1001 Virginia Avenue, Bristol, TN 37620

$265,000 Asking Price

3 beds
2 baths
1,589  sqft
Built in 1910

Are you in search of an opportunity to initiate or expand your investment portfolio? Envision yourself residing in one section of a duplex while generating rental income from the other side? Or add to your portfolio by seamlessly adding a property that comes with two established renters. Conveniently located near the vibrant Downtown area and in close proximity to the Bristol Speedway, this duplex has had renovations done, boasting new heat pumps, a recent metal roof. There 2 service panels on their own meters. The updates extend to new lighting, flooring, appliances, and bathrooms, among other enhancements. The units feature slightly different layouts, with Unit 1 comprising one bedroom and Unit 2 offering two bedrooms. Each unit provides a private front and rear entrance, a covered front porch, a central bathroom, a spacious kitchen, and a furnished laundry area. Currently utilized as long-term rentals both units come fully furnished, including some accessories. This is your chance to own a property that not only aligns with your investment goals but also promises recurring income in a prime location! Buyers/Buyer's agent to verify all information.

Features & Amenities

Interior

General:
Open Floorplan, Remodeled
Appliances:
Dishwasher, Dryer, Range, Refrigerator, Washer
Basement:
Crawl Space
Flooring:
Hardwood, Luxury Vinyl, Tile
A/C:
true, Heat Pump
Heating:
true, Heat Pump

Exterior

Style:
Duplex
Parking:
Gravel

Construction

Roofing:
Metal
General:
Vinyl Siding, One

Location

Originating MLS:
Tennessee/Virginia Regional MLS
County:
Sullivan

Lot

Zoning:
Residential, 021g E 003.00

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Tennessee/Virginia Regional MLS
Buyers Agent Compensation:
3.00 %
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:
KW Johnson City, Taylor Grindstaff

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.

Similar Homes

Message

Interested in this home?

Request more information: