1211 Broad Street, Bristol, TENNESSEE

$159,900

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1

Bath

2,394

Square feet

0.23

Acres

About 1211 Broad Street

$67/square foot! Yes $67/Square foot!! Who says you can't get a 10% Net Return? This property has that history when fully leased. Do NOT miss out on this opportunity to own a 2,394 square foot, three apartment (TRIPLEX) home in downtown Bristol, TN. Selling AS IS, for CASH OR CONVENTIONAL buyer. This triplex is complete with one-studio unit (apt 1 on left) and a two bedroom unit (apt 2 on right) on the first floor. The third unit (up stairs) has two or three bedrooms, depending on use (all have closets and windows). Each unit has a private entrance from the interior of the home. All units are spacious and are equipped with a refrigerator and stove for the tenants. The first floor units are currently leased. The second floor large 3rd apartment has been partially remodeled, and has remaining materials onsite for completion by buyer. Electrical for apt 3 has been completed by seller and successfully inspected by city codes officials. The kitchen cabinets, windows , refrigerator, stove, bathroom sink, subfloor and laminate floor are on site, ready for your install. All are included in the sale price. The tenants pay electric. Landlord pays for water monthly and the oil annually for the furnace that heats the homes. No washer/dryer hookups nor central A/C units. New owner pays for the pest control annually and maintaining the lawn. Rent for all three units ranges from $650- $750 per month per unit. The return has been over net 10.6% when fully rented. This unpolished home will love your TLC or continue to rent as is, and update as you desire. Tenants require 4 hour notice to see home. Please knock before entering as two tenants are home in daytime. Keys in Supra box, Appointments by Showingtime. Home is being sold AS IS. Buyer/Buyers agent to verify all information.

Features of 1211 Broad Street

MLS® # 9937362
Price $159,900
Bathrooms 1.00
Square Footage 2,394
Acres 0.23
Year Built 1900
Type Multi-Family
Sub-Type Multi-Family
Style 2 Story, See Remarks
Status Contingent - Show

Community Information

Address 1211 Broad Street
City Bristol
County Sullivan
State TENNESSEE
Zip Code 37620

Amenities

Parking Parking Spaces, Other
Is Waterfront No
Has Pool Yes

Interior

Interior Features Eat-in Kitchen
Heating Floor Furnace, Oil
Fireplace Yes
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl Siding, Wood Siding
Lot Description Rolling Slope, Sloped
Roof Composition
Construction Site Built

School Information

Elementary Anderson
Middle Vance
High Tennessee

Additional Information

Date Listed May 4th, 2022
Days on Market 63
Zoning residential
Foreclosure No
Short Sale No
HOA Fees 0.00

Listing Details

OfficeHURD REALTY, LLC

Listing Map

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