601 Holston Avenue
Bristol, TENNESSEE
$278,000 | 67 DOM
About This Property
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.
Essential Information
Community Information
Amenities
Interior
Appliances
Dryer, Electric Range, Refrigerator, Washer
Exterior
School Information
Additional Information
Listing Details
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Information herein deemed reliable but not guaranteed April 27th, 2024 at 3:30pm