307 Watauga

$64,900, 2 Baths .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.

Essential Information

MLS® #424666
Year Built1920
Style2 Story

Community Information

Address307 Watauga
Area304 - SW Johnson City
Zip Code37604


UtilitiesCable Connected
ParkingOther, Dirt, See Remarks
GaragesCrawl Space
Has PoolYes


HeatingForced Air, Natural Gas
Has BasementYes
BasementCrawl Space
# of Stories2


ExteriorVinyl Siding
Lot DescriptionLevel

School Information

ElementaryNorth Side
MiddleIndian Trail
HighScience Hill

Additional Information

Date ListedJuly 19th, 2019
Days on Market144
HOA Fees0.00

Listing Details

Listing Courtesy ofCENTURY 21 LEGACY

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307 Watauga, (MLS® #424666) Property History

Price Reduced from $72,500 to $64,900
Status Changed from Contingency to Active
Status Changed from Active to Contingency

Copyright 2019 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed December 10th, 2019 at 5:15pm

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