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809 Ridgecrest Road

Johnson City TN 37604

2824 sq. ft.
20908.8 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

A duplex PLUS a detached cottage, all on nearly half an acre near ETSU! This income-producing property offers three separate living spaces with plenty of flexibility for investors, student rentals, or someone looking to live in one space while renting the others. The duplex features two 2-bedroom, 1-bath units currently rented by the bedroom. The newly completed detached 1-bedroom, 1-bath cottage includes updated flooring, appliances, and HVAC. Each living space has separate heating/cooling and electrical metering. With approximately $4,000/month in potential gross rental income based on estimated market rents, this property offers an opportunity to expand or start an investment portfolio. Conveniently located near ETSU, downtown Johnson City, shopping, and medical facilities. Three living spaces, 2,824 square feet, and a new price of $475,000!

Features

2824 sq. ft. floor area
20908.8 sq. ft. lot size
Multi-Family

Property history for 809 Ridgecrest Road

2024
Sold
$295,000
20 Feb 2024 by BRITTANY REED, of The Addington Agency Bristol
2021
Sold
$212,000
30 Nov 2021 by Laura Meade, of Bridge Pointe Real Estate

Happy sellers in Johnson City

94%
94% of sellers in Johnson City reported that their sale price either exceeded or met their price expectations.

Johnson City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Johnson City over the last 12 months.

Local market activity for multi families in Johnson City

In the last 12 months, 4 multi families similar to 809 Ridgecrest Road, have been sold.

This represents a 34% increase in multi families sales when compared to the previous 12 months.

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