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Cash Flow Rental Investment Property 212 W. Unaka Ave Johnson City Tennessee

By Kelsey Barklow

Real Estate Agent with Hurd Realty 312675

February 17, 2009 05:59 AM

Kelsey Barklow | Crye-Leike, Realtors | kbarklow@gmail.com | 423 948-9154

212 W. Unaka Avenue, Johnson City, TN

Great cash flow, paved parking in back

9+BR/9BA Multi-Family, 17 units

offered at $275,000

Year Built	1925
Sq Footage	7,251
Bedrooms	10
Bathrooms	4+ full, 0 partial
Floors	3
Parking	4+ Uncovered spaces
Lot Size	15,168 sqft
HOA/Maint	$0 per month

DESCRIPTION

Excellent cash flow for 6 one-bedroom apartments with one bathroom (rent for $400-$550); 3 efficiency apartments (rent for $250-$350) and 8 boarding rooms (furnished, rent for $200-$250 and can also be rented weekly) that share 3 bathrooms. Good property for owner or property manager to occupy premises. Property has been well maintained and is in very good condition. Abundant parking in back and 2 spaces in front. Laundry hook-up in basement. Driveway shared with 210 W Unaka which can also be purchased with 212 W Unaka for $220,000 (Call L.A. for details). Minutes to I26. Financial figures and other attachments forthcoming. All information to be verified by buyer and/or buyer's agent.

see additional photos below

ADDITIONAL PHOTOS

Seller contact info:

Kelsey Barklow

Crye-Leike, Realtors

kbarklow@gmail.com

423 948-9154

For sale by agent/broker

Equal Opportunity Housing

Posted: Feb 6, 2009, 10:09am PST

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Sandy Shores FL Realtor®, Melbourne Real Estate

M & M Realty of Brevard Inc. - Melbourne, FL

Brevard County Real Estate, Florida's Space Coast

Wow Kelsey, 17 unit building for $275K! Are all of the units currently occupied? Looks like a great investment property for some savvy investor.

Feb 25, 2009 12:14 AM

Hurd Realty - Johnson City, TN

423/948-9154

Not all are currently occupied because the owner has been busy with other projects but it is a good money maker, especially combined with the 4-unit house next door.

Feb 26, 2009 11:43 PM

Cash Flow Rental Investment Property 212 W. Unaka Ave Johnson City Tennessee

Comments(2)

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