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House
·
for sale
USD 485,000
USD 171/sq.ft
New
809 Ridgecrest Road
Englewood, Johnson City District 3 Washington County Tennessee
· 2,820 sq.ft · House
Englewood, Johnson City District 3 Washington County Tennessee · 2,820 sq.ft · House
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!
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!
USD 485,000