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Blue Ridge Properties Listing
(MLS #9984005)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi Family
Sub Type: Multi Family
MLS Number: 9984005
Lot Acreage: 0.17000
Living Area: 0
Year Built:1913
Elementary School: South Side
Middle School: Indian Trail
High School: Science Hill
Public Remarks: West Walnut Close to full completion and with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 unique layouts varying between 1 and 2 bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been Updated and the metal roof was installed in 2020. With all that downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. Rent rolls and financials available upon request.
Listing Courtesy:KW Johnson City
More Listing Info:
AC:Central Air: true
AC:Window Unit(s): true
Appliances:Cooktop: true
Appliances:Electric Range: true
Appliances:Refrigerator: true
Contract Info:Foreclosure: No
Easements:None12: true
Exterior Finish:Brick4: true
Flooring:Concrete4: true
Flooring:Hardwood: true
General Property Description:# Buildings: 1
General Property Description:# of Units: 8.0
General Property Description:Acres: 0.17
General Property Description:Elementary School3: South Side
General Property Description:High School3: Science Hill
General Property Description:HOA YN: No
General Property Description:Lot Dimensions: 50 X 151
General Property Description:Middle School2: Indian Trail
General Property Description:Stories2: 2
General Property Description:Total Units: 8
General Property Description:Zoning2: R2
Heating:Central: true
Heating:Other12: true
Income and Expenses:Gross Annual Income: 94800
Income and Expenses:Vacancy Rate %: 0.0
Interior Features:Built-in Features: true
Location Tax Legal Info:Block: 17
Location Tax Legal Info:City Taxes: 2572.79
Location Tax Legal Info:County Taxes: 3249.0
Location Tax Legal Info:Deed Book #: 1106
Location Tax Legal Info:Deed Page #: 1708
Location Tax Legal Info:Lot #: 92
Parking Features:Deeded: true
PorchPatioDeck:Deck: true
PorchPatioDeck:Porch: true
Property Condition:Average: true
Remarks Misc:Directions3: University Blvd to Buffalo. Left on Maple Home on Right.
Remarks Misc:Public Remarks7: West Walnut Close to full completion and with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 unique layouts varying between 1 and 2 bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been Updated and the metal roof was installed in 2020. With all that downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. Rent rolls and financials available upon request.
Roof:Metal3: true
Sewer:Public Sewer: true
Structure Type:House: true
Structure Type:Multi Family: true
Style:Cluster2: true
TopographyLot Description:Sloped: true
Unit 1:# Bathrooms5: 1.0
Unit 1:# Bedrooms3: 1
Unit 1:# Units: 1
Unit 1:Monthly Rent: 950
Unit 2:# Bathrooms4: 1.0
Unit 2:# Bedrooms4: 2
Unit 2:# Units2: 1
Unit 2:Monthly Rent2: 950
Unit 3:# Bathrooms3: 1.0
Unit 3:# Bedrooms5: 2
Unit 3:# Units3: 1
Unit 3:Monthly Rent3: 1100
Unit 4:# Bathrooms2: 1.0
Unit 4:# Bedrooms6: 1
Unit 4:# Units4: 1
Unit 4:Monthly Rent4: 1000
Water:Public: true
