201 Roscoe Fitz Road Johnson City, TN 37615
Listing Courtesy of: TENNESSEE VIRGINIA / Century 21 Legacy / Brian McAmis
$6,890,000
33,492
SQFT

  201 Roscoe Fitz Road Johnson City, TN 37615

Active (300 Days)

Description

WANTED.... FUTURE BILLIONIARE!!!
Fantastic investment opportunity with this newer established, well maintained craftsmen style 34-unit complex totaling 6 buildings. Each unit will greet you with an open floor plan, vaulted ceilings, eat-in kitchen with pantry, custom stained concrete floors, 2 bedrooms, 1 bathroom, attached garage, and private back patio. Property has a current cap rate above 6%, current monthly income of $48,300.00 and room for growth with raisable rents. Yearly expenses are on an average of the last 10 months.
**Buyer and buyers agent to verify all infomation**

MLS #:
9948247
Lot Size
5.47 acres
Type
Multifamily
Year Built
2018
Style
1 Story, Bungalow
County
Washington County
Bathroom Details
Interior Features
  • Appliances : Microwave
  • Appliances : Electric Range
  • Appliances : Dishwasher
  • Appliances : Refrigerator
  • Interior Features : Pantry
  • Interior Features : Open Floorplan
  • Appliances : Disposal
Lot Information
  • Level
Heating and Cooling
  • Heat Pump
Flooring
  • Other
  • Concrete
  • Luxury Vinyl
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Ridgeview
  • Middle School: Ridgeview
  • High School: Daniel Boone
Garage
  • Garage Door Opener
Parking
  • Asphalt
  • Parking Spaces
Stories
  • 1
Additional Listing Info
  • Buyer Brokerage Commission: 3.0
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 27, 2023
Price Changed
$6,890,000
-1%
-100,000
Sep 21, 2023
Price Changed
$6,990,000
-5%
-405,000
Sep 06, 2023
Price Changed
$7,395,000
-1%
-105,000
May 01, 2023
Price Changed
$7,500,000
-6%
-490,000
Feb 14, 2023
Original Price
$7,990,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Tennessee Virginia Regional MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/9/23 11:24