601 Holston Avenue
601 Holston Avenue, Bristol, TN 37620
$299,900
MLS# 10002240
Listing courtesy of Berkshire HHS, Jones Property Group · Zuleika Hodges
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About this property
Discover the possibilities with this updated triplex conveniently located near Downtown Bristol! Whether you're looking for a place to call home while generating rental income or an opportunity to expand your investment portfolio, this property offers flexibility and income potential. Featuring three separate units, the property has benefited from substantial improvements over the years. Both upstairs units were previously renovated down to the studs, including updated electrical wiring, while the downstairs unit was updated in 2023. More recent improvements include updated plumbing work and replacement of the sewer line to the street. Additional features include a shared laundry room and off-street gravel parking. The property currently has three long-term tenants in place, all on month to month rental agreements, offering flexibility for a future owner. Current Rental Income: Unit A: $700/month (water included) Unit B: $700/month (water included) Unit C: $1,000/month (electricity, water, and internet included) Currently generating $2,400 per month in gross rental income ($28,800 annually), the property offers an opportunity for an owner-occupant live in one unit while collecting rent from the other two, or continue renting all three units. Conveniently located just off Volunteer Parkway, within walking distance of Downtown Bristol, and approximately 2 miles from Bristol Casino. Bristol Regional Medical Center is also just a short drive away. The property is zoned B-3, potentially offering additional opportunities beyond traditional long-term rentals, subject to local zoning regulations and buyer verification. Enjoy the convenience of living close to everything Bristol has to offer while having the potential for rental income. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information. Property sold as-is.
Subdivision: Not In Subdivision
MLS #10002240 · Tennessee/Virginia Regional MLS
Property facts
- Status
- Active
- Property type
- Multi Family
- Bedrooms
- —
- Bathrooms
- 0
- Living area
- —
- Lot size
- 0.12 acres
- Year built
- 1,920
- County
- Sullivan
- Price / sq ft
- —
- Days on market
- 1
- MLS number
- 10002240
- Listing office
- Berkshire HHS, Jones Property Group
Features
- Gravel
Location
601 Holston Avenue, Bristol, TN, 37620
Listing data courtesy of Tennessee/Virginia Regional MLS
Listing content is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Spring Mountain Realty PLLC. All measurements, acreage, room counts, and permitted uses are approximate and should be independently verified by the buyer.
Properties marketed by brokerages other than Spring Mountain Realty PLLC are identified with the listing office name. Listings that a seller has excluded from internet display are not shown, and addresses are withheld where the seller has requested it.
Spring Mountain Realty PLLC is an Equal Housing Opportunity brokerage. We do not provide guidance on schools, demographics, or the composition of any area. Buyers are encouraged to research those subjects using independent public sources.
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