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Listing Details

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166178 Gray Station Road

Johnson City TN 37615
MLS #9979640 · Listing Courtesy of Hurd Realty, LLC
$599,000
Active
99,999
Sq Ft
3.7
Acres
1935
Built
Property Description
Looking for an investment opportunity? Look no further!! This unique property consists of 2 separate parcels totaling approximate 3.7 acres with ''7'' rental income producing single family homes (all on sewer) and ''2'' additional garages located right off Gray Station Road, which is just minutes from Franklin Woods Medical Center, Boone Lake, and other local restaurants and shopping. All properties are on month to month and annually grossing approximately $73,000 EXPENSES ARE: - Property taxes for 2024 were $3,354.17 - Water is approx. $450 per month All showing require a minimum of 24hr notice to notify tenants. Listing agent can provide photos of ''most'' interior units upon request of pre-approved buyer. This property is being sold AS IS and priced to sell quickly... Contact your Realtor TODAY! - Please READ private remarks
Property Facts
Property TypeCommercial Sale
MLS Number9979640
City Taxes$0
County Taxes$3,354.17
Features & Amenities
Additional Building(s)
Average Condition
Below Average Condition
Fixer Condition
Public Sewer
Public Water
Residential
Directions
From 6547 Kingsport Hwy, Johnson City, TN 37615 Head northwest on Kingsport Hwy / TN-36 toward Ben Jenkins Rd Turn left onto Gray Station Rd Turn left to stay on Gray Station Rd Keep right to stay on Gray Station Rd Arrive at Gray Station Rd on the right
  • Additional Information
    AC
    See RemarksYes
    Contract Info
    ForeclosureNo
    Development Status
    See RemarksYes
    Electric Service
    See RemarksYes
    Exterior Finish
    See RemarksYes
    General Property Description
    Annual Lease73,000
    HOANo
    LeaseNo
    Lot Size150642 sq ft
    Total Finished SqFt99,999
    Unfinished SqFt99,999
    ZoningR
    Heating
    See RemarksYes
    Info Available
    See RemarksYes
    Location Tax Legal Info
    Deed Book #R254
    Deed Page #I2193
    Other Equipment
    See RemarksYes
    Restrictions
    See RemarksYes
    Road Access
    See RemarksYes
    Sale Includes
    See RemarksYes
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