NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
13,068 Sq Ft Lot

Last Sold June 24, 2022

Last sale price $395,000

10 Days on Market

Highlights

  • Covered Patio or Porch
  • Window Unit Cooling System
  • Level Lot
  • Balcony
  • Tile Flooring
  • Heat Pump System

About This Home

As of June 2022

Looking for a profitable investment beside the Casino? Don't miss this one! Equipped with 6 units, and over 3000+ sqft of finished living space; this apartment complex is currently used for long term rentals but would also make for a perfect Airbnb with the new Hardrock Casino coming right behind this property. Metered separately, each unit is set up as a studio apartment with bedroom, bathroom, kitchen, and then a shared laundry area downstairs for all units. Recently remodeled, some of the units have been upgraded with fresh paint, vinyl flooring, etc. With everyone rushing to purchase investment properties in this location, this one will not last long priced to sell at $395k. Rent roll is available upon request. Call today to schedule your appointment! All information contained herein is deemed reliable but gathered from tax records and homeowner and is subject to buyers verification. This property is located within Bristol limits, and is subject to the landfill disclosure. Please ask your agent for further details regarding this notice.

Last Agent to Sell the Property

Garrett Addington

The Addington Agency Bristol License #337697 Listed on: 05/11/2022

Last Buyer's Agent

MICHAEL GREEN

CENTURY 21 Legacy Netherland License #257932

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 13,068 Sq Ft Lot
  • Level Lot
  • Property is in good condition

Home Design

  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Built-In Electric Oven
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Anderson Elementary School
  • Vance Middle School
  • Tennessee High School

Utilities

  • Window Unit Cooling System
  • Heat Pump System

Community Details

  • 6 Units
  • Gross Income $31,380

Listing and Financial Details

  • Assessor Parcel Number 020b A 002.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.3 Acres

Listing Details

  • Directions: From downtown Bristol, head west on W State St toward Commonwealth Ave. Use the left 2 lanes to turn slightly left to stay on W State St. Use the left 2 lanes to turn slightly left to stay on W State St. Turn right onto Memorial Dr. Turn left onto North St.
  • Prop. Type: Residential Income
  • Year Built: 1961
  • Property Sub Type: Other
  • Architectural Style: See Remarks
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 020b A 002.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.3
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Anderson
  • General Property Description Middle School2: Vance
  • General Property Description High School3: Tennessee
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 87 X 165M IRR
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Tile2: Yes
  • AC Heat Pump3: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Roof Metal3: Yes
  • Excluded From Sale A C Window Units: Yes
  • Flooring Vinyl: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 6
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Refrigerator
  • Flooring: Vinyl, Tile, Carpet
  • Appliances:Built-In Electric Oven: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Lot Features: Rolling Slope, Level
  • Exterior Features: Balcony
  • Acres: 0.3
  • Construction Type: Block
  • Patio And Porch Features: Covered, Front Porch
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking Features: Parking Spaces
  • Attached Garage: No
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Other
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Other12: Yes

Schools

  • Elementary School: Anderson
  • High School: Tennessee
  • Middle Or Junior School: Vance

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 87 X 165M IRR
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 020b A 002.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 31380.0
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Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $395,000 0.0% --
05/22/2022 05/22/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $395,000 -- --
Source: Tennessee/Virginia Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $132,360 $19,000 $113,360
2024 -- $46,320 $19,000 $27,320
2023 $2,035 $46,320 $19,000 $27,320
2022 $2,035 $46,320 $19,000 $27,320
2021 $2,034 $46,320 $19,000 $27,320
2020 $2,082 $46,320 $19,000 $27,320
2019 $2,082 $44,000 $19,000 $25,000
2018 $2,073 $44,000 $19,000 $25,000
2017 $2,073 $44,000 $19,000 $25,000
2016 $1,967 $40,760 $19,000 $21,760
2014 $1,857 $40,765 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Tennessee/Virginia Regional MLS

MLS Number: 9937731

Tennessee/Virginia Regional MLS
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