 |
|
|
|
 "Both buildings"
|
|
Price: |
$188,000
|
|
Est. Payment: |
$902
per month *
|
Calculator
|
|
|
|
|
|
Johnson City, TN 37601
|
|
|
|
|
Bedrooms: |
7
|
|
Bathrooms: |
1
|
|
Type: |
Multi-family
|
|
Sq. Ft.: |
Not Specified
|
|
Listing ID: |
WPW7568
|
|
|
|
|
|
|
|
| Seller Name: | David | | Day Phone: | | |
|
|
|
|
|
|
|
|
|
|
|
- 2 stories
- Residential zoning
- City (Neighborhood) views
- Forced Air heating system
|
- Wall Unit(s) cooling system
- City provided sewer/wastewater
- $1,900 estimated taxes (yearly)
|
|
|
|
|
Great Investment. MAKE OFFER YOU MAY BE SURPRISED .
2 buildings- One has 5 units, the 2nd, has 2 units. Property brings in $2950.00 per month.
This will change for next year , we have been raising the rent this year.
All units are occupied. 3 units are new inside.
There is a top floor apt that can be spit into 2 apartments & then can add another $500 a mo. to the profits. It already has an entrance door on both ends of apt.
you can just up the rent like we are doing to justify cost of living prices,,,
what keeps them in our aprts now, is they only have one deposit, & one bill every month.
, the idea is to get the apartments up to a $3,550 per mo. that would give you income of ruffly about $42,600.00 a year..
Apartments come with furniture, so tenents have very good reason to love the place. air units for all apts.are suplied.... we have started raising the rent this year. we have found to be lower then others in this area..
all apartments have good running appliances , & we do a preventive maintnance check on them twice a year ,to check for leaking pipes & make sure all fire alarms are in good working order
. 100 % rented ..renters know we dont allow disrespecting other renters. so they all get along great,,
perfect for out of state investers,,
, maintance, cleaning crew, & aprt. show.agree to stay on for new owner. not as expensive to manage. so you dont even have to look for a manager..
. Call me, be the new owner. THIS is just an asking price, If your interested don't be afraid to give an offer. I might just take it.
Great investment....Right now you might just talk me into paying closing cost..
We can only keep this complex at this price until we finish all the apartments, Then we will be forced to go up on the price.
Asking 188,000.00
Dave. 574-457-5008
cell 423-213-7096
www.owners.com/WPW7568
|
|
|
|
|
|
|
|
|
|
* Based on 20% down and a 30-year fixed rate of 6%.
Change Assumptions.
|
|
|
-
-
-
-
-
-
-
-
-
-
-
-
-
|
|
-
-
|
|
|
|
