Multifamily
(Multi Family)
311 12th St, Bristol, TN 37620
Colonial, Historic
Stories: 2
FOR SALE
Price: $599,900
Price Per ft²: $inf
List Date: 2026-03-09
DOM:
0
City Tax: $1,486 County Tax: $1,299Expenses Include: Supplies, Water/Sewer, Waste, Taxes Real Estate, See Remarks, Lawn MaintUtilities Expenses: $
City Tax: $1,486 County Tax: $1,299Expenses Include: Supplies, Water/Sewer, Waste, Taxes Real Estate, See Remarks, Lawn MaintUtilities Expenses: $
Year Built: 1930 pre-1978 Homes
Total Area: 0 ft² (Finished & Unfinished)
Heating: Baseboard, Electric Cooling: Window Unit(s) Water & Sewage: Public
Appliances: Electric Range, Refrigerator
Description
Who's your Cashcow??? This is it!!! This property is in the heart of Bristol TN with all kinds of Potential! Current owner has 4 units on long term rental at $1,295 a month for each. Each renter pays their own electric bills. The owner landlord pays $100 a month for sewer, trash, and water. $62,160 Gross;$58k net =right at 10% Cap ROI. Live on one level and rent out the other level and have your payment paid! This property is approved for a Bed and Breakfast with a www.com name website to go with it if the new owners want to go that route. This property is also approved for transitional housing at $1,000 a month for each room. The stone in this beauty is the same that was used in the Brooklyn Bridge in New York City! This is a historic home with new windows, new roof, new upgrades in the plumbing and electric. There is also the potential of an extra lot to build another multi unit complex on the corner of Windsor and 12th St. So the possibilities are endless! Please contact listing agent for all viewings! Buyers and buyer agents please verify all information taken from third party sources.
Community Information
- Geographical
- County: Sullivan
- Subdivision:
- Zoning: Com
- School System
- Anderson Elementary
- Vance Middle
- Tennessee High
Interior
Other Rooms: In Law Suite, 2nd Kitchen Rooms with Fireplaces: Ornamental Flooring: Hardwood Basement & Foundation: Walk-Out Access, Exterior Entry Other Features: Remodeled, Walk-In Closet(s), Restored
Exterior
Porch, Patio, Decking Detail: Covered, Front Porch, Side Porch, Deck Roof: Composition, Shingle Exterior Finish: Vinyl Siding, Stone Other Exterior: See Remarks
Photos
Listing by
Kw Bristol