201 Roscoe Fitz Road

Johnson City, TN 37615

$6,799,000
Price
68
Beds
34
Baths
33,492 Sq. Ft.
$203 / Sq. Ft.
33,492
Sq. Ft.
$203
per Sq. Ft.

Description

Wanted.... Future billioniare! Fantastic investment opportunity with this newer established, well maintained craftsmen style 34-unit complex totaling 6 buildings. Each unit will greet you with an open floor plan, vaulted ceilings, eat-in kitchen with pantry, custom stained concrete floors, 2 bedrooms, 1 bathroom, attached garage, and private back patio. Property has a current cap rate above 6%, current monthly income of $48,300.00 and room for growth with raisable rents. Yearly expenses are on an...Wanted.... Future billioniare! Fantastic investment opportunity with this newer established, well maintained craftsmen style 34-unit complex totaling 6 buildings. Each unit will greet you with an open floor plan, vaulted ceilings, eat-in kitchen with pantry, custom stained concrete floors, 2 bedrooms, 1 bathroom, attached garage, and private back patio. Property has a current cap rate above 6%, current monthly income of $48,300.00 and room for growth with raisable rents. Yearly expenses are on an average of the last 10 months. Buyer and buyers agent to verify all infomation
  1. Listed by Brian McAmis • Century 21 Legacy - Greeneville

Property Details for 201 Roscoe Fitz Road

Architectural Style
Bungalow
Zoning
Residential

Location

Listing Courtesy of Century 21 Legacy - Greeneville, Brian McAmis (423.747.6833)
Add your commute
LISTING UPDATED: 03/25/2024 11:46 AM

Property Details for 201 Roscoe Fitz Road

StatusActive
MLS #9948247
Days on Market453
Taxes$24,030 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Family / Other
Year Built2018
Lot Size5.47 AC / 238,273 SF
CountyWashington County

Location

Listing Courtesy of Century 21 Legacy - Greeneville, Brian McAmis (423.747.6833)
Add your commute

Virtual Tour

Building Information for 201 Roscoe Fitz Road

Stories1Residences-Year Built2018Building Size-Lot Size5.47 AC / 238,273 SF

Payment Calculator

$39,107 per month

30 year fixed, 7.25% Interest

Principal and Interest

$37,105

Property Taxes

$2,003

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 201 Roscoe Fitz Road

Summary
Location and General Information
  • City: Johnson City
  • County: Washington
  • Directions: GPS Friendly
  • Latitude: 36.40
  • Longitude: -82.49
  • Postal Code: 37615
  • State Or Province: TN
  • General Property Description : Zoning: Residential
Taxes and HOA Information
  • Association/Amenities: Landscaping
  • Parcel Number: 019d C 001.00
  • Location Tax Legal Info : Deed Book: 1093
  • Location Tax Legal Info : Deed Page: 2029
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $24,030.12
School Information
  • High School: Daniel Boone
  • Middle Or Junior School: Ridgeview
  • Elementary School: Ridgeview
Parking
  • Garage Spaces: 1.00
  • Attached Garage: No
Virtual Tour
Property
Lot Information
  • Lot Size Dimensions: Irr
  • Lot Size Square Feet: 238,273.20
  • Lot Features: Level
  • Lot Size Area: 5.47
  • Lot Size Units: Acres
  • Building Area Total: 33,492.00
  • General Property Description : Acres: 5.47
Property and Assessments
  • Property Condition: Above Average
  • Property Type: D
  • Year Built: 2018
  • Property Sub Type: Other
  • Property Type Label: Multi-Family
  • New Construction: No
  • Construction : Site Built: Yes
  • Info Available : Aerial: Yes
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • # Fireplaces: 0
  • Cooling: Heat Pump
  • Interior Features: Open Floorplan, Pantry
  • Bathrooms Total Decimal: .00
  • Flooring: Other, Luxury Vinyl, Concrete
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: One
  • General Property Description : Stories: 1
  • Fireplace: No
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Parking Features: Asphalt, Garage Door Opener, Parking Spaces
  • Patio And Porch Features: Front Patio, Rear Patio
  • Roof: Shingle
  • Heating : Heat Pump: Heat Pump
  • Walls : Drywall: Yes
  • Roof : Shingle: Yes
  • Exterior Finish : Brick: Yes
Multi Family
Multi-Family Information
  • General Property Description : # of Units: 34.00
  • General Property Description : Total Units: 34.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 579600
  • Operating Expense Includes: Electric, Lawn Maint, Repairs and Maint, Waste, Water/Sewer, Other
Unit 1
  • Unit 1 : # Units: 34
  • Unit 1 : # Bathrooms: 34.0
  • Unit 1 : # Bedrooms: 68
  • Unit 1 : # Rooms: 170
  • Unit 1 : SqFt: 33492
  • Unit 1 : Monthly Rent: 48300
Unit 2
  • Unit 2 : # Units: 0
Unit 3
  • Unit 3 : # Units: 0
Unit 4
  • Unit 4 : # Units: 0

Property History for 201 Roscoe Fitz Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 201 Roscoe Fitz Road

Taxable ValueLand$61,080Additions$1,056,600Total$1,117,680
Tax Record2022$24,030 ($2,002 / month)
Home Facts
Total Finished SqFt6,012 SqFtAbove Grade Finished SqFt6,012 SqFtStories1Lot Size238,273 SqFtStyleMulti-Family Res (5+ Units)Year Built2018CountyWASHINGTONAPN090019D C 00100

Schools near 201 Roscoe Fitz Road

This home is within Washington County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Ridgeview Elementary School
PublicPK to 8

Daniel Boone High School
Public9 to 12

Tennessee Virtual Learning Academy
Public9 to 12

University School
PublicK 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.

Similar Homes

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201 Roscoe Fitz Road is for sale in Johnson City, TN 37615. This property was listed for sale on February 14, 2023 by Century 21 Legacy - Greeneville, it's currently listed at $6,799,000. It has been on the market for a total of 453 days and was last sold on March 14, 2022. This listing's school district is Washington County School District. Nearby schools include Ridgeview Elementary School, Daniel Boone High School and Tennessee Virtual Learning Academy. 201 Roscoe Fitz Road is a 68-bed, 34-bath, 33,492 sqft built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Legacy - Greeneville, Brian McAmis (423.747.6833)

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 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 03/25/2024 11:46 AM