Listing by: Kevin Tipton, SVN, Wood Properties, 865-210-0228

0 Beds

n/a Full bath

n/a SqFt

Active

This is a 20 unit townhome project consisting of 2 bed, 1.5 bath units. There have been MANY updates, the units are 100% occupied., and there is still plenty of room for increase in the rents as units are turned. There is also a 2 bed, 2 bath single family home with a large detached garage, and an income producing billboard on the property as well. Totaling nearly 7 acres, there is potential here for more multifamily development as there is a lack of quality rental units in the area. The property is located just minutes from Downtown Bristol, the Pinnacle Shopping Center, Bristol Motor Speedway, Bristol Medical Center, Bristol Casino, and I-81.

Property Details
Price$3,425,000
Property StyleTownhouse
Lot Size6.9 Acres
Lot Size Area6.9
Lot Size Area UnitsAcres
Acres6.9
Property TypeMultiFamily
MLS Sub typeMulti-Family
Year Built1994
RoofMetal
HeatingCentral
Lot DescriptionCleared
Parking DescriptionParking Spaces
Geographic Data
DirectionsEast on I-81 to North on 11W to property on RT.
CountySullivan
Latitude36.581001
Longitude-82.313915
Address Information
Address2637 Highway 11w, Bristol, TN 37620
Postal Code37620
CityBristol
StateTN
CountryUnited States
Listing Information
Listing OfficeSVN, Wood Properties
Listing Office Phone865-936-9999
Listing Office Emailgeorge.brown@svn.com
Listing AgentKevin Tipton
Listing Agent Phone865-210-0228
Buyer Agency Compensation2.50
Buyer Agency Compensation Type%
Compensation DisclaimerThe offer of compensation is made only to participants of the MLS where the listing is filed.
TermsCash, Conventional
School Information
Elementary SchoolCentral Heights
Middle SchoolSullivan Central Middle
High SchoolWest Ridge
MLS® Information
Days on market37
MLS® StatusActive
Listing DateApr 1, 2024
Listing Last ModifiedMay 7, 2024
Tax ID018 101.00
MLS® #9963901

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