1211 Broad Street

Bristol, TN 37620

$240,000
Price
5
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Investors take notice. This three unit multifamily home is ready to be your next income producing property. Two units are currently rented at $650/month, and the third has been remodeled and currently rented for $750/month. This triplex is complete with one-studio unit, (unit 1), a two bedroom unit, (unit 2), and another two bedroom unit upstairs, (unit 3). All units have private access from the interior of the home; unit 2 has an additional entrance from the exterior in the back of the property....Investors take notice. This three unit multifamily home is ready to be your next income producing property. Two units are currently rented at $650/month, and the third has been remodeled and currently rented for $750/month. This triplex is complete with one-studio unit, (unit 1), a two bedroom unit, (unit 2), and another two bedroom unit upstairs, (unit 3). All units have private access from the interior of the home; unit 2 has an additional entrance from the exterior in the back of the property. Property is being sold as is. Buyer and buyer's agent to verify all information contained herein. Equal Housing Opportunity.
  1. Listed by Roberto Aramburu • NextHome Magnolia Realty
  2. Listed by O'Mayra Diaz • NextHome Magnolia Realty

Property Details for 1211 Broad Street

Architectural Style
Craftsman
Zoning
Commercial
Subdivision
Not In Subdivision

Location

Listing Courtesy of NextHome Magnolia Realty, Roberto Aramburu (423.863.9034); NextHome Magnolia Realty, O'Mayra Diaz (423.707.4714)
Add your commute
LISTING UPDATED: 05/18/2024 07:55 PM

Property Details for 1211 Broad Street

StatusActive
MLS #9960870
Days on Market143
Taxes$1,381 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1900
Lot Size0.23 AC / 10,018 SF
CountySullivan County

Location

Listing Courtesy of NextHome Magnolia Realty, Roberto Aramburu (423.863.9034); NextHome Magnolia Realty, O'Mayra Diaz (423.707.4714)
Add your commute

Building Information for 1211 Broad Street

Stories2Residences-Year Built1900Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$1,425 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,310

Property Taxes

$115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1211 Broad Street

Summary
Location and General Information
  • City: Bristol
  • County: Sullivan
  • Directions: From I-81, take exit 1 and keep right at the fork, merge onto Gate City Hwy. Drive 1 mi, and continue straight onto W State St. After .6 mi, turn right onto 17th St. Drive .2 mi, and turn left onto Anderson St. After .3 mi turn left onto 12th St, then turn left onto Broad St. Property is on right.
  • Latitude: 36.59
  • Longitude: -82.20
  • Postal Code: 37620
  • State Or Province: TN
  • General Property Description : Zoning: Commercial
Taxes and HOA Information
  • Parcel Number: 020d A 014.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 3516
  • Location Tax Legal Info : Deed Page: 2269
  • Location Tax Legal Info : City Taxes: $624.49
  • Location Tax Legal Info : County Taxes: $756.51
School Information
  • High School: Tennessee
  • Middle Or Junior School: Vance
  • Elementary School: Anderson
Property
Lot Information
  • Lot Size Dimensions: 50 X 202.25
  • Lot Size Square Feet: 10,018.80
  • Lot Size Acres: 0.23
  • Lot Features: Level
  • Lot Size Area: .23
  • Lot Size Units: Acres
  • Building Area Total: .00
  • General Property Description : Acres: .23
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi-Family
  • Year Built: 1900
  • Property Sub Type: Multi-Family
  • Property Type Label: Multi-Family
  • New Construction: No
  • Construction : Site Built: Yes
  • Showing Instructions : Sign: Yes
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: See Remarks
  • Bathrooms Total Decimal: .00
  • Basement: Unfinished
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Levels: Two
  • General Property Description : Stories: 2
Exterior Features
  • Construction Materials: Wood Siding
  • Patio And Porch Features: Covered, Front Porch
  • Roof: Shingle
  • Heating : Heat Pump: See Remarks
  • Roof : Shingle: Yes
Multi Family
Multi-Family Information
  • General Property Description : Total Units: 3.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 24600
Unit 1
  • Unit 1 : # Units: 1
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 1
  • Unit 1 : Monthly Rent: 650
Unit 2
  • Unit 2 : # Units: 1
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : # Bathrooms: 1.00
  • Unit 2 : Monthly Rent: 650
Unit 3
  • Unit 3 : # Units: 1
  • Unit 3 : # Bedrooms: 2
  • Unit 3 : # Bathrooms: 1.0
  • Unit 3 : Monthly Rent: 750

Property History for 1211 Broad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1211 Broad Street

Taxable ValueLand$4,520Additions$26,920Total$31,440
Home Facts
Beds0Total Finished SqFt2,394 SqFtAbove Grade Finished SqFt2,394 SqFtUnfinished Basement SqFt1,078 SqFtStories2Lot Size2,178,000 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1937CountySULLIVANAPN082020D A 01400

Schools near 1211 Broad Street

This home is within Bristol School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Anderson Elementary School
PublicPK to 6

Vance Middle School
Public7 to 8

Tennessee High School
Public9 to 12

Tennessee Online Public School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1211 Broad Street is a multi-family home for sale in Bristol, TN 37620. This property was listed for sale on January 10, 2024 by NextHome Magnolia Realty, it's currently listed at $240,000. It has been on the market for a total of 143 days and was last sold on July 11, 2022. This listing's school district is Bristol School District. Nearby schools include Anderson Elementary School, Vance Middle School and Tennessee High School. 1211 Broad Street is a 5-bed, 3-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Magnolia Realty, Roberto Aramburu (423.863.9034); NextHome Magnolia Realty, O'Mayra Diaz (423.707.4714)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 05/18/2024 07:55 PM