$799,000

166-178 Gray Station Road, Johnson City, TN 37615

  • 99,999 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon3.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $8/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Looking for an investment opportunity? Look no further!! OWNER FINANCING AVAILABLE This unique property consists of 2 separate parcels totaling approximate 3.7 acres with ''7'' rental income producing single family homes (all on sewer) and ''2'' additional garages located right off Gray Station Road, which is just minutes from Franklin Woods Medical Center, Boone Lake, and other local restaurants and shopping. All properties are on month to month and annually grossing approximately $73,000 EXPENSES ARE: - Property taxes for 2024 were $3,354.17 - Water is approx. $450 per month All showing require a minimum of 24hr notice to notify tenants. Listing agent can provide photos of ''most'' interior units upon request of pre-approved buyer. This property is being sold AS IS and priced to sell quickly... Contact your Realtor TODAY! OWNER FINANCING OPTION: - 25% down - 6% interest rate - 30-year amortization - 5-year balloon Realtors - Please READ private remarks

Listing Status:
Active
Date Added:
May 2, 2025 at 05:00AM
Listing Office:
Hurd Realty, LLC : 423-491-8335
Listing Agent:
Brian Parlier : 404-931-4874
MLS ID:
9979640
  • A/C: See Remarks
  • Heating: See Remarks

This listing courtesy of Brian Parlier, Hurd Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gray Elementary School

755 Gray Station Rd, Johnson City, TN, 37615

Grades PK-8

1.93 miles away

G

Gray Elementary School

755 Gray Station Rd, Johnson City, TN, 37615

Grades PK-8

1.93 miles away

D

Daniel Boone High School

1440 Suncrest Dr, Johnson City, TN, 37615

Grades 9-12

4.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.