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 B rand new laundry room built on bottom level Spring 2023 Brand 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. Estimted 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.

Request Information
on 601 Holston Ave
in Bristol, TN
Presented by Brittany Zhou at
eXp Realty VA.


Property MLS #9962194 from TNVARegionalMLS

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+ Bathrooms

Total Bathrooms: 0

+ Interior Features

Smoke Detector(s)
Flooring: Vinyl, Tile, Hardwood
Window Features: Double Pane Windows

+ Appliances

Dryer
Electric Range
Refrigerator
Washer

+ Other Rooms

Basement Features: Partial

+ Heating and Cooling

Cooling Features: Ceiling Fan(s), Window Unit(s)
Heating Features: Radiant, Electric
Heating: Yes

+ Land Info

Sloped
Level
Lot Description: Sloped, Level
Lot Size Acres: 0.1157025
Lot Size Dimensions: 36 X 140
Topography: Level, Sloped
Lot Size Square Feet: 5040

+ Exterior and Lot Features

Fencing: Back Yard
Patio And Porch Features: Porch, Rear Porch

+ Garage and Parking

Parking Features: Gravel

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School: Anderson
High School: Tennessee
Middle School: Vance
+ Display Complete School Details

Anderson Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions

Vance Middle School is a public middle school located approximately 0.5 miles away.
Map directions

Tennessee High School is a public high school located approximately 0.5 miles away.
Map directions

Tennessee Avenue Christian Academy is a private elementary, middle and high school located approximately 0.7 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 3

+ Other Property Info

Annual Tax Amount: 896.0700000000
Source Listing Status: Active
County: Sullivan
Directions: Take I81 Exit 3 onto Commonwealth and keep straight onto Volunteer Pkwy. Turn right onto Windsor Ave, left onto Ninth St, left onto Wilson Ave. 601 Holston is on the corner of Wilson Ave and Holston Ave.
Source Property Type: Multi-Family
Source Neighborhood: Not In Subdivision
Parcel Number: 020e E 016.00
Subdivision: Not In Subdivision
Zoning: B3
Property Subtype: Multi-Family
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-05-06
$269,000
TNVARegionalMLS

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Price Changed 2024-04-28
$277,000
TNVARegionalMLS

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Price Changed 2024-04-01
$278,000
TNVARegionalMLS

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Listed 2024-02-20
$279,000
TNVARegionalMLS

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Sold 2022-09-23
$200,000
TNVARegionalMLS

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Listing removed 2017-09-30
$89,900
TNVARegionalMLS

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Listed 2017-07-12
$89,900
TNVARegionalMLS

+ Building and Construction

Year Built: 1920
Building Exterior Type: Vinyl Siding
Construction Materials: Vinyl Siding
Foundation Details: Block
Levels: One
Property Age: 104
Property Condition: Average
Roof: Metal
Structure Type: Site Built
House Style: Traditional
Walls: Drywall
Architectural Style: Traditional

+ Utilities

Sewer: Public Sewer
Water Source: Public