Property Description

Listing Status

• More Listing Info

  AC:Heat Pump3	true
  AC:Wall Unit(s)	true
  Appliances:Electric Range	true
  Appliances:Microwave	true
  Appliances:Refrigerator	true
  Contract Info:Foreclosure	No
  Easements:None12	true
  Expenses Include:Electric2	true
  Expenses Include:Lawn Maint	true
  Expenses Include:Property Management	true
  Expenses Include:Repairs and Maint	true
  Expenses Include:Taxes Real Estate	true
  Expenses Include:Utilities2	true
  Expenses Include:WaterSewer	true
  Exterior Finish:Wood Siding	true
  Flooring:Hardwood	true
  Flooring:Luxury Vinyl	true
  Flooring:Vinyl	true
  General Property Description:# Buildings	1
  General Property Description:# of Units	4.0
  General Property Description:Acres	0.13
  General Property Description:Elementary School3	North Side
  General Property Description:High School3	Science Hill
  General Property Description:HOA YN	No
  General Property Description:Home Warranty2	No
  General Property Description:Lot Dimensions	55 X 104 IRR
  General Property Description:Middle School2	Liberty Bell
  General Property Description:Senior Community YN3	No
  General Property Description:Stories2	2
  General Property Description:Total Units	4
  General Property Description:Zoning2	RO 1
  Heating:Heat Pump2	true
  Heating:Other12	true
  Info Available:Leases2	true
  Info Available:ProfitLoss Statement	true
  Info Available:Rental Rolls	true
  Interior Features:Eat-in Kitchen	true
  Interior Features:Kitchen Island	true
  Interior Features:Laminate Counters	true
  Interior Features:Smoke Detector(s)	true
  Interior Features:Storm Door(s)	true
  Laundry Features:Electric Dryer Hookup	true
  Laundry Features:Washer Hookup	true
  Levels:Two	true
  Location Tax Legal Info:City Taxes	1280.66
  Location Tax Legal Info:County Taxes	1390.62
  Location Tax Legal Info:Deed Book #	1103
  Location Tax Legal Info:Deed Page #	754
  Other Rooms:Laundry	true
  Other Rooms:Sunroom-Unheated	true
  Other Rooms:Utility Room	true
  Parking Features:Concrete2	true
  Parking Features:Parking Spaces	true
  PorchPatioDeck:Front Porch	true
  PorchPatioDeck:Rear Porch	true
  Property Condition:Above Average	true
  Remarks Misc:Directions3	I-26 E, take exit 22, R at ramp. Take Left on Welbourne St, see property on Left.
  Remarks Misc:Public Remarks2	Quadplex in the heart of Johnson City, TN! Perfect as an outright an investment or for house hacking! Live in one and rent out the other three! 206 E Watauga is composed of 3-(1 bedroom/1 bath) apartments and 1- (3bedroom/1bathroom) apartment. This property has a 7% cap rate fully rented, with a gross income of $53,100. These units share all utilities(electric/water/internet/trash/sewer) and the three bedroom has this cost factored into the rent, the other three units pay a 150 utility fee to offset the costs. The two top units have been completed updated with new appliances, new floors, new bathrooms, fresh paint and new kitchens. The 3 bedroom on the main level has beautiful hardwood floors, tile in the bathroom and newer appliances. With a sunroom at the back of the property with a spiral staircase for a back entrance. The basement unit has a very stylish and unique style. with tile flooring, a large bedroom and conveniently located near the laundry room. This property has a laundry room and storage area in the back. The washer and dryer are currently leased and can be taken over by the new owners. The property is being professionally managed by a local property management company (Casa Haven Property Management) and would be willing to continue to work with the new owners for a smooth transition.
  Roof:Shingle	true
  Sewer:Public Sewer	true
  Showing Instructions:24 Hour Notice	true
  Structure Type:House	true
  Style:Traditional3	true
  TopographyLot Description:Level2	true
  Unit 1:# Bathrooms5	1.0
  Unit 1:# Bedrooms3	3
  Unit 1:# Units	1
  Unit 1:Monthly Rent	1300
  Unit 1:SqFt6	800
  Unit 2:# Bathrooms4	1.0
  Unit 2:# Bedrooms4	1
  Unit 2:# Units2	1
  Unit 2:Monthly Rent2	900
  Unit 3:# Bathrooms3	1.0
  Unit 3:# Bedrooms5	1
  Unit 3:# Units3	1
  Unit 3:Monthly Rent3	900
  Unit 4:# Bathrooms2	1.0
  Unit 4:# Bedrooms6	1
  Unit 4:# Units4	1
  Unit 4:Monthly Rent4	900
  Utilities:Cable Connected2	true
  View:Mountain(s)	true
  Walls:Paneling	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

Listing Courtesy: