240 Second Avenue
Bristol, TN 37620

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.

Details

MLS#420967
Sub-TypeResale
StatusActive
Year1990
Days On Site49

Features

Property ViewYes

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Area Information

StateTN
CountySULLIVAN
CityBristol
Zip Code37620
AreaBristol TN(County)
Listing VS Median (in 37620)
Price:
$320,000
low | high
Med:
$120,000
100% of Average
On Site:
49
low | high
Med:
18
100% of Average
Listing Updated: 06/18/2019
MLS Number: 420967
Listing Provided By:
SHERRY LUDECKER  of  KELLER WILLIAMS REALTY

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