Water Front
121 N Carter Johnson City, TN
$ 1,100,000
Property Attributes
  • MLS#389877
  • TypeMulti-Family
  • CityJohnson City
  • AreaNW Johnson City
  • Zip37601
  • Style2 Story
  • Year Built1968
  • Taxes7815
  • Price$ 1,100,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.2 Acres
Listing Provided Courtesy Of:
Property Description

East Shore apartments now for Sale, right on Boone Lake. Great opportunity to acquire 25 units with great future earning potential. Portfolio consists of 5 buildings: a 14 unit with 1 four bedroom,3 one bedroom, and 10 two bedrooms. Next is building 2, consisting of 6 two BR, and then two cottages both two bedrooms, and finally a 3 unit with 3 two BR apartments. Currently leased to almost capacity, and a new roof. This has great value-add potential, and can be acquired for much lower than tax appraised value. Inquire regarding NOI. All information subject to Change, and to be verified by buyer or buyer's agent.

Elementary School Middle School High School
Lake Ridge Elementary School Indian Trail Middle School Science Hill High School
Price History
4/6/2017 Listed $1,100,000

General Features

Air Window Unit
Foreclosure Y/n No
MLS Area NW Johnson City
Multifamily Property Type Apt. Complex
Property Type Multi-Family
Section 021L
Style 2 Story
Utilities Expenses 22700
Year Built 1968
Zoning R

Interior Features

Appliances Range-Electric, Refrigerator, Stove
Building 1 Units 14
Building 2 Units 6
Building 3 Units 2
Building 4 Units 3
Flooring Carpet, Laminate
Heating Baseboard
Interior Features Cable Available, Cable Ready, Counters-Laminate, Eat In Kitchen, Smoke Detector(s), Storm Door(s)
Units 25
Walls Drywall, Paneling

Exterior Features

Unit 2 Bedrooms 2
Unit 3 Bedrooms 2
Unit 4 Bedrooms 2
Basement/Foundation Block Wall, Concrete Floor, Crawl Space
Buildings Total 5
Condition Description Average
Exterior Features Dock/Boathouse, Driveway-Asphalt
Exterior Finish Brick
Lot Description Lake Front
Lot Dimensions 4.2
Lot Size Area 4.2
Patio/Deck/Porch Deck, Porch
Roof Architect Shingle
Water and Sewer Sewer-Public, Water-Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 37601

AVG $350K
AVG $1,579
AVG 23
Year Built
AVG 1951
AVG 21

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