Johnson City, TN 37604,3411 Walnut ST
Johnson City, TN 37604,3411 Walnut ST
Johnson City, TN 37604,3411 Walnut ST
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$674,999
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1,375 SqFt
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3411 Walnut ST Johnson City, TN 37604

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 1,375 sqft

Subdivision Not In Subdivision

MLS Listing ID 9979343

HOA Y/N No

Total Fin. Sqft 1375

Originating Board Tennessee/Virginia Regional MLS

Year Built 1965

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 99.89 X 176 IRR (.38 AC)

Property Description

Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath) units. and back side of the building on the lowest level there are 2-(1bed/1bath) units. All units have tile flooring, fresh paint, and newer appliances. With its central location, proximity to downtown, ETSU, and major employers, this property is ideally positioned for long-term appreciation and increased rent potential!
*Information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.

Location

State TN

County Washington

Community Not In Subdivision

Area 0.38

Zoning Commercial

Direction From Johnson City go northeast on Cherry St toward buffalo st, then turn left at the f1st cross street onto buffalos st. the turn at the 1st cross street onto w state of franklin rd, then turn left onto west walnut st, the property will be on your left. NO sign.

Interior

Heating Baseboard

Cooling Window Unit(s)

Equipment Range, Refrigerator

Heat Source Baseboard

Exterior

Roof Type Composition,Shingle

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 053o B 006.00

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


Listed by Matthew McCrory • True North Real Estate

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agent

Amber Crum

Agent | License ID: 366037, 0225263310

+1(423) 914-9451

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3411 Walnut ST