210 Longview Avenue
Property Description
Rare Investment Opportunity Near Historic Downtown Jonesborough! Fantastic opportunity to own a fully occupied 8-unit apartment property in an incredible location within walking distance of charming historic downtown Jonesborough. Each unit offers 2 bedrooms and 1 full bath, a fully equipped kitchen, washer and dryer hookups, luxury vinyl flooring, and window blinds. All 8 units are currently rented, providing immediate rental income with potential for future rent increases. 5 units are equipped with mini-split heating and cooling systems, while the remaining 3 have window air-conditioning units. A new roof was installed in 2020, adding to the property's appeal and long-term value. The location is truly hard to beat! Residents can walk to historic downtown Jonesborough to enjoy its restaurants, shops, community events, and small-town charm. The property is also within walking distance of the Jonesborough Senior Center and conveniently located near a public pickleball court, adding even more recreational opportunities nearby. Plus, Johnson City and the surrounding Tri-Cities area are just a short drive away. Whether you're looking to expand your investment portfolio or add a fully occupied multifamily property with future income potential, this 8-plex offers an outstanding combination of location, occupancy, and opportunity. Rent rolls for all 8 units attached
Broker Details
Coldwell Banker Security Real Estate of Tennessee Inc. (423) 446-0148
MLS ID: 30111
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,750,000 |
| No. of Units: | 8 |
| Year Built: | 1980 |
| Lot Size: | 3,200.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $218,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-TVARMLS-9999527
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