Investor opportunity in the heart of Johnson City 154 St. Charles Street is offered at just $129,900 and is currently the second most affordable multi-family property on the market in Johnson City today. This fully occupied multi-family features long term tenants with current rents of $850 and $725 per month, generating steady cash flow from day one. Tenants pay all utilities except water, helping keep owner expenses low. Current annual taxes are approximately $4,700. Based on current rents and taxes, the property offers an approximate 11% cap rate before additional operating expenses. Whether you are looking to expand your portfolio, start investing, or secure a cash-flowing property in a low inventory market, opportunities at this price point are becoming increasingly rare. Affordable investment properties in Johnson City are becoming harder and harder to find. Tenant occupied requires notice to show please.