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1300 University Pkwy, JOHNSON CITY, TN 37604

Commercial property for sale

Added: 01/16/2012
Last Update: 03/22/2012
1300 University Pkwy JOHNSON CITY, TN 37604 US
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Description

PRICED REDUCED!!! Owner is motivated to sell before winter. Two very attractive apartment buildings with five units per building are now available across Lee Street from the new ETSU ballfield and University Edge Apartments. These units are 100% leased. This listing can be combined with the contiguous property to the north - which contains one rental house. The apartment complex encompasses .76 acres and 171.5 feet of frontage along University Parkway. With the purchase of the adjacent lot at 427 Highland Avenue, the site is conducive to apartment expansion, or condo conversion with additional units. Each of the ten units are 1100+ sf and offer a formal living room on the main floor with a full bath, updated kitchen, dining area, deck off the living room, basement laundry room, one car garage with automatic door openers. Garage has room for a workshop. Storage closet under the stairs. Upper level offers linen closet, full bath and two spacious bedrooms. Central heat and air throughout. Commercial development is planned around the ball park, which can only enhance the value of this property. Building price details: $1,700,000.

Property Details

  • Type: Multifamily
  • Status: Available
  • Year Built: 1997
  • Buildings: 1

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