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

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Blue Ridge Properties Listing

1106 Fremont Drive, Johnson City, TN 37601 (MLS #9975693)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9975693

Lot Acreage: 2.70000

Living Area: 0

Year Built:1973

Elementary School: Mountain View

Middle School: Liberty Bell

High School: Science Hill

Public Remarks: 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 Courtesy:KW Johnson City

More Listing Info:

AC:Heat Pump3: true

AC:Window Unit(s): true

Appliances:Range: true

Appliances:Refrigerator: true

Contract Info:Foreclosure: No

Easements:See Remarks18: true

Exterior Finish:Brick4: true

Exterior Finish:Vinyl Siding: true

Flooring:Carpet: true

Flooring:Laminate: true

General Property Description:# Buildings: 2

General Property Description:# of Units: 25.0

General Property Description:Acres: 2.7

General Property Description:Elementary School3: Mountain View

General Property Description:High School3: Science Hill

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 202 x 595 roughly

General Property Description:Middle School2: Liberty Bell

General Property Description:Senior Community YN3: No

General Property Description:Stories2: 2

General Property Description:Total Units: 25

General Property Description:Zoning2: RP 4

Heating:Heat Pump2: true

Heating:Radiant: true

Info Available:Rental Rolls: true

Levels:Two: 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

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 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:Composition: true

Sewer:Public Sewer: true

Structure Type:Multi Family: true

Style:See Remarks40: true

TopographyLot Description:Level2: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 1

Unit 1:# Units: 16

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 2

Unit 2:# Units2: 7

Unit 3:# Bathrooms3: 1.5

Unit 3:# Bedrooms5: 3

Unit 3:# Units3: 1

Unit 4:# Bathrooms2: 1.5

Unit 4:# Bedrooms6: 2

Unit 4:# Units4: 1

Walls:Drywall: true

Water:Public: true