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948 Anderson Street, Bristol, TN 37620
$449,900 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
1,696
sqft
Built in
1910
Charming 3-Unit Multi-Family Residence in Prime Bristol Location! Perfect for Living, Renting, or Investment! Conveniently located near Downtown Bristol with easy access to The Pinnacle Bristol, the local Hospital, Bristol Motor Speedway, King University, and Steele Creek Park. Property Overview: Total Bedrooms: 5 Total Bathrooms: 3 full bathrooms Laundry: Common area laundry facilities Utilities: Natural gas available, each unit separately metered. Unit Details: Unit 1: 2 bedrooms, 1 bathroom, kitchen, and dining area. Unit 2: 1 bedroom, 1 bathroom, kitchen, and living space. Unit 3: 2 bedrooms, 1 bathroom, kitchen, and living space. Key Features: New Roof & Eaves: Recently installed for worry-free living. New Hot Water Heater: Ensures reliable hot water supply. Newer Flooring: Mixture of hardwood and other materials, adding character and charm. Current Leasing Status: All units are fully leased, providing immediate rental income. Versatile Usage Options: Primary Residence: Live in one unit and rent the others for additional income. Investment Property: Ideal for long-term rentals, AirBNB, or VRBO. Flexible Scenarios: Numerous possibilities to fit your lifestyle and financial goals. This property is an excellent opportunity for investors or homeowners looking to capitalize on rental income in a desirable location. With all units currently leased, you can start earning income immediately. Whether you want to expand your rental portfolio, live in one unit while renting the others, or explore short-term rental opportunities, this multi-family residence offers endless possibilities. Don't miss out on this incredible investment opportunity! Schedule your showing today to explore all the potential this property holds. All Information is deemed reliable but should be verified by buyer or buyer's agent.
Features & Amenities
Interior
- General:
- Entrance Foyer, Laminate Counters
- Basement:
- Exterior Entry
- A/C:
- true, Ceiling Fan(s), Window Unit(s)
- Heating:
- true, Space Heater
Exterior
- Style:
- Traditional
Construction
- Roofing:
- Asphalt, Shingle
- General:
- Aluminum Siding, Block, Brick, Two, Block
Location
- Originating MLS:
- Tennessee/Virginia Regional MLS
- County:
- Sullivan
Lot
- Zoning:
- Commercial, 020d J 024.00
- View:
- Mountain(s)
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Tennessee/Virginia Regional MLS
- Buyers Agent Compensation:
- 2.25 %
- NA Compensation:
- The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
This listing courtesy of:
A Team Real Estate Professionals, Dave Smith
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Bristol, TN
Housing
- Number of Units
- 18,520
- Median Home Value
- $146,423
- Median Rent
- $546
28.11% of housing units are renter occupied.
9.74% are vacant.
Commute
- Car
-
82.09%
- Public Transportation
-
0.29%
- Walk to Work
-
0.95%
- Work from Home
-
15.44%
- Other
-
0.82%
The median travel time to work is 20 minutes.
People
- Population
- 38,079
- Median Age
- 43.80
- Median Household Size
- 2.49
Education
- High School
-
34.16%
- Associate’s Degree
-
7.98%
- Bachelor’s Degree
-
17.58%
- Graduate Degree
-
8.53%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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