A U C T I O N
Saturday, September 28th @ 11:00 a.m.
The Power Of Attorney for the Living Estate of Nora Francis has ordered this property to be sold at auction to provide funds for the continuing care of Mrs. Francis.
412 E. Watauga Ave. Johnson City, TN 37601
LOCATION! LOCATION! LOCATION!
This property is located on highly desirable East Watauga Ave.,
also known as Rt. 400. It has a high traffic flow (5,000+ vehicles per day) and provides quick access to and from I-26.
Zoned RO-1, High Density Residential – Professional Office District
RO-1 zoning provides for a large variety of uses.
Note: A Copy of the Zoning Code is available for viewing/printing in the “Documents” section of this AD.
Please check with the Johnson City Zoning Dept. to confirm that your desired use is permitted.
As an example of great uses for the property, this property is ideal for the professional who wants to locate their office on E Watauga and have the benefit of rental income from the 3 rental units on the upper level.
The subject structure is currently configured for 4-5 rental units, and could easily be reconfigured to meet a new owner’s desired alternate use.
The 3 upper level units consist of 2 one-BR units and an efficiency.
The main level can be rented as 2 one-BR units or one unit, if desired.
The 3 second floor units have been vacated in the process of readying the property to be sold.
Note: The first floor is currently occupied by a family member. Please DO NOT Disturb!
All 5 units have a full bath and kitchen or kitchenette.
Disclaimer: Information below is taken from 3rd party sources (example: tax card) and is not represented or guaranteed to be accurate by the Seller or the Auctioneer/Broker.
If dimensions are important to you, please personally measure at your inspection of the property.
Inspections can be scheduled by contacting the Auctioneer/Broker, David L Cole, by texting or calling 423-956-3151.
The structure was built in 1920.
Total square footage of finished living area: 3,258
Main level 1,847
Upper level 1,411
Lot size: 50′ x 150′
Current tax Appraisal: $233,500
City Taxes: $1,556
County Taxes: $1,959
Metal Roof (modern, steel)
Steam Heat (radiators)
A/C Window Units
Hardwood under carpet in living areas (does not include enclosed porches)
Historic features of this nearly 100 year old home include its oak staircase, millwork, and pocket and french doors. This house, as the old saying goes, “has good bones”.
On-premise parking (behind house, via alley)
Basement access is ground level at back of house.