219 Floral Avenue | JOHNSON CITY
$164,000
| 7 Beds (3 Full) | 2,670 Sq. Ft.
Fully rented three-unit investment property generating $2,900 per month, or $34,800 annually, in rental income. Featuring two three-bedroom apartments and one one-bedroom apartment, the property offers separate utilities, eat-in kitchens, and separate living areas. At the current asking price, the estimated cap rate is 11.4% based on current rents and underwritten operating expenses. With all three units occupied, this is an opportunity to add an income-producing property to your portfolio or get started with multifamily investing. GBAR MLS #338199
Directions to property: Floral Ave
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:
Lisberto Calvo Garcia
Listing Agent Phone:
607-725-2246
Listing Agent Email:
lisberto [dot] calvo [at] svn [dot] com (send a message)
Listing Office Name:
INNOVATIVE COMMERCIAL ADVISORS
Listing Office Phone:
607-203-1826 
