Residential Land for Sale in Johnson City, Tennessee
166-178 Gray Station Rd, Johnson City, TN 37615
Looking for an investment opportunity? Look no further!! OWNER FINANCING AVAILABLE This unique property consists of 2 separate parcels totaling approximate 3.7 acres with ''7'' rental income producing single family homes (all on sewer) and ''2'' additional garages located right off Gray Station Road, which is just minutes from Franklin Woods Medical Center, Boone Lake, and other local restaurants and shopping. All properties are on month to month and annually grossing approximately $73,000 EXPENSES ARE: - Property taxes for 2024 were $3,354.17 - Water is approx. $450 per month All showing require a minimum of 24hr notice to notify tenants. Listing agent can provide photos of ''most'' interior units upon request of pre-approved buyer. This property is being sold AS IS and priced to sell quickly... Contact your Realtor TODAY! OWNER FINANCING OPTION: - 25% down - 6% interest rate - 30-year amortization - 5-year balloon Realtors - Please READ private remarks
Location
- Street address
- 166-178 Gray Station Rd
- County
- Washington County
- Elevation
- 1,444 feet
Directions
From 6547 Kingsport Hwy, Johnson City, TN 37615 Head northwest on Kingsport Hwy / TN-36 toward Ben Jenkins Rd Turn left onto Gray Station Rd Turn left to stay on Gray Station Rd Keep right to stay on Gray Station Rd Arrive at Gray Station Rd on the right
Property details
- Acreage
- 3.7 acres
- Zoning
- R
- MLS #
- TVARMLS 9979640
- Posted
Property taxes
- Recent
- $3,354
Parcels
- 005j F 003.00
Details and features
Listing
- Type
- Residential
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 15, 2025 | Under contract | $799,000 | — | TVARMLS |
| May 2, 2025 | New listing | $799,000 | — | TVARMLS |