• Year Built: 1991
186 Dosser Ln is amulti-family property for lease in Johnson City, TN.
This 4-unit apartment building is located convenient to South Johnson City, Elizabethton, East TN State University, and Milligan College. The property is in a quiet residential setting.
The building was constructed in 1991 and has always experienced a strong rental history. Units are 2 Bedroom with 1 Bathroom, with Washer/Dryer hookups. Unit size is 800 SF +/-. The two lower units have recently been completely renovated with new drywall, paint, carpet, and vinyl floor cover. As of 10/7/2015 three of the four units are rented. The only vacant unit is an upper level unit that needs carpet and paint (#2).
Units have historically rented for $400 per month. The owner increased rents to $450 per month, and was able to lease three of the four units within a month of completing renovations. Tenants are responsible for all utilities. Owner is responsible for Carter County taxes which are $1,540 +/- per year, and insurance which is typically $850 per year.