Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi-Family

Sub Type: Multi-Family

MLS Number: 9968898

Lot Acreage: 0.32000

Living Area: 0

Year Built:1947

Elementary School: Fairmont

Middle School: Vance

High School: Tennessee

Public Remarks: This two-story brick triplex known as Georgia Terrace is located at 503 Georgia Avenue, Bristol, Tennessee. This property features three apartments with two three bedrooms and one two-bedroom unit. Each apartment has its own utility room with washer and dryer hookups. Downstairs is an L shaped living room, dining room and kitchen. The bedrooms are upstairs. Units have plenty of storage space. Located just minutes from the Fairmount school, downtown district and the new Hard Rock Hotel. In addition, The Pinnacle Shopping stores and restaurants are just six miles away. Purchasing this property is not only a wise investment it is also a wonderful home for tenants. You will receive two forms of appreciation, of course increase in value but also appreciation from the satisfied tenants that call these apartments HOME. Talking with the current owner he states that he rented apartment one in 1998 and then purchased the building in 2004. He is proud of the fact that he raised his daughter in apartment one and later rented apartment two to both his son and daughter. Since the building is 4,300 square feet, each apartment is over 1,200 square feet. Large and spacious rooms make for comfortable family living. Behind the building is a brick detached three car oversized garage. The building sits on .51 acres. Since the Fairmount Historic District of Bristol is very desirable on July 30, 2010 this building and neighborhood was listed in the National Registers of Historic Places by the National Park Service of the United States Department of Interior. Don't miss out on this rare investment. Schedule a showing today!

Listing Courtesy:Watkins Home Team

More Listing Info:

AC:Window Unit(s): true

Basement:Crawl Space: true

Community Features:Sidewalk: true

Contract Info:Foreclosure: No

Easements:None12: true

Exterior Features:See Remarks23: true

Exterior Finish:Brick4: true

Flooring:Carpet: true

Flooring:Hardwood: true

Flooring:Tile2: true

Flooring:Vinyl: true

Foundation:Other25: true

Garage:Garage Spaces: 3

General Property Description:# Buildings: 1

General Property Description:# of Units: 3.0

General Property Description:Acres: 0.32

General Property Description:Elementary School3: Fairmont

General Property Description:High School3: Tennessee

General Property Description:HOA YN: No

General Property Description:Home Warranty2: No

General Property Description:Lot Dimensions: 158.4 X 204M IRR

General Property Description:Middle School2: Vance

General Property Description:Stories2: 2

General Property Description:Total Units: 3

General Property Description:Zoning2: R 3

Heating:Radiant: true

Income and Expenses:Vacancy Rate %: 0.0

Interior Features:Open Floorplan: true

Interior Features:See Remarks4: true

Interior Features:Walk-In Closet(s): true

Laundry Features:Electric Dryer Hookup: true

Laundry Features:Washer Hookup: true

Levels:Two: true

Location Tax Legal Info:Block: 71

Location Tax Legal Info:City Taxes: 1317.31

Location Tax Legal Info:County Taxes: 1595.79

Location Tax Legal Info:Deed Book #: 3577

Location Tax Legal Info:Deed Page #: 377

Location Tax Legal Info:Lot #: 11

Other Rooms:Laundry: true

Other Rooms:Utility Room: true

Other Structures:Garage(s): true

Parking Features:Gravel: true

Parking Features:See Remarks22: true

Parking Features:Shared Driveway: true

PorchPatioDeck:Covered: true

PorchPatioDeck:Front Porch: true

Property Condition:Average: true

Remarks Misc:Directions3: GPS FRIENDLY Go straight down historic State Street. Continue going straight until you reach Pennsylvania Ave. Turn right on Pennsylvania Ave, then turn left on Taylor Street.

Remarks Misc:Public Remarks2: This two-story brick triplex known as Georgia Terrace is located at 503 Georgia Avenue, Bristol, Tennessee. This property features three apartments with two three bedrooms and one two-bedroom unit. Each apartment has its own utility room with washer and dryer hookups. Downstairs is an L shaped living room, dining room and kitchen. The bedrooms are upstairs. Units have plenty of storage space. Located just minutes from the Fairmount school, downtown district and the new Hard Rock Hotel. In addition, The Pinnacle Shopping stores and restaurants are just six miles away. Purchasing this property is not only a wise investment it is also a wonderful home for tenants. You will receive two forms of appreciation, of course increase in value but also appreciation from the satisfied tenants that call these apartments HOME. Talking with the current owner he states that he rented apartment one in 1998 and then purchased the building in 2004. He is proud of the fact that he raised his daughter in apartment one and later rented apartment two to both his son and daughter. Since the building is 4,300 square feet, each apartment is over 1,200 square feet. Large and spacious rooms make for comfortable family living. Behind the building is a brick detached three car oversized garage. The building sits on .51 acres. Since the Fairmount Historic District of Bristol is very desirable on July 30, 2010 this building and neighborhood was listed in the National Registers of Historic Places by the National Park Service of the United States Department of Interior. Don't miss out on this rare investment. Schedule a showing today!

Roof:Composition: true

Roof:Shingle: true

Sewer:Public Sewer: true

Structure Type:Multi Family: true

Structure Type:Townhouse3: true

Structure Type:Triplex: true

Style:Colonial3: true

Style:Other53: true

Style:Townhouse2: true

Style:Traditional3: true

TopographyLot Description:Level2: true

TopographyLot Description:See Remarks: true

TopographyLot Description:Sloped: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 3

Unit 1:# Half Baths: 1.0

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 2

Unit 2:# Half Baths2: 1.0

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 3

Walls:Drywall: true

Walls:Plaster: true

Water:Public: true