Residential Income in Johnson City

$174,750

177 Jay, 13790, Johnson City, NY

Residential Income for sale in Johnson City, 177 Jay, 13790, 2182 m²

177 Jay, 13790, Johnson City, NY

$174,750

4Bed
2182
Type: Residential Income

Description

FANTASTIC INVESTMENT OPPORTUNITY IN JOHNSON CITY! This well-maintained top-and-bottom duplex offers an excellent opportunity for investors or an owner-occupant looking to offset their mortgage with rental income. Each unit features a spacious kitchen, 2 bedrooms, and an updated full bath, providing comfortable and functional living space. Both units are currently rented at well below-market rents, offering significant potential for increased cash flow and future upside. Separate gas and electric meters simplify utility management, while each unit is equipped with its own hot water heater and hot water baseboard furnace. With a 5% cap rate at the current list price, this property presents an attractive addition to an investment portfolio or an opportunity to live in one unit while generating income from the other. Convenient Johnson City location close to shopping, dining, schools, and major roadways. A great chance to acquire a versatile two-family property at a value of a price!

Location

177 Jay, 13790, Johnson City, NY

Data

Object TypeResidential Income
Purchase Price$174,750
Living Space2182 m²
Plot SizeN/A
BathroomsN/A
Construction Year1949
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard
Primary Energy SourceN/A
Construction Year1949
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent