15 days on rocket

346 Old Gray Station Rd, Johnson City, TN, 37615

$5,000,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
Year Built2003
HeatingCentral
CoolingCentral Air
MLS #9973123
Lot Size2.44 Acres
StatusActive

About 346 Old Gray Station Rd

40 units total. 6 1 bedroom, no garage. 14 1 bedroom, with garage. 8 2 bedroom, no garage. 12 large 2 bedroom, no garage. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Will provide rent rolls. Seller has a total of 4 apartment complexes for sale.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 2003

Listing Office:

  • Office Name: The Brokers Realty & Auction
  • Office Phone: (423) 631-0355
  • Listing Agent: Jonathan Forester

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 2.44 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-26 take exit 13 toward Gray onto TN-75. Turn right onto Old Gray Station Rd, property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
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Housing Market Comparison

See how this home compares to others in Johnson City, TN.

Med. Sold Price

$302.3K

Med. Price/SqFt

$178

Avg. Days On Market

63

# of Sold Homes

102

346 Old Gray Station Rd vs Johnson City

15 DAYS ON ROCKET

-48 Days

$5,000,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price in Johnson City, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9973123

Listing Office:

  • Office Name: The Brokers Realty & Auction
  • Office Phone: (423) 631-0355
  • Listing Agent: Jonathan Forester

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-191578
9
/10
  • Miller Perry Elementary School

  • 904 Fordtown Rd

  • 4.07 miles

  • Public District Grades KG-5

school-card-donut-191579
8
/10
  • Lake Ridge Elementary School

  • 1001 Lake Ridge Sq

  • 4.49 miles

  • Public District Grades KG-4

school-card-donut-191580
8
/10
  • Towne Acres Elementary School

  • 2310 Larkspur Dr

  • 6.12 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,546. Most Johnson City, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Johnson City, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Johnson City, TN?

Johnson City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. The architectural styles vary, with a notable presence of traditional and craftsman designs. A significant portion of the homes were constructed during a development boom from the late 20th century to the early 2000s. The homeownership rate in Johnson City is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

Is Johnson City, TN a good place to live?

Johnson City prides itself on a community-oriented atmosphere, with a blend of urban and suburban elements that contribute to its unique character. The city is celebrated for its annual festivals and events that highlight the local culture and foster a sense of togetherness among residents. The presence of parks and recreational areas adds to the city's charm, providing spaces for leisure and community engagement.

Are things conveniently located in Johnson City, TN?

The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare facilities in Johnson City are equipped to offer a range of services, from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options reflect the local culture, with an assortment of establishments that cater to a variety of tastes and preferences.

What does the transportation in Johnson City, TN look like?

Transportation in Johnson City includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods being more pedestrian-friendly than others. Bike paths and lanes are also present, promoting cycling as a viable mode of transport. Ride-sharing services are operational in the city, offering additional transportation choices for residents and visitors.
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Rocket HomesTennesseeWashington CountyJohnson City37615346 Old Gray Station Rd

This home is located at 346 Old Gray Station Rd in Johnson City, TN and zip code 37615. This home, which was built in 2003, sits on a 2.44 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $5,000,000.

Over 9 listings were sold over their listed price in October 2024 in Johnson City, TN. In the same period over 65 listings were sold below the listed price and 28 listings were sold for the listed price. Between September 2024 and October 2024, Johnson City, TN real estate market has seen increase in the number of listings by 4.1%. In October 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $302,352.

From Rocket Homes Real Estate and based on county public records data.

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