$599,900

311 12th Street, Bristol, TN 37620

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Who's your Cashcow??? This is it!!! The owner is giving the buyer a $5k concessions plus $5k security deposits at closing. This property is in the heart of Bristol TN with all kinds of Potential! Current owner has 4 units on long term rental at $1,295 a month for each. Each renter pays their own electric bills. The owner landlord pays $100 a month for sewer, trash, and water. $62,160 Gross;$58k net =right at 10% Cap ROI. Live on one level and rent out the other level and have your payment paid! This property is approved for a Bed and Breakfast with a www.com name website to go with it if the new owners want to go that route. This property is also approved for transitional housing at $1,000 a month for each room. The stone in this beauty is the same that was used in the Brooklyn Bridge in New York City! This is a historic home with new windows, new roof, new upgrades in the plumbing and electric. There is also the potential of an extra lot to build another multi unit complex on the corner of Windsor and 12th St. So the possibilities are endless! Please contact listing agent for all viewings! Buyers and buyer agents please verify all information taken from third party sources.

Listing Status:
Active
Date Added:
March 9, 2026
Data Last Updated:
March 25, 2026 at 7:37AM
Listing Office:
KW Bristol : 423-225-2703
Listing Agent:
Richard Shinault : 423-366-5511
MLS ID:
9992072
  • General: RemodeledRestoredWalk-In Closet(s)
  • Appliances: Electric RangeRefrigerator
  • Basement: Walk-Out AccessExterior Entry
  • Flooring: Hardwood
  • A/C: Window Unit(s)
  • Heating: BaseboardElectric
  • Fireplace: OrnamentalFireplace
  • General: See Remarks
  • Style: ColonialHistoric
  • Parking: Parking PadRV Access/ParkingDriveway
  • Roofing: CompositionShingle
  • Windows: Double Pane WindowsWindow Treatments
  • General: Vinyl SidingStonePlaster2Block
  • HOA Amenities: Landscaping
  • Originating MLS: Tennessee/Virginia Regional MLS
  • County: Sullivan
  • Zoning: Com020d M 027.00
  • Fencing: Privacy
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Tennessee/Virginia Regional MLS

This listing courtesy of Richard Shinault , KW Bristol

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Anderson Elementary School

901 9th St, Bristol, TN, 37620

Grades PK-5

0.46 miles away

T

Tennessee Middle School

815 Edgemont Ave, Bristol, TN, 37620

Grades 6-8

0.99 miles away

T

Tennessee Online Public School

615 Martin Luther King Jr Blvd, Bristol, TN, 37620

Grades 9-12

0.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.