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423-968-7653
Apple Realty and Auction
Multifamily

240 Second Ave, Bristol, TN 37620

1 Story  Stories: 2
FOR SALE – An offer has been accepted, waiting to close
Price: $320,000  List Date: 2019-05-01  DOM:  81
City Tax: $0 County Tax: $1,450
Year Built: 1990 

Lot Size: 2.6 acre(s)Lot Dimensions: 91,476 Sq FtTopography: Level
Heating: Baseboard, Electric, Heat PumpCooling: Heat Pump, Window UnitWater & Sewage: Sewer-Septic, Water-Public
Appliances: Range-Electric, Refrigerator

Description

Unique income-producing property with tons of opportunity and low county taxes! Property consists of a large single family home with hardwood floors, massive living room, dining area with fireplace, large kitchen, 3 bedrooms and 3.5 baths. Upper level also has 3 attached rental properties including 2, 2bdrm/1bath apartments and 1, studio-sized 1/1 unit. Lower level has 3 apartments. Two are 2/1s and One is a 1/1. All units are clean and vacant and equipped with all appliances. Rental income for all 7 units has been $4300. (Original owner lived in the main house and lived for free while renting out the other units) Duplex at the rear of the property is in need of significant repairs and is not included with price or square footage. 20'x80' storage building on the property is zoned as commercial. Property has 4 septic tanks and previously had a number of mobile homes onsite. Mobile home pads are vacant but still have some of the electrical connections in place. Entire property had a new roof and guttering within past 5 yrs; Commercial building also has a 5yr old roof. Property is located 6.9 miles from the Bristol Motor Speedway. Endless possibilities in a peaceful area of Bristol County with no City Tax. All information is deemed to be accurate but should be verified by Buyer or Buyer's Agent.

Community Information

Geographical
Area: Bristol TN(County)
County: Sullivan
Subdivision:
Zoning: Res & Comm
School System
Haynesfield Elementary
Vance Middle
Tennessee High

Interior

Other Rooms: Apartment, Workshop  Rooms with Fireplaces: Living Room  Basement & Foundation: Finished 

Exterior

Porch, Patio, Decking Detail:  Back, Patio Roof: Architect Shingle Exterior Finish: Brick Garage: Parking Spaces Other Exterior: Driveway-Asphalt, Driveway-Concrete, Driveway-Gravel, Storage Shd/Outbldgs

Photos

Listing by Kw Johnson City
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