Investors or first time home buyers take notice. This is the one for you. 2 units available. Upstairs and downstairs. Both units have 2 Bed rooms, 1 bath, kitchen, and laundry room. Location location Mins from the race track and the casino. Big fenced in back yard with out buildings. Updates: New Hvac downstairs, new septic tank, newer roof, and all water starting at the road and through the house new. So move in ready.
This two-story brick triplex known as Georgia Terrace is located at 503 Georgia Avenue, Bristol, Tennessee. This property features three apartments with two three bedrooms and one two-bedroom unit. Each apartment has its own utility room with washer and dryer hookups. Downstairs is an L shaped living room, dining room and kitchen. The bedrooms are upstairs. Units have plenty of storage space. Located just minutes from the Fairmount school, downtown district and the new Hard Rock Hotel. In addition, The Pinnacle Shopping stores and restaurants are just six miles away. Purchasing this property is not only a wise investment it is also a wonderful home for tenants. You will receive two forms of appreciation, of course increase in value but also appreciation from the satisfied tenants that call these apartments HOME. Talking with the current owner he states that he rented apartment one in 1998 and then purchased the building in 2004. He is proud of the fact that he raised his daughter in apartment one and later rented apartment two to both his son and daughter. Since the building is 4,300 square feet, each apartment is over 1,200 square feet. Large and spacious rooms make for comfortable family living. Behind the building is a brick detached three car oversized garage. The building sits on .51 acres. Since the Fairmount Historic District of Bristol is very desirable on July 30, 2010 this building and neighborhood was listed in the National Registers of Historic Places by the National Park Service of the United States Department of Interior. Don't miss out on this rare investment. Schedule a showing today!
Charming 3-Unit Multi-Family Residence in Prime Bristol Location! Perfect for Living, Renting, or Investment! Conveniently located near Downtown Bristol with easy access to The Pinnacle Bristol, the local Hospital, Bristol Motor Speedway, King University, and Steele Creek Park. Property Overview: Total Bedrooms: 5 Total Bathrooms: 3 full bathrooms Laundry: Common area laundry facilities Utilities: Natural gas available, each unit separately metered. Unit Details: Unit 1: 2 bedrooms, 1 bathroom, kitchen, and dining area. Unit 2: 1 bedroom, 1 bathroom, kitchen, and living space. Unit 3: 2 bedrooms, 1 bathroom, kitchen, and living space. Key Features: New Roof & Eaves: Recently installed for worry-free living. New Hot Water Heater: Ensures reliable hot water supply. Newer Flooring: Mixture of hardwood and other materials, adding character and charm. Current Leasing Status: All units are fully leased, providing immediate rental income. Versatile Usage Options: Primary Residence: Live in one unit and rent the others for additional income. Investment Property: Ideal for long-term rentals, AirBNB, or VRBO. Flexible Scenarios: Numerous possibilities to fit your lifestyle and financial goals. This property is an excellent opportunity for investors or homeowners looking to capitalize on rental income in a desirable location. With all units currently leased, you can start earning income immediately. Whether you want to expand your rental portfolio, live in one unit while renting the others, or explore short-term rental opportunities, this multi-family residence offers endless possibilities. Don't miss out on this incredible investment opportunity! Schedule your showing today to explore all the potential this property holds. All Information is deemed reliable but should be verified by buyer or buyer's agent.
Investors take notice. This three unit multifamily home is ready to be your next income producing property. Two units are currently rented at $650/month, and the third has been remodeled and currently rented for $750/month. This triplex is complete with one-studio unit, (unit 1), a two bedroom unit, (unit 2), and another two bedroom unit upstairs, (unit 3). All units have private access from the interior of the home; unit 2 has an additional entrance from the exterior in the back of the property. Property is being sold as is. *Buyer and buyer's agent to verify all information contained herein. *Equal Housing Opportunity.
Bristol is located in Tennessee. Bristol, Tennessee has a population of 27,154. Bristol is more family-centric than the surrounding county with 29.09% of the households containing married families with children. The county average for households married with children is 25.58%.
The median household income in Bristol, Tennessee is $43,638. The median household income for the surrounding county is $49,661 compared to the national median of $69,021. The median age of people living in Bristol is 40.3 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 43.8 inches per year, with 12.3 inches of snow per year.