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705 Lehigh St, Johnson City, TN, 37604

$260,000

Home List Price

$3,088*

Closing Credit

0 Baths
Multi

Location

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705 Lehigh St, Johnson City$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1925
HeatingOther
CoolingOther
MLS #9973664
Lot Size0.14 Acres
StatusActive

About 705 Lehigh St

Discover a promising duplex investment property ideally located near East Tennessee State University (ETSU), the VA, downtown, and Roan Street's business district. This 1,154 sq ft property features two 1-bedroom, 1-bath apartments, each with laundry hookups, and has undergone extensive renovations. Key improvements include: New roof, flooring, joists, and plumbing - Upgraded interiors Left unit: fully remodeled with a new kitchen, bath, and modern finishes. Right unit: new flooring, updated bath, and added laundry area. New mini-split HVAC systems in both units for efficient heating and cooling. Separate water lines to each unit with tenant-paid utilities. Currently generating $1,650 in monthly rent ($800 for one unit, $850 for the other), this property is an excellent choice for a first-time rental investment or a valuable addition to your growing real estate portfolio. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1925

Listing Office:

  • Office Name: LPT Realty - Griffin Home Group
  • Office Phone: (423) 482-0743
  • Listing Agent: Jim Griffin, Christopher Abla

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From Market Street, head to Hillcrest and then turn right onto Lehigh.

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000

Tax Information:

  • Annual Amount: $823
  • Tax Year: 2020
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Housing Market Comparison

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

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Johnson City, TN

City

Med. Sold Price

$302.3K

Med. Price/SqFt

$178

Avg. Days On Market

63

# of Sold Homes

102

705 Lehigh St vs Johnson City

1 DAY ON ROCKET

-62 Days

$260,000

-$42.3K Less

KEY TAKEAWAY

This property is $42.3K less 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: #9973664

Listing Office:

  • Office Name: LPT Realty - Griffin Home Group
  • Office Phone: (423) 482-0743
  • Listing Agent: Jim Griffin, Christopher Abla

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

Listing History

Mar 21, 2017Home Sold
$48,000
Apr 05, 2010Home Sold
$43,750
Jun 27, 1997Home Sold
$23,000

Tax History

YEARPROP. TAXASSESSMENT
2020$823$22,440
2019$866$22,440
2018$823$19,280
2017$820$19,280

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-163163
5
/10

  • North Side Elementary School

  • 1000 N Roan St

  • 0.78 miles

  • Public District Grades PK-4

school-card-donut-163164
7
/10

  • South Side Elementary School

  • 1011 Southwest Ave

  • 0.85 miles

  • Public District Grades PK-4

school-card-donut-163165
10
/10

  • Fairmont Elementary School

  • 1405 Lester Harris Rd

  • 1.69 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,608. The most common annual income of people living in Johnson City, TN is less than $35k. Most families are single, no kids. Residents of this area typically 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 are the common housing types 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.

What are the advantages of living in Johnson City, TN?

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 essential services in Johnson City, TN convenient?

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.

How do Johnson City, TN residents get around?

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.

Rocket Homes›Tennessee›Washington County›Johnson City›37604›705 Lehigh St

This home is located at 705 Lehigh St in Johnson City, TN and zip code 37604. This home, which was built in 1925, sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $260,000.

In October 2024 more than 9 listings in Johnson City, TN were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 65 were sold below. The inventory of homes for sale in Johnson City, TN between September 2024 and October 2024 increased by 4.1%. In October 2024 median list price was $302,352 and the average listing age was 63 days.

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

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