Bristol, TN 37620,503 Georgia AVE
Bristol, TN 37620,503 Georgia AVE
Bristol, TN 37620,503 Georgia AVE
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$505,000
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0.32 Acres Lot
Price Dropped by $5K

503 Georgia AVE Bristol, TN 37620

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UPDATED:

10/14/2024 09:43 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Bristol Land

MLS Listing ID 9968898

Style Colonial,Townhouse,Traditional,Other

HOA Y/N No

Originating Board Tennessee/Virginia Regional MLS

Year Built 1947

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 158.4 X 204M IRR

Property Description

This two-story brick triplex known as Georgia Terrace is located at 503 Georgia Avenue, Bristol, Tennessee.

This property features three apartments with two three bedrooms and one two-bedroom unit. Each apartment has its own utility room with washer and dryer hookups.

Downstairs is an L shaped living room, dining room and kitchen. The bedrooms are upstairs. Units have plenty of storage space.

Located just minutes from the Fairmount school, downtown district and the new Hard Rock Hotel. In addition, The Pinnacle Shopping stores and restaurants are just six miles away.

Purchasing this property is not only a wise investment it is also a wonderful home for tenants. You will receive two forms of appreciation, of course increase in value but also appreciation from the satisfied tenants that call these apartments HOME.

Talking with the current owner he states that he rented apartment one in 1998 and then purchased the building in 2004. He is proud of the fact that he raised his daughter in apartment one and later rented apartment two to both his son and daughter.

Since the building is 4,300 square feet, each apartment is over 1,200 square feet.

Large and spacious rooms make for comfortable family living. Behind the building is a brick detached three car oversized garage. The building sits on .51 acres.

Since the Fairmount Historic District of Bristol is very desirable on July 30, 2010 this building and neighborhood was listed in the National Registers of Historic Places by the National Park Service of the United States Department of Interior.


Don't miss out on this rare investment. Schedule a showing today!

Location

State TN

County Sullivan

Community Bristol Land

Area 0.32

Zoning R 3

Direction GPS FRIENDLY Go straight down historic State Street. Continue going straight until you reach Pennsylvania Ave. Turn right on Pennsylvania Ave, then turn left on Taylor Street.

Rooms

Basement Crawl Space

Ensuite Laundry Electric Dryer Hookup, Washer Hookup

Interior

Interior Features Open Floorplan, Walk-In Closet(s), See Remarks

Laundry Location Electric Dryer Hookup,Washer Hookup

Heating Radiant

Cooling Window Unit(s)

Flooring Vinyl, Tile, Carpet, Hardwood

Heat Source Radiant

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature See Remarks

Garage Gravel, Shared Driveway, See Remarks

Garage Spaces 3.0

Community Features Sidewalks

Roof Type Composition,Shingle

Porch Covered, Front Porch

Parking Type Gravel, Shared Driveway, See Remarks

Total Parking Spaces 3

Building

Lot Description See Remarks, Sloped, Level

Entry Level Two

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Colonial, Townhouse, Traditional, Other

Structure Type Brick,Plaster

New Construction No

Schools

Elementary Schools Fairmont

Middle Schools Vance

High Schools Tennessee

Others

Senior Community No

Tax ID 021b C 003.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Haley Terrell • Watkins Home Team

GET MORE INFORMATION

Jessica Brooks

Agent | License ID: 369339

+1(423) 292-1196

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503 Georgia AVE