Last Sold Price
2825 McKinley Rd, Unit 7, Johnson City, TN 37604

Description

Great cash flow opportunity ! This is a six unit apartment building plus a detached apartment centrally located and convenient to the hospital, ETSU, Restaurants, and more. All apartments are currently rented with long term tenants up to 15 years. All tenants would like to stay with the new owner. Six of the apartments are 1BR 1Bath and there is a 3BR 2Bath apartment located on the ground floor. Total income is $3475.00/month. The owner currently pays all utilities with the exception of one tenant...Great cash flow opportunity ! This is a six unit apartment building plus a detached apartment centrally located and convenient to the hospital, ETSU, Restaurants, and more. All apartments are currently rented with long term tenants up to 15 years. All tenants would like to stay with the new owner. Six of the apartments are 1BR 1Bath and there is a 3BR 2Bath apartment located on the ground floor. Total income is $3475.00/month. The owner currently pays all utilities with the exception of one tenant and he pays his own electric. Lawn care is provided by two of the tenants. If you are looking for a great investment this is for you. All showings require a 24Hr notice. Buyer and buyer agent must verify all information regarding this property. Property is being sold AS IS. Please see attachments for more details.
LISTING CLOSED: 10/23/2015 12:00 AM

  1. Listed by TRANSFERRED LISTINGS • Southern Dwellings

Property Details for 2825 McKinley Road, Unit 7

Status
MLS #
358612
Days on Market
256
Taxes
$2,753 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Multi-Family
Year Built
1975
Lot Size
0.23 AC / 10,000 SF
Architectural Style
2 Story
Zoning
RS

Location

Listing Courtesy of Southern Dwellings, TRANSFERRED LISTINGS

Sold By Global Properties Network, LLC

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Building Information for 2825 McKinley Road, Unit 7

Stories2Residences-Year Built1975Building Size-Lot Size0.23 AC / 10,000 SF

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Property Information for 2825 McKinley Road, Unit 7

Summary
Location and General Information
  • City: Johnson City
  • County: Washington
  • Directions: W Market Street traveling South. Make a left on S North Street. Right on McKinley Road. Cross over the RR tracks. The property is on the left in the curve. See sign.
  • Latitude: 36.31
  • Longitude: -82.40
  • Postal Code: 37604
  • State Or Province: TN
  • MLS Area Major: 304 - SW Johnson City
  • MLS Area Minor: 304 - SW Johnson City
  • General Property Description : Zoning: RS
Taxes and HOA Information
  • Parcel Number: 044.01
  • Association Fee: 0.0
  • Location Tax Legal Info : City Taxes: $1,239.06
  • Location Tax Legal Info : County Taxes: $1,514.25
School Information
  • High School: David Crockett
  • Middle Or Junior School: Jonesborough
  • Elementary School: Jonesborough
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 100 X 100 IRR
  • Lot Size Square Feet: .00
  • Lot Size Acres: 0.0
  • Lot Features: Level
  • Lot Size Area: .00
  • General Property Description : Acres: .00
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi-Family
  • Year Built: 1975
  • Property Sub Type: Multi-Family
  • Property Type Label: Multi-Family
  • New Construction: No
  • Existing Finance : Conventional: Yes
  • Showing Instructions : Sign: Yes
Utilities
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Heat Pump, Window Unit(s)
  • Interior Features: Laminate Counters
  • Bathrooms Total Decimal: .00
  • Flooring: Vinyl, Carpet, Ceramic Tile
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • General Property Description : Stories: 2
  • Appliances: Refrigerator
Exterior Features
  • Construction Materials: Vinyl Siding
  • Parking Features: Parking Spaces, None
  • Roof: Metal
  • Heating : Heat Pump: Space Heater, Heat Pump
  • Walls : Drywall: Yes
Multi Family
Multi-Family Information
  • General Property Description : # of Units: 7.00
  • Location Tax Legal Info : Unit #: 7
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 41700
  • Income and Expenses : Vacancy Rate: 0
  • Operating Expense Includes: Other, See Remarks
Unit 1
  • Unit 1 : # Units: 6
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 1
  • Unit 1 : # Rooms: 3
Unit 2
  • Unit 2 : # Units: 1
  • Unit 2 : # Rooms: 3
  • Unit 2 : # Bedrooms: 1
  • Unit 2 : # Bathrooms: 1.00

Property History for 2825 McKinley Road, Unit 7

DateEvent & SourcePriceAppreciation
Oct 23, 2015

Closed

Tennessee Virginia Regional MLS #358612

$95,000
Oct 22, 2015

Contract - Not Showing

Tennessee Virginia Regional MLS #358612

Aug 27, 2015

Price Change

Tennessee Virginia Regional MLS #358612

$109,900
DateEvent & SourcePrice
10/23/2015

Closed

Tennessee Virginia Regional MLS #358612

$95,000
10/22/2015

Contract - Not Showing

Tennessee Virginia Regional MLS #358612

08/27/2015

Price Change

Tennessee Virginia Regional MLS #358612

$109,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2825 McKinley Road, Unit 7

This home is within Johnson City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Woodland Elementary School
PublicPK to 5

Liberty Bell Middle School
Public6 to 8

Science Hill High School
Public9 to 12

Johnson City Virtual Academy
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Southern Dwellings, TRANSFERRED LISTINGS

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 10/02/2023 07:27 PM