601 Holston Avenue
Bristol,
TN
37620
Property Details
List Price: |
$269,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
eXp Realty VA |
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Description/Comments
Lot Size: |
-- |
Property Type: |
Other |
Year Built: |
1920 |
Notes: |
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. <br />
<br />
*Upstairs units A and B were renovated from the studs, including all new wiring within the last 2 years<br />
*Downstairs Unit C updated Summer 2023<br />
*Metal roof and replacement windows installed within the last 2 years<br />
*Brand new laundry room built on bottom level Spring 2023<br />
*New gravel parking area for off street parking<br />
<br />
Unit A: current rent $650, lease ends Aug 2024<br />
Unit B: current rent $650, lease ends Mar 2024<br />
Unit C: current rent $850, lease ends Feb 2025<br />
<br />
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. <br />
<br />
Estimated DSCR% 1.26-1.43 based on all units renting at market rent. <br />
<br />
All information herein is deemed reliable but subject to buyer verification. Seller/Agent. |
MlsNumber: |
9962194 |
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Listing Provided By: |
eXp Realty VA, original listing |
Name: |
eXp Realty VA |
Phone: |
(703) 665-3362 |
Office Name: |
eXp Realty VA |
Office Phone: |
(703) 665-3362 |
Agent Name: |
Brittany Zhou |
Disclaimer: |
Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |