NOT LISTED FOR SALE

309 Anderson Rd Johnson City, TN 37601

-- Bed
-- Bath
-- Sq Ft
0.91 Acres

Last Sold October 17, 2013

Last sale price $160,000

138 Days on Market

Highlights

  • In Ground Pool
  • Wood Burning Stove
  • Solid Surface Countertops
  • Creek or Stream View
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of October 2013

Cash Cow ready for you to milk it!!!This consists of one building that has 4-1BR apartments that was built in 2000. The 2nd building consists of 3-1BR apartments, 1-2BR apartment and a 3BR home that you could either rent out or live in and rake in the cash. There is an inground pool, a hot tub and a large garage/storage building that goes with this property. Only 5 minutes from ETSU, Milligan College and Roan St. Buyers/Buyers agents please verify/all into taken from third party sources.

Last Agent to Sell the Property

LISTINGS TRANSFERRED

KW Kingsport Listed on: 05/24/2013

Last Buyer's Agent

CC MILHORN

KW Johnson City License #290396

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.91 Acre Lot
  • Level Lot
  • Cleared Lot
  • Garden
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Workshop
  • Creek or Stream Views
  • Fire and Smoke Detector
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Happy Valley Elementary And Middle School
  • Happy Valley High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 039.05

Community Details

Overview

  • 3 Buildings

Building Details

  • Operating Expense $4,000
  • Gross Income $45,000
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Directions: From Okolona Rd Exit on Interstate 26: Go toward Erwin on Erwin Hwy approx. 1 mile;take a left on Anderson Road-go approx. 1 mile -property on right.
  • Prop. Type: Residential Income
  • Year Built: 1985
  • Garage Garage Spaces: 2
  • Property Sub Type: Multi-Family
  • Unit Levels: Two, One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 039.05
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.91
  • General Property Description Zoning2: commercial
  • General Property Description Elementary School3: Happy Valley
  • General Property Description Middle School2: Happy Valley
  • General Property Description High School3: Happy Valley
  • Water Public: Yes
  • General Property Description Lot Dimensions: other
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • Pool Features In Ground: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • AC Ceiling Fan(s): Yes
  • Flooring Carpet: Yes
  • TopographyLot Description Cleared: Yes
  • View CreekStream: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Foundation Slab: Yes
  • Flooring Ceramic Tile: Yes
  • General Property Description # Buildings: 3
  • Levels:Two: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Ceramic Tile
  • Interior Amenities: Smoke Detector(s), Solid Surface Counters
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • InteriorFeatures:Smoke Detector(s): Yes
  • Interior Features:Solid Surface Counters: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Lot Features: Level, Cleared
  • View: Creek/Stream
  • Exterior Features: Garden
  • Pool Features: In Ground
  • Acres: 0.91
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Covered: Yes

Garage/Parking

  • Parking Features: Asphalt, Detached, Gravel
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump, Electric, Central
  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Happy Valley
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: commercial
  • Lot Dimensions: other
  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 039.05
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 45000.0
  • Vacancy Allowance Rate: 5.0

Range of Values:

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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
10/17/2013 10/17/13 Sold $160,000 -36.0% --
10/10/2013 10/10/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $249,900 -- --
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 334089

Tennessee/Virginia Regional MLS