1961
Elementary School: Boones Creek Middle School: Boones Creek High School: Daniel Boone
Property Description
Fantastic Investment Opportunity- Four Unit Apartment Complex. Two-Story Stacked Flats (Two Units on Ground Floor & Two Units on Second Floor). Lawn Maintenance, Electric & Water - Landlord Expense. Electric, Telephone, CATV - Tenant Expense. Fully occupied. Annual Rental Income : $39,540. NO SHOWINGS ON UNITS until property is under contract subject to previewing.
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    Appliances:See Remarks5true
    Contract Info:ForeclosureNo
    Easements:Other7true
    Easements:See Remarks18true
    Expenses Include:Electric2true
    Expenses Include:Lawn Mainttrue
    Expenses Include:Property Managementtrue
    Expenses Include:Repairs and Mainttrue
    Expenses Include:Taxes Personal Propertytrue
    Expenses Include:Wastetrue
    Exterior Finish:Brick4true
    Exterior Finish:Frametrue
    Flooring:Carpettrue
    Flooring:Vinyltrue
    Foundation:Other25true
    General Property Description:# Buildings1
    General Property Description:# of Units4.0
    General Property Description:Acres0.0
    General Property Description:Elementary School3Boones Creek
    General Property Description:High School3Daniel Boone
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions103' X 159' X 187' X 139' IRR
    General Property Description:Middle School2Boones Creek
    General Property Description:Senior Community YN3No
    General Property Description:Stories22
    General Property Description:Total Units4
    General Property Description:Zoning2R-1
    Heating:CHW Systemtrue
    Heating:Electrictrue
    Heating:See Remarks10true
    Income and Expenses:Annual Operating Expenses15219
    Income and Expenses:Gross Annual Income39540
    Info Available:See Remarks28true
    Interior Features:Other19true
    Levels:Twotrue
    Location Tax Legal Info:BlockF
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes2024.64
    Location Tax Legal Info:Deed Book #1079
    Location Tax Legal Info:Deed Page #1822
    Location Tax Legal Info:Lot #10
    Location Tax Legal Info:Unit #-
    Parking Features:Asphalt2true
    Parking Features:Drivewaytrue
    Parking Features:Shared Drivewaytrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3Take Hwy 36., turn right onto Pickens Bridge Road, travel 4/10 mile and turn left onto Boone Avenue, take your first road to the right-Joe Hale Drive, property will be on your right when the road forks. NO FOR SALE SIGN.
    Remarks Misc:Public Remarks7Fantastic Investment Opportunity- Four Unit Apartment Complex. Two-Story Stacked Flats (Two Units on Ground Floor & Two Units on Second Floor). Lawn Maintenance, Electric & Water - Landlord Expense. Electric, Telephone, CATV - Tenant Expense. Fully occupied. Annual Rental Income : $39,540. NO SHOWINGS ON UNITS until property is under contract subject to previewing.
    Roof:Metal3true
    Security Features:See Remarks41true
    Sewer:Septic Tanktrue
    Structure Type:Quadruplextrue
    Style:Split Foyer2true
    TopographyLot Description:Level2true
    TopographyLot Description:Part Woodedtrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Units1
    Unit 1:Monthly Rent895
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Units22
    Unit 2:Monthly Rent2825
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 3:# Units33
    Unit 3:Monthly Rent3850
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms62
    Unit 4:# Units44
    Unit 4:Monthly Rent4725
    Walls:Panelingtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Lefemine Commercial Properties, LLC
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