⚡ 601 Holston Avenue, Bristol, Tennessee 37620

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Sales Price: $269,000
Traditional


Cash-flowing triplex in the heart of Bristol! Take advantage of this opportunity to invest in a renovated, well maintained property moments away from everything in Bristol. *Upstairs units A and B were renovated from the studs, including all new wiring within the last 2 years*Downstairs Unit C updated Summer 2023*Metal roof and replacement windows installed within the last 2 years*Brand new laundry room built on bottom level Spring 2023*New gravel parking area for off street parkingUnit A: current rent $650, lease ends Aug 2024Unit B: current rent $650, lease ends Mar 2024Unit C: current rent $850, lease ends Feb 2025This property is steps from Volunteer Pkwy, walking distance to Downtown Bristol, 2 miles to Bristol Casino, and 5 miles from Bristol hospital. Though it has been used as a long term rental, it could be used as mid-term or converted into short term rentals. Zoning is residential/commercial B3, allowing for multiple uses. Estimated DSCR% 1.26-1.43 based on all units renting at market rent. All information herein is deemed reliable but subject to buyer verification. Seller/Agent.

Lot Dimensions: 36 X 140

Community: Sullivan County, , Subdivision, Zoned B3

Schools: Anderson Elementary, Vance Middle, Tennessee High

Interior Features:
Flooring: Hardwood, Tile, Vinyl Basement & Foundation: PartialOther Features: Smoke Detector(s)

Exterior Features:
Porch, Patio, Decking Detail: Porch, Rear Porch Roof: Metal Exterior Finish: Vinyl Siding

Apple Realty & Auction
1699 Blountville Blvd, Ste B, Blountville, TN 37620