607 E Watauga front center
607 E Watauga front entry
607 E Watauga front right
607 E Watauga living room 1
607 E Watauga hallway
607 E Watauga bedroom 1-1
607 E Watauga bedroom 2
607 E Watauga kitchen dining 2
607 E Watauga rear left
607 E Watauga rear right
607 E Watauga unit 2 entry
607 E Watauga unit 3 entry
607 E Watauga alley parking
607 E Watauga front center
607 E Watauga front entry
607 E Watauga front right
607 E Watauga living room 1
607 E Watauga hallway
607 E Watauga bedroom 1-1
607 E Watauga bedroom 2
607 E Watauga kitchen dining 2
607 E Watauga rear left
607 E Watauga rear right
607 E Watauga unit 2 entry
607 E Watauga unit 3 entry
607 E Watauga alley parking
Zip Code
37601
Year Built
1930
Water
Public
Street Address
607 East Watauga Avenue
Status
Active
State
TN
Square Footage
2,822
Sewer
Public Sewer
Roofing
Shingle
Property Type
Multi-Family
Property Sub Type
Multi-Family
Price
$164,900.00
MLS Number
9909204
Middle School
Indian Trail
Longitude
-82.350200
Listing Office
COLDWELL BANKER/SECURITY REAL ESTATE
Listing Agent ID
32354
Listing Agent
FRANK LAVENDER
Latitude
36.327737
Interior Features
Eat-in Kitchen
High School
Science Hill
Heating
Baseboard
Flooring
Hardwood,Laminate
Elementary School
North Side
Directions
From I 26 take Exit (22), turn on Watauga. House on left.
Excellent multi-family opportunity on East Watauga Avenue. This 1930s home was separated into three (2) bedrooms, (1) bath units many years ago, and has been loved by everyone who has lived in it. Tenant parking (one per unit) is in the rear of the building, while guest parking in on the street in front. Rental income is presently $1375 monthly, but could be considerably higher; some current tenants have lived there for a very long time and management has decided not to raise rents in favor of keeping good tenants. Market value would see the rents increase to at least $1800 per month. Just as you would expect, the floors are primarily hardwood, with vinyl in the kitchens and baths, and the windows and doors are cased in solid, wide, hardwood trim. If you are looking for a great investment property in the old town area of Johnson City, this is a ''must see''.
Date Listed
2020-06-15
County
Washington
Cooling
Window Unit(s)
City
Johnson City
Area
302 - NE Johnson City
Appliances
Electric Range,Refrigerator
Acres
0.16
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