150 Barker Road, Gray, TN 37615

$540,000 Asking Price

2 beds
1 bath
1,064  sqft
Built in 1965

LOCATION, LOCATION, LOCATION!! Listed for almost $40,000 below the current tax assessment. This property is very unique and has so much potential. It's located just outside of the city limits, in the heart of Gray/Boones Creek area, just off of N. Roan St., in Johnson City, just minutes away from Boone Lake, I26, Tri-Cities airport, poplar restaurants and businesses, new subdivision developments, and more. It has a small 2BR, 1 bath house that is being sold AS-IS where is, and the seller will not agree to pay for any repairs. The house needs to be completed renovated on the inside and, therefore, the seller doesn't want the house shown unless it's serious buyers. However, the house has a metal roof that's only around 2 years old, a deck w/ramp about 3 years old, and a heat pump about 7 years old. There's a cell tower located on the back top of the property, which lease/sublease for it generates a monthly rent/income (the terms of which are being researched). Just beyond the cell tower and overhead power lines, you have about 14 acres of land, wooded, slightly sloping until you reach a small creek (Reedy Creek), and about 2 acres of mowed flat land with wildlife for the hunting enthusiast. So, whether you're looking for property to build your dream home that's also income producing, an investor or a developer, any of which may want to tear down the existing home and build a new one, or renovate the current one, or develop the property, this property has the potential for all (buyer must obtain all applicable/necessary permits, soil tests, etc.). Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

Features & Amenities

Interior

A/C:
true, Heat Pump
Heating:
true, Heat Pump

Exterior

Style:
Other
Parking:
Driveway

Construction

Roofing:
Metal
General:
Aluminum Siding, One

Location

Originating MLS:
Tennessee/Virginia Regional MLS
County:
Washington

Lot

Zoning:
see notes, 021 006.00 & 006.00 Si 001
View:
Creek/Stream

Utilities

Water:
Public
Sewer:
Private Sewer,Septic Tank

Financial

Source:
Tennessee/Virginia Regional MLS

This listing courtesy of:
REMAX Rising JC, Elsie Lonon

About Johnson City, TN

Housing

Number of Units
48,041
Median Home Value
$181,300
Median Rent
$652

44.23% of housing units are renter occupied.

8.57% are vacant.

Commute

Car
79.39%
Public Transportation
0.50%
Walk to Work
1.77%
Work from Home
17.06%
Other
1.17%

The median travel time to work is 17 minutes.

People

Population
99,263
Median Age
40.00
Median Household Size
2.39

Education

High School
26.75%
Associate’s Degree
7.18%
Bachelor’s Degree
19.94%
Graduate Degree
14.50%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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