200 East Watauga Avenue, Johnson City, TENNESSEE

$720,000

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2,600

Square feet

0.15

Acres

About 200 East Watauga Avenue

200 E Watauga is composed of 6-(1 bedroom/1 bath) apartments. This property has a 7% cap rate fully rented, with a gross income of $71,700. These units have separate electrical meters for each unit with tenants paying their own electricity. Tenants pay a utility charge to offset the expense of water, sewer, trash, and internet. The majority of these units have been updated with new appliances, new floors, new bathrooms, and new kitchens. The property is being professionally managed by a local property management company (Casa Haven Property Management) and would be willing to continue to work with the new owners for a smooth transition.

Features of 200 East Watauga Avenue

MLS® # 9967093
Price $720,000
Bathrooms 0.00
Square Footage 2,600
Acres 0.15
Year Built 1920
Type Multi-Family
Sub-Type Multi-Family
Style Other
Status Active

Community Information

Address 200 East Watauga Avenue
City Johnson City
County Washington
State TENNESSEE
Zip Code 37601

Amenities

Garages Concrete, Parking Spaces
View Mountain(s)
Is Waterfront No

Interior

Interior Features Balcony, Eat-in Kitchen, Remodeled, Smoke Detector(s), Storm Door(s)
Appliances Range, Refrigerator
Heating See Remarks
Cooling Other
Fireplace Yes
# of Fireplaces 1
Fireplaces Brick
# of Stories 2
Stories Two

Exterior

Exterior Vinyl Siding
Lot Description Level2
Roof Shingle
Construction Site Built2

School Information

Elementary North Side
Middle Liberty Bell
High Science Hill

Additional Information

Date Listed June 12th, 2024
Days on Market 43
Zoning RO 1
Foreclosure No
Short Sale No

Listing Details

OfficeTrue North Real Estate

Listing Map

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