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For sale
  • $799,000

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

    --beds
    0baths
    --sqft
    : 
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    57 days
    on Zillow
    |
    234
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 05:50pm

    Listed by:

    Brian Parlier 404-931-4874,

    Hurd Realty, LLC 423-491-8335,

    Melody Hughes 423-948-5888,

    Hurd Realty, LLC

    Source: TVRMLS,MLS#: 9979565
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 166-178 Gray Station Rd.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • See Remarks
    Cooling
    • See Remarks
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Windows: Other
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: See Remarks
    • Has garage: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: See Remarks
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 3.7 Acres
    • Dimensions: 150642 sq ft
    • Topography: Level
    Details
    • Additional structures: Garage(s), Storage, Workshop
    • Parcel number: 005j F 003.00
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Other, See Remarks
    • Foundation: See Remarks
    • Roof: See Remarks
    Condition
    • Average,Fixer
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not In Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Johnson City

    Financial & listing details

    • Date on market: 5/1/2025
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