1. Tennessee
  2. Johnson City
  3. 705 Lehigh Street
$260,000

705 Lehigh Street, Johnson City, TN 37604

  • 1,776 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $146/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

PROPERTY BEING SOLD WITH OWNER FINANCING WITH A MINIMUM OF 4 YEAR TERM Discover a promising duplex investment property ideally located near East Tennessee State University (ETSU), the VA, downtown, and Roan Street's business district. This 1,154 sq ft property features two 1-bedroom, 1-bath apartments, each with laundry hookups, and has undergone extensive renovations. Key improvements include: New roof, flooring, joists, and plumbing - Upgraded interiors Left unit: fully remodeled with a new kitchen, bath, and modern finishes. Right unit: new flooring, updated bath, and added laundry area. New mini-split HVAC systems in both units for efficient heating and cooling. Separate water lines to each unit with tenant-paid utilities. Currently generating $1,850 in monthly rent (both units are rented at $950/month, one of the units receives $50 credit for lawn care maintenance), this property is an excellent choice for a first-time rental investment or a valuable addition to your growing real estate portfolio. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

Listing Status:
Active
Date Added:
February 28, 2025 at 06:00AM
Listing Office:
LPT Realty - Griffin Home Group : 423-482-0743
Listing Agent:
Jim Griffin : 423-482-0743
MLS ID:
9973664
  • A/C: OtherSee Remarks
  • Heating: OtherSee Remarks

This listing courtesy of Jim Griffin, LPT Realty - Griffin Home Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Side Elementary School

1011 Southwest Ave, Johnson City, TN, 37604

Grades PK-4

0.85 miles away

L

Liberty Bell Middle School

718 Morningside Dr, Johnson City, TN, 37604

Grades 7-8

0.68 miles away

S

Science Hill High School

1509 John Exum Pkwy, Johnson City, TN, 37604

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.