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1401 Windsor Avenue, Bristol, TN 37620 - $425,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9990177
Living Area: 0 Lot Acreage: 0 Year Built: 1903
Elementary School: Anderson Middle School: Tennessee Middle High School: Tennessee
Property Description
INVESTORS - THIS ONE IS FOR YOU! If you already have a portfolio, consider adding this fully rented one to your list. If you are just starting out, this would be a prime property with the interiors already updated. This 4-unit residential building in Bristol, TN, is a turnkey investment property currently generating income with stable tenants. Situated on a corner lot, the property is minutes from regional anchors like the Hard Rock Casino, which has significantly impacted local real estate demand and large employers like Bristol Regional Medical Center and the Pinnacle Shopping Center. Property Overview • Units: Four total spacious units, consisting of: o One 2-bedroom / 1-bathroom unit o Three 1-bedroom / 1-bathroom units • Amenities: Each spacious unit includes a kitchen, living room, bedroom/s, bath and dedicated laundry. • Utilities: Separately metered for each unit, simplifying expense management for the owner. • Parking & Storage: Features both on-street and off-street parking, plus a large 1,632 sq. ft. garage that can be utilized for storage or rented separately for additional income • Strategic Location: Proximity to major attractions such as the Birthplace of Country Music Museum, Bristol Motor Speedway, The Pinnacle Shopping Center, and King University ensures a steady pool of potential tenants. • Market Trends: Regional multifamily activity remains high, driven by the Bristol regional growth and professional developments like the ongoing expansion of the Hard Rock Hotel and Casino. Nearby Highlights • Entertainment: Paramount and Bristol Theatres, Hard Rock Casino. Seasonal Concerts including Bristol Rhythm and Roots Reunion and Special Events at Bristol Motor Speedway. • Recreation: South Holston Lake and River (premier trout fishing). NASCAR events and NHRA Dragway Events. • Convenience: Nearby hospitals, restaurants, and grocery shopping. Walkable neighborhood.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Appliances:Electric Rangetrue
    Appliances:Refrigeratortrue
    Basement:Block4true
    Basement:Concrete3true
    Basement:Dirt Floortrue
    Basement:Exterior Entrytrue
    Basement:Fulltrue
    Basement:Unfinishedtrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Expenses Include:Property Managementtrue
    Expenses Include:WaterSewertrue
    Exterior Finish:Wood Sidingtrue
    Fencing:Front Yardtrue
    Flooring:Hardwoodtrue
    Flooring:Laminatetrue
    Foundation:Block6true
    Garage:Garage Spaces1
    General Property Description:# Buildings2
    General Property Description:# Fireplaces0.0
    General Property Description:# of Units4.0
    General Property Description:Acres0.33
    General Property Description:Elementary School3Anderson
    General Property Description:High School3Tennessee
    General Property Description:HOA YNNo
    General Property Description:Home Warranty2No
    General Property Description:Lot Dimensions100X150
    General Property Description:Middle School2Tennessee Middle
    General Property Description:Senior Community YN3No
    General Property Description:Stories22
    General Property Description:Total Units4
    General Property Description:Zoning2RE
    Heating:Electrictrue
    Heating:Heat Pump2true
    Info Available:Aerialtrue
    Info Available:Floor Plantrue
    Interior Features:KitchenDining Combotrue
    Laundry Features:Electric Dryer Hookuptrue
    Laundry Features:Washer Hookuptrue
    Levels:Twotrue
    Location Tax Legal Info:Block2
    Location Tax Legal Info:City Taxes2100.35
    Location Tax Legal Info:County Taxes1836.13
    Location Tax Legal Info:Deed Book #3046
    Location Tax Legal Info:Deed Page #331
    Location Tax Legal Info:Lot #1
    Other Rooms:Apartmenttrue
    Other Structures:Garage(s)true
    Parking Features:Graveltrue
    PorchPatioDeck:Coveredtrue
    PorchPatioDeck:Front Porchtrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3From Interstate 81 - take Exit 74 onto 11W towards Bristol, continue on West State St, turn RIGHT onto 14th St, Property on RIGHT, you can park in the gravel parking space at the garage or come to corner of Windsor, turn RIGHT and park in front of building.
    Remarks Misc:Public Remarks7INVESTORS - THIS ONE IS FOR YOU! If you already have a portfolio, consider adding this fully rented one to your list. If you are just starting out, this would be a prime property with the interiors already updated. This 4-unit residential building in Bristol, TN, is a turnkey investment property currently generating income with stable tenants. Situated on a corner lot, the property is minutes from regional anchors like the Hard Rock Casino, which has significantly impacted local real estate demand and large employers like Bristol Regional Medical Center and the Pinnacle Shopping Center. Property Overview • Units: Four total spacious units, consisting of: o One 2-bedroom / 1-bathroom unit o Three 1-bedroom / 1-bathroom units • Amenities: Each spacious unit includes a kitchen, living room, bedroom/s, bath and dedicated laundry. • Utilities: Separately metered for each unit, simplifying expense management for the owner. • Parking & Storage: Features both on-street and off-street parking, plus a large 1,632 sq. ft. garage that can be utilized for storage or rented separately for additional income • Strategic Location: Proximity to major attractions such as the Birthplace of Country Music Museum, Bristol Motor Speedway, The Pinnacle Shopping Center, and King University ensures a steady pool of potential tenants. • Market Trends: Regional multifamily activity remains high, driven by the Bristol regional growth and professional developments like the ongoing expansion of the Hard Rock Hotel and Casino. Nearby Highlights • Entertainment: Paramount and Bristol Theatres, Hard Rock Casino. Seasonal Concerts including Bristol Rhythm and Roots Reunion and Special Events at Bristol Motor Speedway. • Recreation: South Holston Lake and River (premier trout fishing). NASCAR events and NHRA Dragway Events. • Convenience: Nearby hospitals, restaurants, and grocery shopping. Walkable neighborhood.
    Roof:Shingletrue
    Sewer:Public Sewertrue
    Structure Type:Housetrue
    Structure Type:Quadruplextrue
    Style:Victorian2true
    TopographyLot Description:Clearedtrue
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms31
    Unit 1:# Rooms43
    Unit 1:# Units1
    Unit 1:Monthly Rent598
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Rooms34
    Unit 2:# Units21
    Unit 2:Monthly Rent2975
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms51
    Unit 3:# Rooms23
    Unit 3:# Units31
    Unit 3:Monthly Rent3628
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms61
    Unit 4:# Rooms3
    Unit 4:# Units41
    Unit 4:Monthly Rent4625
    Water:Publictrue
    Window Features:Insulated Windowstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Holston Realty, Inc.
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