For Sale
$650,000

416 Old Watauga RdWatauga, TN 37694

Four-unit townhouse, mountain views

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity in Watauga, Tennessee. This four-unit apartment building, built in 1990, boasts 4,032 square feet on a spacious 1.3-acre lot (APN: 033 165 00). Each unit offers two bedrooms and one and a half bathrooms, featuring amenities such as bonus sinks in bedrooms, extra storage in master bedrooms, large closets, and eat-in kitchens. Residents enjoy private back patios and stunning mountain views. The property is zoned for commercial use, presenting potential for expansion with additional units, a pool, or recreational areas. Conveniently located just five minutes from Elizabethton and fifteen minutes from Johnson City, this property offers premium rental income with tenant-paid utilities and low-maintenance construction. The asking price is $650,000. This is a rare chance to acquire a well-maintained multifamily property in a desirable location.

Highlights

  • $650,000 asking price.
  • Four-unit apartment building.
  • 4,032 square feet.
  • Built in 1990.
  • 1.3-acre lot.
  • Located at 416 Old Watauga Rd, Watauga, TN 37694.

Property Details for 416 Old Watauga Rd

Property type
Apartment buildings
Square Feet
4,032 SF
Year Built
1990
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Watauga
County
Carter
State
Tennessee
Latitude
36.3691145
Longitude
-82.2527415
416 Old Watauga Rd, Watauga, Tennessee

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416 Old Watauga Rd
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