For Sale
$260,000

705 Lehigh St Johnson City, TN 37604

Renovated Duplex near ETSU

Overview

Added:
Dec 11, 2024
Days on market:
136
This Johnson City, Tennessee duplex presents a compelling investment opportunity. Located near East Tennessee State University, the VA, and downtown, this 1,154 square foot property boasts two 1-bedroom, 1-bathroom units, each with laundry hookups. Recently renovated, the property features a new roof, flooring, joists, and plumbing. The left unit showcases a fully remodeled kitchen and bathroom with modern finishes, while the right unit boasts new flooring, an updated bathroom, and a newly added laundry area. Both units are equipped with efficient new mini-split HVAC systems. Separate water lines ensure tenant-paid utilities. Currently generating $1,650 in monthly rent ($800 and $850 respectively), this Class B duplex sits on a 0.14-acre lot and is zoned for multi-family use. Built in 1925, this property is ideal for first-time investors or seasoned portfolio builders seeking a strong return. The property's proximity to ETSU, the VA, and the Roan Street business district ensures high occupancy potential. All information should be independently verified by the buyer.

Highlights

  • $260,000 asking price for a duplex in Johnson City, TN.
  • Two 1-bedroom, 1-bathroom units, each approximately 577 sq ft.
  • Located near ETSU, the VA, and downtown Johnson City.
  • Recently renovated with new roof, flooring, plumbing, and HVAC systems.
  • Currently generating $1,650 in monthly rent.

Property Details for 705 Lehigh St

Property type
Small apartment buildings
Class
B
Year Built
1925
Lot Size (sq. ft)
6,098 SF
Units
2

Location Insight

City
Johnson City
County
Washington
State
Tennessee
Latitude
36.3150764
Longitude
-82.3675628

FAQs

What type of property is this?
Small apartment building - Renovated Duplex near ETSU
Where is the small apartment building located?
The property is located at 705 Lehigh St Johnson City, TN.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: $260,000 asking price for a duplex in Johnson City, TN.; Two 1-bedroom, 1-bathroom units, each approximately 577 sq ft.; Located near ETSU, the VA, and downtown Johnson City.
How can I contact the broker?
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705 Lehigh St
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