3411 W Walnut St - Apartments FOR SALE


Johnson City, TN 37604
$674,999 USD
423-806-0702
3411 W Walnut St, Johnson City, TN for Sale
$674,999 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

3411 W Walnut St
Johnson City, TN 37604


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$674,999 USD

PRICE/SF

$164 USD /SF

# OF UNITS

6

PRICE/UNIT

$112,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,808 SF

ZONING

-

APN/PARCEL ID

053O-B-006.00

ASK ABOUT THIS PROPERTY

Matt McCroryTrue North Real Estate AdvisorsMore Info
423-806-0702

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Matt McCroryTrue North Real Estate AdvisorsMore Info
423-806-0702

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.