506 6th St
Bristol, TN 37620
FOR SALE – An offer has been accepted, BUT there are contigencies.
Price Per ft²:
$1,252 County Tax:
All Utilities, Electric, Gas, Lawn Maint, Property Insurance, Property Management, Repairs and Maint, Taxes
Total Area: 0 ft² (Finished & Unfinished)
Lot Size: 0.00 acre(s) Lot Dimensions: 59X113X58X113
Heating: CHW System, Natural Gas Cooling: Window Unit(s) Water & Sewage: Public
Appliances: Range, Refrigerator, See Remarks
Bring your investors. Income producing multi family building in the heart of Bristol. Walking distance to town center, on bus route and opposite YMCA. Building made up of 6 x 1 bedroom, 1 bathroom updated apartments at 100% occupancy with long term tenants.New windows installed in 2022. Currently operating at 7% cap rate. Take advantage of low rental inventory and high demand.Commercial Bank appraisal has been completed. Full financials available with signed NDA.parcel id 021HA027.00 is included which sits to the rear of this property see tax record 6 Total units 2-6 rent for $700/month unit 1= $750 for. annual rent of 59,400. Owner pays for ATMOS gas, Electric water sewer and trash. Total square footage for the building is 3586. To see the layout see floor plan uploaded on the MLSThis building can be purchased together with adjacent vacant land and building at 518 6th st(see separate listing) to create a 14 apartment complex with land to extend.
Rooms with Fireplaces: Ornamental
Flooring: Laminate, Tile, Vinyl Basement & Foundation: Dirt Floor
Other Features: Remodeled
Porch, Patio, Decking Detail: Front Patio, Front Porch Roof: Metal Exterior Finish: Brick