515 W Magnolia Ave Johnson City, TN 37604

For Sale

Price: $180K

ARV:300K

Bedrooms - 4

Bathrooms - 2

SQFT - ~2048 + 1048 unfinished basement

Home Type-Site Built Home

Heating/Cooling Type-Needs HVAC/Heat Pump

Age Of Roof-Needs 1-3 Years Old


Here’s the details 👇👇👇

Address: 515 W Magnolia Ave Johnson City, TN 37604

PRICE: $180K

ARV: $300K

House details!

Bedrooms: 4

Bathrooms: 2

SQFT: ~2048 + 1048 unfinished basement

Home Type: Site Built Home

Age of Roof: 1-3 Years Old

Other Repair Notes & Description (See Below):

This is a duplex, with 2 beds 1 bath for each unit, and a basement, all 3 spaces are 1024 sq ft each.

Private exterior access for unit 2, upstairs.

In 2015, 2 concrete block walls were put in the basement for extra foundational support, front side and left side of the house. They did a great job.

You can use the basement to build storage for both units & charge extra rents. 

One of the water heaters is newer than the other. 

Electrical boxes were both updated in 2018.

Unit 1, which is downstairs, needs everything and needs to be gutted. It needs new paint, flooring, bathroom, etc.

Unit 2, which is upstairs needs only cosmetic updates. 

The kitchen is in good shape, and the bathroom is in good shape.

Unit 2 just needs new floor, paint & light fixtures. It’s fairly clean and tenant hasn’t damaged it in major ways. 

Needs HVAC, plenty of room to put both units. 

**Disclaimer**

All information above is derived from seller of the home telling us these things. Ages of items should be seen and treated as generalizations, not exact dates or times. We have not hired a licensed home inspector or general contractor to verify the items above. Buyer to do all due diligence and verify everything in email above before entering into legally binding agreement.

We are not licensed real estate agents, but rather we are real estate investors with equitable interest in this subject property. Any and all inquiries, questions, and offers should come through Favor Home Solutions directly as we are the party that holds a contract to purchase and/or assign this property.

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