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423-968-7653
Apple Realty and Auction
Multifamily

216 Mckinley Church Rd, Johnson City, TN 37604

2 Story, Other See Remarks
FOR SALE – An offer has been accepted, waiting to close
Price: $110,000  Price Per SqFt: List Date: 2018-11-02  DOM:  20
City Tax: $504 County Tax: $635
Year Built: 1940 About homes built before 1978
Lot Dimensions: 66.29 x 132.49Topography: Level
Heating: BaseboardCooling: Window UnitWater & Sewage: Sewer-Public, Water-Public
Appliances: Range, Refrigerator

Description

Great investment opportunity. A full price commercial loan payment at 6 1/2% APR calculates to be $696 per month and the gross rental income is $2,000 per month. All the current renters have been living there for around two years each WITH 100% OCCUPANCY. So obviously this could be a cash cow for an investor. The only reason the seller is selling is due to age and health issues. All facts here in are deemed reliable but must be verified by the buyer.

Community Information

Geographical
Area: SW Johnson City
County: Washington-tn
Subdivision:
Zoning: R3
School System
Woodland Elementary Elementary
Indian Trail Middle
Science Hill High

Interior

Flooring: Carpet, Vinyl 

Exterior

Porch, Patio, Decking Detail:  Back, Covered, Front, Side Roof: Composition Shingle Exterior Finish: Vinyl Garage: None Other Exterior: Driveway-Gravel

Photos

Listing by Century 21 Heritage
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