3536/3538 Walnut ST new

Johnson City,TN 37604

$ 524900

- Bed

0 Bath

1764 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,764 sqft

Price per Sqft $297

MLS Listing ID 9985865

Style Duplex,Other

HOA Y/N No

Year Built 1940

Lot Size 1.110 Acres

Acres 1.11

Property Sub-Type Multi Family

Source Tennessee/Virginia Regional MLS

Property Description

Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space.
With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes!

3536 W. Walnut:
-Unit #1 is a 2 bedroom 1 bath unit renting for $1350.00 per month. Includes power, gas, and water.
-Unit #2 is a 1 bedroom 1 bath unit renting for $1050.00 per month. Includes power, gas, and water.

3538 W. Walnut:
-3 bedroom 2 bath renting for $1515.00 per month and includes power, gas, and water.

All 3 units are on 1 parcel. Duplex and double wide have separate water meters.

UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS.
NO SIGN OR LOCKBOX

Location

State TN

County Washington

Area 1.11

Zoning residential

Direction From State of Franklin, take W Walnut Street for approximately 3 miles. Property will be on the right. GPS friendly. NO SIGN

Rooms

Other Rooms Shed(s),Storage

Interior

Interior Features Kitchen/Dining Combo,Laminate Counters,Open Floorplan,Remodeled

Heating Heat Pump

Cooling Ceiling Fan(s),Heat Pump

Flooring Tile,Concrete,Laminate

Appliance Dishwasher,Electric Range,Microwave,Refrigerator

Heat Source Heat Pump

Exterior

Parking Features Driveway,Asphalt

Utilities Available Electricity Connected,Natural Gas Available,Cable Connected

Amenities Available Landscaping

Roof Type Shingle

Topography Cleared

Porch Front Porch,Rear Patio

Building

Entry Level One

Sewer Septic Tank

Water Public

Architectural Style Duplex,Other

Structure Type Brick,Metal Siding,Vinyl Siding

New Construction No

Schools

Elementary Schools Jonesborough

Middle Schools Jonesborough

High Schools David Crockett

Others

Senior Community No

Tax ID 053j A 015.00

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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