307 W. Watauga Ave.
$64,900, .17 Acres
About This Property
Property is currently being used as short-term stay in the downtown area of Johnson City. Property is zoned B-3 that allows many different business possibilities. Property has 2 sides. The left side of the property has 5 bedrooms/rooms and 1 bathroom and a common area with microwave for tenants. Right side has a 3 bedrooms/rooms, 1 bathroom and common area with microwave as well. Each tenant has a key to door and their own bedroom. Each bedroom is equipped with a bed, tv and refrigerator. Tenants sign no lease, as rooms are rented week to week for $100.00: which includes power/water and cable as well as linens. Owner states that electric averaged $170.00 a month, for past 6 months. Water averages $71.00 a month, and cable is $160.00 a month. Insurance is $1,500 a year according to Seller. Gas averaged $130.00 a month, for past 6 months. Property has 1 electric meter, and 1 water meter to the property. Property features 2 driveways and a alley behind property. There is also a detached shed for storage. Home is being sold AS IS, WHERE IS. Seller will provided termite treatment if needed-but will not do any repairs. All furniture will convey with the sale of property, with the exception of 2 window air conditioners that are owned by 2 tenants. Property needs some attention, but is priced $36K below tax assessment.
307 W. Watauga Ave., Johnson /city (MLS® #424666) Property History
Copyright 2019 Tennessee Virginia Regional MLS®. All rights reserved.
Information herein deemed reliable but not guaranteed October 16th, 2019 at 6:23pm