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206 Watauga Ave
Johnson City, TN 37601 Downtown Johnson City

$1,590,000 USD

Apartments For Sale • 8,942 SF

Property Details

Property Type Apartments
Total Building Size 8,942 SF
Lot Size 0.55 AC
Building Class C
Year Built 1920
Zoning RO1

50 Walk Score

                
                    Highlights
                
                                Three-building multifamily portfolio with 16 total units in Johnson City, TN.
                            
                                Over $300,000 in recent capital improvements, including full interior upgrades.
                            
                                Conveniently located less than 3 miles from ETSU and under 5 miles from Milligan University.
                            
                                On-site laundry facilities with mobile payment options and dedicated parking for tenants.
                            
                                Professionally managed asset with a projected 9% cap rate and strong income potential.

Amenities

Laundry Facilities
Microwave
Kitchen
Refrigerator
Oven
Range
Tub/Shower

Public Transportation

Airport	Drive	Walk	Distance
Tri-Cities	22 min	-	15.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes

Matt McCrory 423-557-7839 The Stout Group at eXp

200/204/206 Watauga Ave Johnson City, TN 37601 Downtown Johnson City