Multifamily (Multi Family)

503 Georgia Ave, Bristol, TN 37620

Historic, Townhouse, See Remarks Stories: 2

FOR SALE

Price: $350,000 Price Per ft²: $inf List Date: 2026-05-31 DOM: 1
City Tax: $1,900 County Tax: $1,661

Year Built: 1947 pre-1978 Homes

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 0.32 acre(s) Lot Dimensions: 158.4 X 204M IRR Topography: Cleared

Heating: Baseboard Cooling: Ceiling Fan(s), Window Unit(s) Water & Sewage: Public

Appliances: Range, Refrigerator

Description

-IMMEDIATE INCOME PRODUCING!-CONVENIENT LOCATION! -OWNER OCCUPY OR INVESTOR OPPORTUNITY! This beautiful two-story brick Triplex is located in Fairmount Historic District and is just minutes from Fairmount Elementary School, Vance Middle School, Tennessee High School, King College, Bristol Medical Center, Hardrock Casino, downtown Bristol, and other shops and restaurants.Current Gross annual income $37,200.00. — UNIT #1 — - Rent at: $1100 (possibly increasing to $1300 in September) / leased through September 2027- 3-Bedroom- 1.5 Bathroom — UNIT 2— - Rent at: $800 / month to month - 2 Bedroom- 1.5 Bathroom—UNIT 3—- Rent at: $1,200 / leased through April 2027- 3-Bedroom- 1 BathroomOther notable features included but not limited to: - Brick detached three car garage.- All units come w/all kitchen appliances, and window AC units. OVERHEAD/ EXPENSES: - Individual units are responsible for all of their own utilities. - Annual property insurance is approx. $2,269.- Property taxes for 2025 were $3,560.25 - 2025 Handyman charges: $6,951- Mowing is $70 every 2-3 weeks.Supra box located on the back door of unit 1.Allow for 24 hr. lead time for showings. Aerial photo boundary lines are approximates only. Sq footage and other listing details pulled from 3rd party All information herein deemed reliable but not guaranteed. Buyer/ Buyers agent to verify all information and schedule showings thru Showing Time or call listing agent. Agents must ensure all buyers are pre-approved prior to scheduling showing.