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Blue Ridge Properties Listing
601 Holston Avenue, Bristol, TN 37620 (MLS #9962194)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi-Family
Sub Type: Multi-Family
MLS Number: 9962194
Lot Acreage: 0.00000
Living Area: 0
Year Built:1920
Elementary School: Anderson
Middle School: Vance
High School: Tennessee
Public Remarks: 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.
Listing Courtesy:eXp Realty VA
More Listing Info:
AC:Ceiling Fan(s): true
AC:Window Unit(s): true
Appliances:Dryer: true
Appliances:Electric Range: true
Appliances:Refrigerator: true
Appliances:Washer: true
Basement:Partial: true
Construction:Site Built2: true
Contract Info:Foreclosure: No
Easements:None12: true
Exterior Finish:Vinyl Siding: true
Fencing:Back Yard: true
Flooring:Hardwood: true
Flooring:Tile2: true
Flooring:Vinyl: true
Foundation:Block6: true
General Property Description:# Buildings: 1
General Property Description:# of Units: 3.0
General Property Description:Acres: 0.0
General Property Description:Elementary School3: Anderson
General Property Description:High School3: Tennessee
General Property Description:HOA YN: No
General Property Description:Lot Dimensions: 36 X 140
General Property Description:Middle School2: Vance
General Property Description:Total Units: 3
General Property Description:Zoning2: B3
Heating:Electric: true
Heating:Radiant: true
Info Available:Leases2: true
Interior Features:Smoke Detector(s): true
Levels:One: true
Location Tax Legal Info:City Taxes: 739.7
Location Tax Legal Info:County Taxes: 896.07
Location Tax Legal Info:Deed Book #: 3527
Location Tax Legal Info:Deed Page #: 1679
Parking Features:Gravel: true
PorchPatioDeck:Porch: true
PorchPatioDeck:Rear Porch: true
Property Condition:Average: true
Remarks Misc:Directions3: Take I81 Exit 3 onto Commonwealth and keep straight onto Volunteer Pkwy. Turn right onto Windsor Ave, left onto Ninth St, left onto Wilson Ave. 601 Holston is on the corner of Wilson Ave and Holston Ave.
Remarks Misc:Public Remarks2: 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.
Roof:Metal3: true
Sewer:Public Sewer: true
Showing Instructions:24 Hour Notice: true
Style:Traditional: true
TopographyLot Description:Level2: true
TopographyLot Description:Sloped: true
Unit 1:# Bathrooms5: 1.0
Unit 1:# Bedrooms3: 1
Unit 1:# Rooms4: 4
Unit 1:Monthly Rent: 650
Unit 2:# Bathrooms4: 1.0
Unit 2:# Bedrooms4: 1
Unit 2:# Rooms3: 4
Unit 2:Monthly Rent2: 650
Unit 3:# Bathrooms3: 1.0
Unit 3:# Bedrooms5: 1
Unit 3:# Rooms2: 4
Unit 3:Monthly Rent3: 850
Walls:Drywall: true
Water:Public: true
Window Features:Double Pane Windows: true
