Multifamily (Multi-Family)

948 Anderson St, Bristol, TN 37620

Traditional Stories: 2

FOR SALE

Price: $429,900 Price Per ft²: $inf List Date: 2024-05-29 DOM: 58
City Tax: $589 County Tax: $713

Year Built: 1910 pre-1978 Homes

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 0.23 acre(s) Lot Dimensions: 55 x 193 IRR Topography: Level, Sloped

Heating: Natural Gas, Space Heater Cooling: Ceiling Fan(s), Window Unit(s) Water & Sewage: Public

Appliances: Electric Range, Refrigerator

Description

Charming 3-Unit Multi-Family Residence in Prime Bristol Location! Perfect for Living, Renting, or Investment! Conveniently located near Downtown Bristol with easy access to The Pinnacle Bristol, the local Hospital, Bristol Motor Speedway, King University, and Steele Creek Park. Property Overview:Total Bedrooms: 5Total Bathrooms: 3 full bathroomsLaundry: Common area laundry facilitiesUtilities: Natural gas available, each unit separately metered. Unit Details:Unit 1: 2 bedrooms, 1 bathroom, kitchen, and dining area.Unit 2: 1 bedroom, 1 bathroom, kitchen, and living space.Unit 3: 2 bedrooms, 1 bathroom, kitchen, and living space.Key Features:New Roof & Eaves: Recently installed for worry-free living.New Hot Water Heater: Ensures reliable hot water supply.Newer Flooring: Mixture of hardwood and other materials, adding character and charm.Current Leasing Status: All units are fully leased, providing immediate rental income.Versatile Usage Options:Primary Residence: Live in one unit and rent the others for additional income.Investment Property: Ideal for long-term rentals, AirBNB, or VRBO.Flexible Scenarios: Numerous possibilities to fit your lifestyle and financial goals. This property is an excellent opportunity for investors or homeowners looking to capitalize on rental income in a desirable location. With all units currently leased, you can start earning income immediately. Whether you want to expand your rental portfolio, live in one unit while renting the others, or explore short-term rental opportunities, this multi-family residence offers endless possibilities.Don't miss out on this incredible investment opportunity! Schedule your showing today to explore all the potential this property holds. All Information is deemed reliable but should be verified by buyer or buyer's agent.