SQUARE FEET2,654
MLS#9992073
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONNot In Subdivision
NEIGHBORHOOD103 - Bristol TN (City)
Property Description
Who's your Cashcow??? This is it!!! This property is in the heart of Bristol TN with all kinds of Potential! Current owner has 4 units on long term rental at $1,295 a month for each. Each renter pays their own electric bills. The owner landlord pays $100 a month for sewer, trash, and water. $62,160 Gross;$58k net =right at 10% Cap ROI. Live on one level and rent out the other level and have your payment paid! This property is approved for a Bed and Breakfast with a www.com name website to go with it if the new owners want to go that route. This property is also approved for transitional housing at $1,000 a month for each room. The stone in this beauty is the same that was used in the Brooklyn Bridge in New York City! This is a historic home with new windows, new roof, new upgrades in the plumbing and electric. There is also the potential of an extra lot to build another multi unit complex on the corner of Windsor and 12th St. So the possibilities are endless! Please contact listing agent for all viewings! Buyers and buyer agents please verify all information taken from third party sources.
Property Features
Property Type: Commercial - Business
Cooling: Wall Unit(s)
Heating: Baseboard, Electric
Lot Size: 0.14 Acres
Roof Type: Composition, Shingle
Year Built: 1930
Feature Descriptions
Days on Site: 6
Equipment (Other): Basement, Exterior Lights, Outside Storage, Range, Refrigerator, Smoke Detector(s)
Exterior: Block, Vinyl Siding
Lot Dimensions: Irregular
Road Frontage: City Street, Alley
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected, Natural Gas Available
Water: Public
Zoning: Commercial
Listed By / Shown By
Listed By
Agency Name: KW Bristol
Agency Phone: 423-225-2703
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Tennesse Virginia MLS
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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| MLS# 9992073
This commercial property located at , Bristol, TN 37620 is currently listed for sale with an asking price of $599,900. Search 103 - Bristol Tn real estate on www.clhomes.com today.