Sales Price: $425,000
Victorian Stories: 2
- Year Built: 1903
- City Tax: $2,100
- County Tax: $1,836
- Lot Size: 0.33 acre(s)
- Total Area: 0 ft²
- Heating: Electric, Heat Pump
- Cooling: Heat Pump
- Water / Sewage: Public
- Topography: Cleared, Level
INVESTORS - THIS ONE IS FOR YOU! If you already have a portfolio, consider adding this fully rented one to your list. If you are just starting out, this would be a prime property with the interiors already updated. This 4-unit residential building in Bristol, TN, is a turnkey investment property currently generating income with stable tenants. Situated on a corner lot, the property is minutes from regional anchors like the Hard Rock Casino, which has significantly impacted local real estate demand and large employers like Bristol Regional Medical Center and the Pinnacle Shopping Center.Property OverviewUnits: Four total spacious units, consisting of:oOne 2-bedroom / 1-bathroom unitoThree 1-bedroom / 1-bathroom unitsAmenities: Each spacious unit includes a kitchen, living room, bedroom/s, bath and dedicated laundry.Utilities: Separately metered for each unit, simplifying expense management for the owner.Parking & Storage: Features both on-street and off-street parking, plus a large 1,632 sq. ft. garage that can be utilized for storage or rented separately for additional incomeStrategic Location: Proximity to major attractions such as the Birthplace of Country Music Museum, Bristol Motor Speedway, The Pinnacle Shopping Center, and King University ensures a steady pool of potential tenants.Market Trends: Regional multifamily activity remains high, driven by the Bristol regional growth and professional developments like the ongoing expansion of the Hard Rock Hotel and Casino.Nearby HighlightsEntertainment: Paramount and Bristol Theatres, Hard Rock Casino. Seasonal Concerts including Bristol Rhythm and Roots Reunion and Special Events at Bristol Motor Speedway.Recreation: South Holston Lake and River (premier trout fishing). NASCAR events and NHRA Dragway Events.Convenience: Nearby hospitals, restaurants, and grocery shopping. Walkable neighborhood.
Lot Dimensions: 100X150
Expenses Include: Property Management, Water/Sewer
Community: Sullivan County, , Subdivision, Zoned RE
Schools: Anderson Elementary, Tennessee Middle Middle, Tennessee High
Interior Features:
Other Rooms: Apartment Flooring: Hardwood, Laminate Basement & Foundation: Dirt Floor, Block, Exterior Entry, Concrete, Unfinished, FullOther Features: Kitchen/Dining Combo
Exterior Features:
Porch, Patio, Decking Detail: Covered, Front Porch Roof: Shingle Exterior Finish: Wood Siding Garage: 1