240 Second Avenue

$320,000, 2.6 Acres

About This Property

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.

Essential Information

MLS® #420967
Price$320,000
Acres2.60
Year Built1990
TypeMulti-Family
Sub-TypeOther
Style1 Story
StatusActive

Community Information

Address240 Second Avenue
AreaBristol TN(County)
CityBristol
CountySULLIVAN
StateTENNESSEE
Zip Code37620

Amenities

GaragesParking Spaces

Interior

AppliancesRange-Electric, Refrigerator
HeatingHeat Pump, Baseboard, Electric
CoolingHeat Pump, Window Unit
FireplaceYes
FireplacesLiving Room
# of Stories2

Exterior

ExteriorBrick
Lot Description91,476 Sq Ft
RoofArchitect Shingle

Exterior Features

Driveway-Asphalt, Driveway-Gravel, Driveway-Concrete, Outbuilding(s)

School Information

ElementaryHAYNESFIELD
MiddleVANCE
HighTENNESSEE

Additional Information

Date ListedMay 1st, 2019
ZoningRes & Comm

Listing Details

Listing Courtesy ofKW JOHNSON CITY

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240 Second Avenue, Bristol (MLS® #420967) Property History

Price Reduced from $325,000 to $320,000

Copyright 2019 Tennessee Virginia Regional MLS®. All rights reserved.

Information herein deemed reliable but not guaranteed June 18th, 2019 at 3:08am

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