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35363538 West Walnut Street
Johnson City TN 37604
MLS #10000313 · Listing Courtesy of Property Executives Johnson City
$449,000
Active
1.11
Acres
1940
Built
Property Description
Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space.
With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes!
3536 W. Walnut:
-Unit #1 is a 2 bedroom 1 bath unit renting for $1,350.00 per month. Includes power, gas, and water.
-Unit #2 is a 1 bedroom 1 bath unit renting for $1,070.00 per month. Includes water.
3538 W. Walnut:
-3 bedroom 2 bath renting for $1,515.00 per month and includes power, gas, and water.
All 3 units are on 1 parcel. Duplex and double wide have separate water meters.
UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS.
NO SIGN OR LOCKBOX
Property Facts
Property TypeMulti Family
Sub TypeMulti Family
MLS Number10000313
Lot Dimensions0
City Taxes$0
County Taxes$892.19
Elementary SchoolJonesborough
Middle SchoolJonesborough
High SchoolDavid Crockett
Features & Amenities
Interior
Ceiling Fan(s)
Concrete Flooring
Dishwasher
Electric Range
Heat Pump
Kitchen/Dining Combo
Laminate Counters
Laminate Flooring
Laundry
Microwave
One-Level
Open Floorplan
Primary Bathroom
Primary Bedroom
Primary Downstairs
Refrigerator
Remodeled
Smoke Detector(s)
Tile Flooring
Exterior
Asphalt
Brick Exterior
Cleared Lot
Driveway
Duplex
Front Porch
Landscaping
Metal Siding Exterior
Rear Patio
Shed(s)
Shingle Roof
Storage
Vinyl Siding Exterior
Other
Above Average Condition
Cable Connected
Electricity Connected
Natural Gas Available
Public Water
Septic Tank Sewer
Utilities
Directions
From State of Franklin, take W Walnut Street for approximately 3 miles. Property will be on the right. GPS friendly. NO SIGN
-
Additional Information
Contract InfoForeclosureNoEasementsNoneYesGeneral Property Description# Buildings2HOANoHome WarrantyNoSenior CommunityNoTotal Units3ZoningresidentialLocation Tax Legal InfoDeed Book #1,098Deed Page #2,549Lot #4Structure TypeDuplexYesManufactured HouseYesMulti FamilyYesStyleOtherYesUnit 1# Bathrooms1# Bedrooms2# Rooms5# Units1Monthly Rent1,350Unit 2# Bathrooms1# Bedrooms1# Rooms4# Units1Monthly Rent1,070Unit 3# Bathrooms2# Bedrooms3# Units1Monthly Rent1,515SqFt1,764
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