• Year Built: 1920
420 W Maple St is amulti-family property for lease in Johnson City, TN.
Historic home on Maple St, Tree streets in Johnson City, great business opportunity. Large 2800 sq ft house boasts 5 one bedroom apartments, all rented, and producing income for a new owner. Priced currently at a cap rate of of over 10.6%. Net Operating Income is $13,791 per year, using a 5% vacancy rate. Right near ETSU, offered at a terrific rate of return on investment with low risk. All info to be verified by buyer and buyer's agent.
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.