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- $599,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9992073
Living Area: 2,654 Lot Acreage: 0 Year Built: 1930
Elementary School: Middle School: High School:
Property Description
Who's your Cashcow??? This is it!!! This property is in the heart of Bristol TN with all kinds of Potential! Current owner has 4 units on long term rental at $1,295 a month for each. Each renter pays their own electric bills. The owner landlord pays $100 a month for sewer, trash, and water. $62,160 Gross;$58k net =right at 10% Cap ROI. Live on one level and rent out the other level and have your payment paid! This property is approved for a Bed and Breakfast with a www.com name website to go with it if the new owners want to go that route. This property is also approved for transitional housing at $1,000 a month for each room. The stone in this beauty is the same that was used in the Brooklyn Bridge in New York City! This is a historic home with new windows, new roof, new upgrades in the plumbing and electric. There is also the potential of an extra lot to build another multi unit complex on the corner of Windsor and 12th St. So the possibilities are endless! Please contact listing agent for all viewings! Buyers and buyer agents please verify all information taken from third party sources.
Listing Status
Active
  • More Listing Info
    AC:Wall Unit(s)true
    Business Type:Historicaltrue
    Business Type:See Remarks33true
    Contract Info:ForeclosureNo
    Development Status:See Remarks37true
    Electric Service:220 Voltstrue
    Exterior Finish:Block5true
    Exterior Finish:Vinyl Sidingtrue
    General Property Description:# Parking Spaces12
    General Property Description:# Restrooms4
    General Property Description:Acres0.14
    General Property Description:Annual Lease62160.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size2Irregular
    General Property Description:Road Frontage Length150
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished2654.0
    General Property Description:Total SqFt Unfinished1300.0
    General Property Description:Zoning2Commercial
    Heating:Baseboardtrue
    Heating:Electrictrue
    Info Available:Leases2true
    Info Available:Plattrue
    Location Tax Legal Info:City Taxes1486.33
    Location Tax Legal Info:County Taxes1299.35
    Location Tax Legal Info:Deed Book #3524
    Location Tax Legal Info:Deed Page #2087
    Other Equipment:Basement4true
    Other Equipment:Exterior Lightstrue
    Other Equipment:Outside Storagetrue
    Other Equipment:Range2true
    Other Equipment:Refrigerator2true
    Other Equipment:Smoke Detector(s)2true
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3I 81 to Exit 3: travel down Commonwealth Avenue until you cross over into TN;Travel Volunteer Parkway until a right on Windsor Avenue;travel to 12th St;right on 12th St-home on the right.
    Remarks Misc:Public Remarks7Who's your Cashcow??? This is it!!! This property is in the heart of Bristol TN with all kinds of Potential! Current owner has 4 units on long term rental at $1,295 a month for each. Each renter pays their own electric bills. The owner landlord pays $100 a month for sewer, trash, and water. $62,160 Gross;$58k net =right at 10% Cap ROI. Live on one level and rent out the other level and have your payment paid! This property is approved for a Bed and Breakfast with a www.com name website to go with it if the new owners want to go that route. This property is also approved for transitional housing at $1,000 a month for each room. The stone in this beauty is the same that was used in the Brooklyn Bridge in New York City! This is a historic home with new windows, new roof, new upgrades in the plumbing and electric. There is also the potential of an extra lot to build another multi unit complex on the corner of Windsor and 12th St. So the possibilities are endless! Please contact listing agent for all viewings! Buyers and buyer agents please verify all information taken from third party sources.
    Restrictions:See Remarks34true
    Road Access:Alleytrue
    Road Access:City Streettrue
    Roof:Compositiontrue
    Roof:Shingletrue
    Sale Includes:See Remarks35true
    Sewer:Public Sewertrue
    Utilities:Electricity Connectedtrue
    Utilities:Natural Gas Available2true
    Utilities:Sewer Connectedtrue
    Utilities:Water Connectedtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
KW Bristol
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