$169,000

402 East Unaka #1

Johnson City TN, 37601

Description

Great Rental Investment Opportunity! Beautiful older home near downtown Johnson City has been remodeled for a unique rental business. On the main level is a Salon Rental Business that has (4) Stylist Workstations, each are rented and operated by independent hair stylists, the upper level has (2) residential apartments. The total combined rental revenue is over 30k a year. No Salon experience or management experience is required. Note: Stylist are independent contractors, and each have been renters for a number of years. The apartments have also been fully rented for a number of years. No Salon Experience is Required, this is a rental business that requires no supervision or hands-on involvement. Whether you are a first-time investor or if you simply want to add to your portfolio, this is a wonderful opportunity. Rent Rolls and Additional Information is available upon request. This investment includes the house, property and business. Buyers & Buyers Agent to verify all information. Appointments are required, call LA for showing instructions, rent rolls and financials.

Details

MLS#424048
StyleIndustrial
Sub-TypeResale
StatusActive
Year1929
Days On Site136

Features

SQ Feet1,944
Story(s)2
ZoningR01

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Area Information

StateTN
CountyWashington
CityJohnson City
Zip Code37601
Area302 - NE Johnson City
Listing VS Median (in 37601)
Price:
$169,000
low | high
Med:
$139,900
67.218934911243% of Average
SqFt:
1,944
low | high
Med:
1,679
63.657407407407% of Average
$ / SqFt:
$87
low | high
Med:
$84
53.273221196325% of Average
On Site:
136
low | high
Med:
38
100% of Average
Listing Updated: 11/18/2019
MLS Number: 424048
Listing Provided By:
SAM TAYLOR  of  THE PROPERTY EXPERTS

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