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721 Meadow View Road

Bristol, TN 37620
  • $450,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 9946445
$450,000
  • 0
    BEDS
  • 1.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,304
    SQFT
  • $195
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1995
County:

School Ratings & Info

Description

Great location with tremendous potential. This 4-unit apartment building is located directly across the street from Ballad Heart Center and Holston Medical Group and within walking distance of the Hospital. The property currently consists of 4 1 bedroom apartments with a good long-term rental history. Each unit is separately metered for electricity, and each has laundry hookups. This property is being sold with 2 parcels totaling just over 1 acre, with the vacant parcel having B3 zoning. All tenants are currently month to month, and this property has excellent potential to be converted to short-term rentals for travel nurses, travelers, and casino guests with its proximity to the hospital, interstate, and Hard Rock Bristol Casino. 2 additional adjoining parcels consisting of a single-family rental home (719 Meadowview Rd) zoned B3 and a large garage/shop building could also be purchased for a developer looking for a larger project. Currently, 3 of the 4 rental units have tenants. Potential buyers can easily view the vacant unit as the layout for each unit is identical. Serious buyers can schedule an appointment to see the occupied units with advanced notice. This is a rare opportunity for a multi-family unit with the potential to expand in an excellent location. Check it out today. Buyer/Buyer's agent to verify all information. Parcels 019K B 001.25 & 019K B 001.20 are included with this sale. Additional parcels: 019K B 001.30 & 019K B 001.15 are owned by the same seller and could be purchased for a total of approximately 2.6 acres. Please do not disturb tenants.

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© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-01-27T23:59:53.227.
www.highlandsrealtyinc.com/homes/135365063
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721 Meadow View Road Bristol, TN 37620

  • Price: $450,000
  • Status: Active
  • On Site: 46 Days
  • MLS #: 9946445
0
Beds
0
Baths
0
½ Baths
1.06
Acres
2,304
SQFT
$195
$/SQFT
1995
Built
Neighborhood:
Bristol Tn(County)
County:
Sullivan
Area:
Bristol Tn(County)
Property Description
Great location with tremendous potential. This 4-unit apartment building is located directly across the street from Ballad Heart Center and Holston Medical Group and within walking distance of the Hospital. The property currently consists of 4 1 bedroom apartments with a good long-term rental history. Each unit is separately metered for electricity, and each has laundry hookups. This property is being sold with 2 parcels totaling just over 1 acre, with the vacant parcel having B3 zoning. All tenants are currently month to month, and this property has excellent potential to be converted to short-term rentals for travel nurses, travelers, and casino guests with its proximity to the hospital, interstate, and Hard Rock Bristol Casino. 2 additional adjoining parcels consisting of a single-family rental home (719 Meadowview Rd) zoned B3 and a large garage/shop building could also be purchased for a developer looking for a larger project. Currently, 3 of the 4 rental units have tenants. Potential buyers can easily view the vacant unit as the layout for each unit is identical. Serious buyers can schedule an appointment to see the occupied units with advanced notice. This is a rare opportunity for a multi-family unit with the potential to expand in an excellent location. Check it out today. Buyer/Buyer's agent to verify all information. Parcels 019K B 001.25 & 019K B 001.20 are included with this sale. Additional parcels: 019K B 001.30 & 019K B 001.15 are owned by the same seller and could be purchased for a total of approximately 2.6 acres. Please do not disturb tenants.
Exterior Features

Exterior Finish Vinyl Siding Lot Size 243X181 Number Parking Spaces 8 Road Access County Road Roof Asphalt

Interior Features

Ac Heat Pump Heating Heat Pump Total Sqft Finished 2304.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 21900.00 Auction No Business Type Residential City Taxes 0.00 County Taxes 1113.59 Development Status See Remarks Electric Service See Remarks Financing CashConventional Foreclosure No Info Available See Remarks Other Equipment See Remarks Property Condition Above Average Restrictions See Remarks Sale Includes Fee Simple Sewer Septic Tank Short Sale No Water Public Zoning B3

Listing information © 2023 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Josh Taylor of Remax Results Bristol: (423) 793-1130.



© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-01-27T23:59:53.227.
 
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