177 Jay Street | JOHNSON CITY
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! GBAR MLS #337385
Directions to property: Harry L. Drive to Jay St. house on left with sign in yard.
