• 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.