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!
Open House:
Saturday, 11/9 11:00-2:00PM
This unique single-level duplex features 2 units, each with 1 bedroom and 1 bathroom. offering various living and rental possibilities: Ideal for Investors: A great addition to your rental portfolio with steady income potential. Perfect for Families: Live close to loved ones while enjoying the privacy of separate living spaces. Short-Term Rental Potential: Maximize income by renting one or both units on a short-term basis. Live and Rent: Occupy one side of the property while generating income by renting out the other. Take advantage of this versatile property and customize its use to fit your needs! Conveniently located just 3 miles from the Hard Rock Hotel and Casino and a short walk from Downtown Bristol, it offers easy access to local attractions. Approximately 15 minutes from Bristol Motor Speedway, this property presents an excellent opportunity for both commercial and residential uses. Don't miss out on this prime investment opportunity! Schedule your showing today at 623 5th Street, Bristol, TN
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.
The median home value in Bristol, TN is $240,000. This is higher than the county median home value of $214,200. The national median home value is $338,100. The average price of homes sold in Bristol, TN is $240,000. Approximately 58.67% of Bristol homes are owned, compared to 31.56% rented, while 9.78% are vacant. Bristol real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bristol real estate agent to arrange a tour today!
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.