NOT LISTED FOR SALE

169 E Grande Ave Johnson City, TN 37601

-- Bed
-- Bath
-- Sq Ft
0.72 Acres

Last Sold July 19, 2019

Last sale price $707,500

308 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Level Lot
  • Liberty Bell Middle School Rated A
  • Central Heating and Cooling System
  • Carpet

About This Home

As of July 2019

Captivating multi unit complex that is a planned unit development located a mile away from ETSU and downtown Johnson City. Recently updated with fresh paint and new flooring in most areas. These units offer an upscale living while being tucked away in a quiet private area. Complex offers additional parking and lots of room to get in and out. Each townhouse is a 2 bed/2 bath PUD with a DRIVE UNDER GARAGE, open floor plan and plenty of storage! Five units rent for $795 and Five have older leases that rent for $695. This is a perfect opportunity for an investor wanting to live on site, sell units individually as PUDs or maintain the current rental income! Owner/Agent. Taxes are assessed on each unit individually. Buyer/Buyers agent to verify all MLS info.

Last Agent to Sell the Property

Brandon Tittle

Berkshire Hathaway Greg Cox Real Estate License #347001 Listed on: 08/22/2018

Berkshire Hathaway Greg Cox Real Estate

Last Buyer's Agent

MONA STANTON

RE/MAX Preferred License #347447

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 0.72 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Schools

  • Mountain View Elementary School
  • Indian Trail Middle School
  • Science Hill High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 055A B 005.00

Community Details

Overview

  • 4 Buildings

Building Details

  • Utility Expense $5,301
  • Operating Expense $19,734
  • Gross Income $89,520
  • Net Operating Income $64,484

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Directions: From South Roan Street go East onto E. Highland Ave. Right onto E.Maple Ave. Fork to right onto East Grande. Property on the Right. Sign.
  • Prop. Type: Residential Income
  • Year Built: 2007
  • Garage Garage Spaces: 1
  • IncomeAndExpensesAnnualUtilityExpenses: 5301
  • Property Sub Type: Other
  • Architectural Style: Townhouse
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 055A B 005.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.72
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Mountain View
  • General Property Description Middle School2: Indian Trail
  • General Property Description High School3: Science Hill
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 150 x 285 irr
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Style Townhouse: Yes
  • General Property Description # Buildings: 4
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Carpet, Laminate
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Lot Features: Level
  • Acres: 0.72
  • Construction Type: Brick, Vinyl Siding
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump, Central
  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Mountain View
  • High School: Science Hill
  • Middle Or Junior School: Indian Trail

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 150 x 285 irr
  • Lot Size Sq Ft: 31363.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 055A B 005.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 89520.0
  • Vacancy Allowance Rate: 5.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $707,500 -16.0% --
06/27/2019 06/27/19 Pending -- -- --
08/22/2018 08/22/18 For Sale $842,500 -- --
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brandon Tittle

    Berkshire Hathaway Greg Cox Real Estate

    (423) 534-1646

    37 Total Sales

    Brandon Tittle
    Section Image

  • M

    Buyer's Agent in 2019

    MONA STANTON

    RE/MAX Preferred

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 411628

Tennessee/Virginia Regional MLS
Tennessee Washington County Johnson City 37601

169 E Grande Ave, Johnson City, TN

Not Listed for Sale

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