809 Ridgecrest RD, Johnson City, TN 37604
809 Ridgecrest RD, Johnson City, TN 37604
809 Ridgecrest RD, Johnson City, TN 37604
809 Ridgecrest RD, Johnson City, TN 37604
809 Ridgecrest RD, Johnson City, TN 37604
809 Ridgecrest RD, Johnson City, TN 37604
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$ 485,000
Est. payment | /mo

2,824 SqFt


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$ 485,000
Est. payment | /mo
Save

2,824 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,824 sqft

Price per Sqft $171

Subdivision Not In Subdivision

MLS Listing ID 10000938

Style Cottage,Duplex,See Remarks

HOA Y/N No

Year Built 1972

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 110 X 182.45 IRR

Property Sub-Type Multi Family

Source Tennessee/Virginia Regional MLS

Property Description

Income-producing property near ETSU!! Featuring a DUPLEX with two 2-bedroom, 1-bath units plus a NEWLY COMPLETED detached 1-bedroom, 1-bath COTTAGE. The property is currently rented by college students, with bedrooms leased individually to maximize income.

The four duplex bedrooms are currently rented at $635 per room, plus tenants' share of utilities - $1,270 per unit. The cottage offers additional income potential and features new appliances, flooring and HVAC. With all three living spaces rented, projected gross income is just under $4,000/month.

Each living area has separate HVAC and separate power metering. Duplex is on same water meter. Convenient to ETSU, downtown Johnson City, hospitals, shopping and more. Great opportunity for a student rental, investment property, house hack or multi-generational setup.The property sits on a generously-sized nearly half acre lot. Time to build your portfolio? This is THE ONE!

Location

State TN

County Washington

Community Not In Subdivision

Area 0.48

Zoning RP 2

Direction Use any lane to turn left onto TN-67 W/US-321 S/University Pkwy Turn left onto Hwy 67 W W/Cherokee Rd Turn left onto Ridgecrest Rd Destination will be on the left

Interior

Interior Features Eat-in Kitchen, Kitchen/Dining Combo, Open Floorplan, Remodeled, Walk-In Closet(s)

Heating Heat Pump, See Remarks

Cooling Heat Pump

Flooring Vinyl, Carpet, Laminate

Fireplace No

Window Features Double Pane Windows

Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer

Heat Source Heat Pump, See Remarks

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features Asphalt

Utilities Available Electricity Connected, Sewer Connected, Water Connected, See Remarks

Roof Type Shingle

Topography Rolling Slope, Level, Cleared

Porch Deck, Front Porch

Building

Entry Level Two,One

Foundation Slab

Sewer Public Sewer

Water Public, See Remarks

Architectural Style Cottage, Duplex, See Remarks

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools South Side

Middle Schools Indian Trail

High Schools Science Hill

Others

Senior Community No

Tax ID 054n C 04700 000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Brittany Reed • Selling Stateline Real Estate Group
Amber Warsy
Amber Warsy

Agent License ID: 383929

+1(423) 794-6768 | amberwarsyrealtor@gmail.com

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809 Ridgecrest RD