We guarantee the sale of your home or we will buy it!* This property comes with $22,000+ in savings, guaranteed! We offer a stress free move that can happen immediately. If you are not completely satisfied with your investment at 24 months, we'll buy it back or sell it absolutely free-no questions asked. That's a $16,000+ value to our VIP buyers! We can even buy your current home so you can move in right away, so you don't get stuck owning two homes. Contact us today for a complimentary consultation and to get started. ************************* Investment Highlights: A Century-Old Manor in a Revitalized Location. This commercially zoned, turn-key 4-plex is located in the heart of Bristol, a city experiencing a massive economic and tourism boom. Situated on the Greenway and minutes from the permanent Hard Rock Hotel & Casino, this property offers incredible earning potential. While currently cash-flowing with long-term leases, it is ready to be transitioned into a high-yield furnished rental for traveling nurses, Airbnb guests, or retained as a profitable long-term rental. Versatile Income Streams for Maximum ROI. Proven Success as an Airbnb: With a prime location near the new Hard Rock Casino, downtown Bristol, and the Greenway, the property has a history of high-demand bookings from tourists. This market continues to expand as the city grows as a tourist destination. Ideal for the Traveling Nurse Market: The property's furnished status makes it an excellent candidate for the lucrative traveling healthcare housing market. With active hospitals and medical centers nearby, this investment offers a steady stream of mid-term rental opportunities. Consistent Long-Term Cash Flow: With a current 8.8% cap rate and professional management already in place. Investors can enjoy passive income from day one while deciding on the optimal strategy. Historic Charm Meets Modern Upgrades. Historic Character: Built in 1920, this charming manor boasts over 3,000 square feet and is full of original details. Features include original hardwood floors, stunning 10-foot ceilings, plaster walls, and four art deco fireplaces that showcase the home's timeless elegance. Move-in Ready Condition: The property has been recently upgraded for modern efficiency and security. A new roof, double-paned windows, digital locks, and a cloud-based security system ensure comfort and peace of mind for both tenants and investors. Turn-Key Operation: The property is fully furnished and comes with a digital asset (presumably a website, booking accounts, or a management system) to facilitate seamless ownership. Growth Potential: A Buildable Commercial Lot. Expand Your Portfolio: The purchase includes two parcels totaling 0.31 acres. The second commercial city lot offers a unique opportunity for future expansion, providing flexibility to build another unit, a commercial space, or sell it for a separate profit. Tap into a Growing Market: Bristol's economy is on the rise, driven by the Hard Rock Hotel & Casino. Investing in this property positions you to benefit directly from the area's increasing tourism and economic activity. Don't miss this rare opportunity to own a piece of Bristol's history with the potential for multiple, high-yield revenue streams. Contact us today to learn more and schedule a private showing. ***************************** Contact us today to get more information about this exclusive offer! Our properties include a **12-month limited home warranty ($660) value, $2,500 lender credit for qualifying buyers using our preferred lender, Free appraisal for qualifying buyers using our preferred lender, $300 title attorney credit, and $100 home inspection credit with our preferred vendor for our VIP buyers. **Must be negotiated in the contract. *Seller and Tannor must agree on price and possession date." with "STOP! Call the listing agent to get priority access, built-in buyer savings, and exclusive programs that are only available through the Listing Agent. Our
For sale
Price cut: $24.9K (11/20)
$649,999
311 12th St, Bristol, TN 37620
8beds
6,098sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$107/sqft
$-- HOA
What's special
New roofDigital locksFour art deco fireplacesOriginal hardwood floorsDouble-paned windowsPlaster wallsCloud-based security system
- 78 days |
- 245 |
- 6 |
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