Investment Property for Sale at 154 Saint Charles Street in Johnson City, New York for $129,900

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154 Saint Charles Street | JOHNSON CITY

$129,900 | 3 Beds (2 Full) | 2,026 Sq. Ft.

Investor opportunity in the heart of Johnson City 154 St. Charles Street is offered at just $129,900 and is currently the second most affordable multi-family property on the market in Johnson City today. This fully occupied multi-family features long term tenants with current rents of $850 and $725 per month, generating steady cash flow from day one. Tenants pay all utilities except water, helping keep owner expenses low. Current annual taxes are approximately $4,700. Based on current rents and taxes, the property offers an approximate 11% cap rate before additional operating expenses. Whether you are looking to expand your portfolio, start investing, or secure a cash-flowing property in a low inventory market, opportunities at this price point are becoming increasingly rare. Affordable investment properties in Johnson City are becoming harder and harder to find. Tenant occupied requires notice to show please. GBAR MLS #335901

Directions to property: Grand Avenue to Saint Charles Street

Contact Information

To inquire about this property, please contact your REALTOR® directly if you are already working with one, or use the contact information provided below to contact the listing agent or brokerage directly. GBAR staff is unable to provide real estate listing information. Please contact one of our REALTOR® members if you need more information about this or any other listing.
Listing Agent Name: 
Jessica A Akshar
Listing Agent Phone: 
607-744-7818
Listing Agent Email: 
jaf8495 [at] gmail [dot] com (send a message)
Listing Office Name: 
HOWARD HANNA
Listing Office Phone: 
607-754-2600