List Price: $74,900
Bedrooms: 3
Bathrooms: 1.5
Square Feet: 1532
MLS#: 9929643
Lot Size: 1.2 ac

ATTTENTION INVESTORS AND DEVELOPERS! Prime 1.2 Acre site zoned R-4, High Density Residential. This zoning permits the construction of up to 14 residential units per acre. Land is ideally located for multi-family development with public sanitary sewer and public water available at the road. Land cost per unit for the developer would only be $5,350 per residential unit, based on a permit for 14 residential units. Perfect location with East Tennessee State University, Johnson City Medical Center, Mountain Home Veteran’s Hospital and the James H. Quillen Medical School all within a quick and easily accessible distance away. Gorgeous site with an older residence on site which is in poor condition For investors seeking a house in need of restoration, this solid 3 bedroom one story house could be restored, updated and resold for a profit. The restored house would offer a prime 1.2 acre, tree shaded lot in a very desirable Johnson City location. Also, a rare opportunity for smart developers to purchase a prime site for multi-family development in an excellent Johnson City location. All info. taken from Tax Records. Buyer/Buyer’s Agent to verify all.