705 Lehigh StJohnson City, TN 37604
- Residential income properties
- 0.14 AC
Property Details for 705 Lehigh St
- Year built
- 1925
- Lot size
- 0.14 AC
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- Johnson City
- County
- Washington
- State
- Tennessee
- Latitude
- 36.3151
- Longitude
- -82.3676
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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