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Sold for $385,000 on 11/17/22
  • $385,000

    506 6th St, Bristol, TN 37620

    4beds
    4baths
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $448,500 Zestimate®
    $--/sqft
    $994 Estimated rent

    What's special

    Bring your investors. Income producing multi family building in the heart of Bristol. Walking distance to town center, on bus route and opposite YMCA. Building made up of 6 x 1 bedroom, 1 bathroom updated apartments at 100% occupancy with long term tenants. New windows installed in 2022. Currently operating at 7% cap rate. Take advantage of low rental inventory and high demand. Commercial Bank appraisal has been completed. Full financials available with signed NDA. parcel id 021HA027.00 is included which sits to the rear of this property see tax record 6 Total units 2-6 rent for $700/month unit 1= $750 for. annual rent of 59,400. Owner pays for ATMOS gas, Electric water sewer and trash. Total square footage for the building is 3586. To see the layout see floor plan uploaded on the MLS This building can be purchased together with adjacent vacant land and building at 518 6th st(see separate listing) to create a 14 apartment complex with land to extend.

    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2023 at 08:20am

    Listed by:

    Mia Joyce Johnson 423-612-7653,

    American Realty

    Bought with:

    Holly Humphrey, 336635, 0225252017

    Greater Impact Realty Kingsport

    Maci West, 363764

    Greater Impact Realty Kingsport

    Source: TVRMLS,MLS#: 9942986

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • CHW System, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Refrigerator, See Remarks
    Features
    • Remodeled
    • Flooring: Vinyl, Tile, Laminate
    • Windows: Double Pane Windows
    • Basement: Dirt Floor
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Gravel
    Features
    • Patio & porch: Front Patio, Front Porch
    Lot
    • Dimensions: 59 x 113 x 58 x 113
    • Topography: Level
    Details
    • Parcel number: 021 H A 030.00
    • Zoning: COMMERCIAL

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Brick, Plaster
    • Foundation: Block, Pillar/Post/Pier
    • Roof: Metal
    Condition
    • Updated/Remodeled,Above Average
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bristol

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability