611 North Street, Johnson City, TN 37604
sale
$174,900
|
Other
Courtesy Of Centruy 21 Pro Service
A unique Investment Opportunity in the heart of JC! Own your own Mobile Home park. This is a great income producing opportunity having your own small mobile home park. The park features a total of 6 lots. 5 lots are occupied & 1 lot is Vacant ready for an income producing mobile home. All lots/homes have their own individual electric meters, water/sewer/trash meters & mailboxes. The owners are also responsible for their own lawn mowing. All utilities are underground. This keeps all the utility expenses efficient & separate for each lot. . Lots 7 & 8 (on the right side) are Owned by the Property owner & go with this sale of property. They are Occupied with long term tenants & generate $1,675.00 in monthly rental income. 1996-3/1; 1997-2/1 Lots 1, 2 & 4 (on the left side) are individually owned & pay a Lot Rent of $150.00 each, per month totaling 450.00. Trailer rent & lot rent generate a total monthly income of $2,125.00. And lot 6 being vacant & ready for a trailer to be installed, increasing income potential. 2022 a new paved parking lot & in 2025 was resealed. The lot 7 & lot 8 trailers have been refurbished, new trex decking & new metal underpinning on lot 8. Both are well maintained inside & outside. An excellent opportunity for passive income. Located close to ETSU, JCMC & VAMC. Just off W Market St, in the heart of JC. Buyer & Buyers Agent to verify all information. Contact listing agent for all showings. No Sign & No Lockboxes.
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Property Features
- Age: 41-50 Years Old
- Cooling System: Central Air
- Exterior Type: Aluminum Siding
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Heating System: Central
- MLSID: 9990978
- Parking Spaces: 6
- Roof Type: Metal
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