601 Holston Avenue, Bristol, TENNESSEE

$269,000

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About 601 Holston Avenue

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. *Upstairs units A and B were renovated from the studs, including all new wiring within the last 2 years *Downstairs Unit C updated Summer 2023 *Metal roof and replacement windows installed within the last 2 years *Brand new laundry room built on bottom level Spring 2023 *New gravel parking area for off street parking Unit A: current rent $650, lease ends Aug 2024 Unit B: current rent $650, lease ends Mar 2024 Unit C: current rent $850, lease ends Feb 2025 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. Estimated DSCR% 1.26-1.43 based on all units renting at market rent. All information herein is deemed reliable but subject to buyer verification. Seller/Agent.

Features of 601 Holston Avenue

MLS® # 9962194
Price $269,000
Bathrooms 0.00
Acres 0.00
Year Built 1920
Type Multi-Family
Sub-Type Multi-Family
Style Traditional
Status Active

Community Information

Address 601 Holston Avenue
Subdivision Not In Subdivision
City Bristol
County Sullivan
State TENNESSEE
Zip Code 37620

Amenities

Garages Gravel
Is Waterfront No

Interior

Interior Features Smoke Detector(s)
Appliances Dryer, Electric Range, Refrigerator, Washer
Heating Radiant, Electric
Cooling Ceiling Fan(s), Window Unit(s)
Fireplace No
Stories One
Basement Partial

Exterior

Exterior Vinyl Siding
Lot Description Level2,Sloped
Windows Double Pane Windows
Roof Metal
Construction Site Built2
Foundation Block

School Information

Elementary Anderson
Middle Vance
High Tennessee

Additional Information

Date Listed February 20th, 2024
Days on Market 91
Zoning B3
Foreclosure No
Short Sale No

Listing Details

OfficeeXp Realty VA

Listing Map

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