406 W MAPLE ST JOHNSON CITY, TN 37604

Features

• Price/sqft: $252
• Lot Size: 0.17 acres
• Total Units: 4
• Stories: 200
• Roof Type: GABLE OR HIP
• Heating: 13
• Exterior Walls: Brick

Facts

• Year Built: 01/01/1913
• Property ID: 838850841
• MLS Number: 9960835
• Parcel Number: 054C-J-005.00
• Property Type: Commercial
• County: Washington
• Legal Description: J CITY REAL ESTATE CO PB: 81 PG: 84 BLK: 17 LOT: 92 MAPLEWOOD APTS 50 X 151
• Zoning: R4
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. The West Walnut project is much closer to being complete, with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-Plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 Unique layouts varying between 1 and 2 Bedroom units. The time period of construction is reflected in the detail of this beautiful building with many units having exposed brick built-ins and vintage hardwood floors. The building has heating and air in all apartments with a combination of mini splits and window units when necessary. This fully occupied building has been updated, and a metal roof was installed in 2020. With all that Downtown has to offer, the demand will remain high for this property. Internet, water and sewer are included in rent. Two units also have power included. There is a reason why the occupancy remains full for this one. Rent rolls available upon request.