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601 Holston Avenue

Bristol, TN 37620
  • $278,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 9962194
$278,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

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 parking Unit A: current rent $650, lease ends Aug 2024 Unit B: current rent $650, lease ends Mar 2024 Unit C: current rent $850, lease ends Feb 2025 This 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.

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© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-04-04T00:00:00.233.
www.house2homesearch.com/homes/147771064
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601 Holston Avenue Bristol, TN 37620

  • Price: $278,000
  • Status: Active
  • On Site: 55 Days
  • MLS #: 9962194
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1920
Built
Neighborhood:
Not In Subdivision
County:
Sullivan
Elementary School:
Anderson
Middle School:
Vance
High School:
Tennessee
Property Description
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 parking Unit A: current rent $650, lease ends Aug 2024 Unit B: current rent $650, lease ends Mar 2024 Unit C: current rent $850, lease ends Feb 2025 This 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.
Exterior Features

Architectural Style Traditional Attached Garage YN No Construction Materials Vinyl Siding Fencing Back Yard Foundation Details Block Parking Features Gravel Patio And Porch Features PorchRear Porch Roof Metal

Interior Features

Appliances DryerElectric RangeRefrigeratorWasher Basement Partial Building Area Total 0 Cooling Ceiling Fan(s)Window Unit(s) Flooring VinylTileHardwood Heating RadiantElectric Heating YN Yes Interior Features Smoke Detector(s) Levels One Window Features Double Pane Windows

Property Features

Construction Site Built Yes Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Cooling YN Yes Documents Available Wire Fraud Listing Terms CashOther New Construction YN No Property Condition Average Property Sub Type Multi-Family Sewer Public Sewer Water Source Public Zoning B3

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Brittany Zhou of eXp Realty VA: 703-665-3362.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-04-04T00:00:00.233.
 
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